United Wholesale Mortgage CEO Mat Ishbia has agreed to buy a majority stake of the Phoenix Suns and Phoenix Mercury for $4 billion from its owner. However, the sale is expected to take several weeks to complete. Other than that, Mat was on the Michigan State team that won the NCAA men's basketball championship in 2000.

Who Is Mat Ishbia?

Mat Ishbia, with a Wikipedia page with limited data, is the billionaire owner of Pontiac-based United Wholesale Mortgage. Moreover, he is the former Michigan State basketball walk-on who was part of the 2000 national championship team. Other than that, he is the one who is finalizing a purchase of the NBA's Phoenix Suns and Phoenix Mercury for $4 billion.

Mat Ishbia was a basketball player for Michigan State University prior to joining UWM in 2004. UWM is the company that his father founded. After working for around 10 years, he was named the CEO of the company. Moreover, during his run, UWM had a drastic change in its capital and all the other aspects.

As of now, Mat Ishbia is the most prominent advocate for mortgage brokers nationwide while promoting the wholesale channel on national platforms. Moreover, National Mortgage Professional magazine has named him the 25 Most Connected Mortgage Professionals. In addition to that, he has been awarded various awards like the Vanguard Award,  2020 Newsmaker of the Year, and many more.

Mat Ishbia Wiki Details

Mat Ishbia Biography & Parents Details

Mat Ishbia was born to his father, Jeffrey Alan, and his mother, Joanne Ishbia, in Birmingham, Michigan. Moreover, his father is the founder of United Wholesale Mortgage. Meanwhile, his mother is a retired professional and has been living her life as a homemaker. Mat Ishbia isn't the only child of his parents and has a brother named Justin Ishbia.

Mat Ishbia celebrates his birthday on 6 January every year with his family and friends. He was born Mathew Ishbia on 6 January 1980, which makes him 42 years old as of 2022. Looking at his date of birth, he has Capricorn as his zodiac sign. As he was born in Birmingham, Michigan, he holds American nationality. Moreover, Mat comes from a white ethnic background and follows Judaism as his religion.

After graduating from a local high school, he went to Michigan State University and graduated with a bachelor's degree in Business in 2003. At the age of 42, he still looks fabulous at his height of 5 feet and 10 inches with a decent weight of around 79kg.

Mat Ishbia Married Life

Mat Ishbia is a married man and has a wife named Emily Clarke.  Moreover, the couple has been together for quite a period and has been married since 2014. Meanwhile, his wife is a native of Naperville, a western suburb of Chicago model, and a blogger. In addition to that, his wife used to play soccer during her college life.

Mat Ishbia has been very private about his married life. However, he regularly takes his wife and three kids to multiple events and outings on regular basis. Moreover, there have been rumors about his divorce but it is yet to get confirmed.

Mat Ishbia Net Worth Insights

After over a decade as the CEO of UWM, Mat Ishbia has an estimated net worth of $4.7 billion as of 21 December 2022. As the CEO of UWM, he makes an average base salary of $600,000 per year. However, he makes over $17 million from the other benefits from the company.

Mat Ishbia has a Bloomfield Township home in Michigan and the property costs millions. Moreover, the house is filled with basketballs, hockey sticks, newly created arts and crafts, musical instruments, and more.

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