Joe Mansueto
Source of wealth: Investment research
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The scale of their wealth
Health
The price of life
Let's compare Joe Mansueto's fortune with the healthcare spending of a massive country
Joe Mansueto could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 2.1 years.
But even if we compare their fortune with that of a rich country
On the other end, Joe Mansueto could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.9 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
Joe Mansueto could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 1.4 years.
And yes, we can also compare it with a rich country
But they couldn't just cover the cost of a poor country; Luxembourg is considered the country with the highest per capita investment in education in the world, and Joe Mansueto could pay for it entirely for 1.8 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Joe Mansueto could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 7.8 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Joe Mansueto with Israel, the country that invests the most per capita in research in the world, they could cover the total cost of the system for 0.2 years.
Gold
Everyday luxuries
Joe Mansueto's fortune is equivalent to 32 tons of gold. It's hard to process, since we don't usually keep a handful of gold bars in our piggy banks.
A standard gold ring usually weighs between 4 and 7 grams. Let's say this one weighs 5 grams. It's usually 18 karats.
Based on today's gold price (excluding the jeweler's commission, shipping, or anything else), that ring would be worth $546.86.
Joe Mansueto could buy 8,419,802 gold rings. That's a lot of fingers and way too many gifts!!
And if you're struggling to visualize that many rings, it would take 2 trucks to transport them. Although Joe Mansueto will almost certainly have enough money left over to pay for the gas.
Biography
Joe Mansueto started independent investment research firm Morningstar in 1984 with $80,000 in savings.
Mansueto stepped down as CEO in 2017 after more than 30 years at the helm.
He owns about 36% of the publicly traded firm, which manages or advises on more than $290 billion in assets.
In 2018, the Chicagoan paid $255 million for the iconic Wrigley Building and $106 million to buy the Belden-Stratford apartment building.
Mansueto bought a 49% stake in the Chicago Fire soccer team in 2018; he bought the rest a year later.
In 2025, Mansueto announced plans to finance $650 million to build a new soccer stadium in downtown Chicago, which will seat about 22,000 people.
Financial Assets
Monthly wealth history
Fortune comparison
Historical data not available for comparison