Matt Ishbia Net Worth (Updated 2026).

Matt Ishbia, born and raised in the suburbs of Chicago, didn’t always have a clear path to success. After graduating from the University of Illinois with a degree in finance, he found himself working in the mortgage industry. However, it was his entrepreneurial spirit and innovative ideas that truly set him apart. In 2003, at just 23 years old, Ishbia co-founded United Wholesale Mortgage (UWM) with his brother, Jeff. Starting from their parents’ basement, they began to revolutionize the mortgage industry with their unique business model.

Matt Ishbia’s Current Net Worth (2025)

As of 2025, Matt Ishbia’s net worth is estimated to be around $1.5 billion. This significant wealth can be attributed to his successful career in the mortgage industry and his strategic investments.

Career

Matt Ishbia is the co-founder and CEO of United Wholesale Mortgage (UWM), one of the largest wholesale mortgage lenders in the United States. He co-founded the company in 2013 with his father, Jeff Ishbia, and has since grown it into a multi-billion dollar business. Prior to UWM, Matt worked at his father’s mortgage brokerage firm, learning the ropes of the industry.

Other Ventures

In addition to UWM, Matt Ishbia has invested in various other ventures. He is a part-owner of the NBA’s Phoenix Suns, having invested in the team in 2022. He also has interests in real estate and other financial services companies. His diverse portfolio reflects his entrepreneurial spirit and willingness to take calculated risks.

Assets

Matt Ishbia’s assets include a significant stake in UWM, which he co-owns with his father. He also owns a luxury home in Michigan, valued at around $2 million, and has investments in several other properties. His NBA team ownership and other equity investments contribute to his overall asset portfolio.

Annual Income

As the CEO of UWM, Matt Ishbia’s annual income is substantial. In 2021, it was reported that he earned over $10 million from his role at the company. However, his exact annual income can fluctuate based on UWM’s performance and his other business ventures.

Frequently Asked Questions about  Matt Ishbia

Frequently Asked Questions: Matt Ishbia Net Worth

1. What is Matt Ishbia’s net worth?

Matt Ishbia’s net worth is estimated to be around $5 billion.

2. How did Matt Ishbia make his fortune?

Matt Ishbia co-founded United Wholesale Mortgage (UWM), one of the largest mortgage lenders in the United States. He served as the CEO until 2021 and has significantly grown the company’s value.

3. When was Matt Ishbia born?

Matt Ishbia was born on April 23, 1981.

4. Where did Matt Ishbia grow up?

Matt Ishbia grew up in Birmingham, Michigan.

5. What is Matt Ishbia’s educational background?

Ishbia graduated from Michigan State University with a degree in finance.

6. When did Matt Ishbia co-found UWM?

Matt Ishbia co-founded UWM in 2009 with his brother, Joe Ishbia.

7. What is Matt Ishbia’s role at UWM?

After serving as the CEO from 2009 to 2021, Matt Ishbia stepped down from the position but remains a significant shareholder and board member of UWM.

8. Has Matt Ishbia made any significant investments or donations?

Yes, Matt Ishbia has made significant investments in various industries, including real estate and technology. He has also been involved in philanthropic efforts, donating to causes such as education and healthcare.

9. What is Matt Ishbia’s relationship with the Detroit Pistons?

Matt Ishbia is a minority owner of the Detroit Pistons, the NBA team based in Detroit, Michigan.

10. Does Matt Ishbia have any siblings?

Yes, Matt Ishbia has a brother named Joe Ishbia, who is also his business partner at UWM.