Joe Ricketts Net Worth (Updated 2026).

Joe Ricketts, a name synonymous with entrepreneurial success and innovation, began his career in the early 1970s, fresh out of college and brimming with ambition. Born and raised in Nebraska, Ricketts’ journey took a significant turn when he moved to Chicago to work for the First National Bank of Chicago. Here, he honed his financial acumen, learning the intricacies of the banking industry, a skill set that would prove invaluable in his future endeavors.

It was in 1982 that Ricketts made his first foray into the world of entrepreneurship. With a modest investment and a vision for a new kind of brokerage firm, he co-founded R.D. Smith & Co., a company that would eventually become TD Ameritrade. This venture was a testament to Ricketts’ ability to identify and capitalize on emerging opportunities in the financial sector, a trait that would become a hallmark of his career.

Joe Ricketts’ Current Net Worth (2025)

As of 2025, Joe Ricketts’ net worth is estimated to be approximately $3.5 billion, according to Forbes. This significant wealth is primarily attributed to his successful career in the finance industry and his investments in various ventures.

Career

Joe Ricketts co-founded TD Ameritrade, a prominent online brokerage firm, in 1975. He served as the company’s CEO until 1996 and remained on its board of directors until 2006. His leadership and vision played a crucial role in transforming the company into a leading player in the discount brokerage industry.

Other Ventures

Beyond TD Ameritrade, Ricketts has invested in and founded several other companies. He is the founder of Ricketts Financial Services, a private investment firm, and has also invested in real estate and early-stage technology companies. Additionally, Ricketts is the owner of the Chicago Cubs baseball team, having purchased the franchise in 2009.

Assets

Ricketts’ assets include a significant stake in TD Ameritrade, which was valued at over $2 billion as of 2021. He also owns the Chicago Cubs, valued at around $3.2 billion in 2021. Ricketts’ real estate holdings, including his primary residence in Omaha, Nebraska, are estimated to be worth tens of millions of dollars.

Annual Income

While Joe Ricketts’ exact annual income is not publicly disclosed, it is estimated to be in the tens of millions of dollars. This is primarily derived from his investments in various companies, including TD Ameritrade, and his ownership of the Chicago Cubs. Additionally, Ricketts continues to earn income from his role as the chairman of Ricketts Financial Services.

Frequently Asked Questions about  Joe Ricketts

Frequently Asked Questions about Joe Ricketts

1. What is Joe Ricketts’ net worth?

Joe Ricketts’ net worth is estimated to be around $2.5 billion.

2. How did Joe Ricketts make his fortune?

Joe Ricketts made his fortune as a co-founder of TD Ameritrade, an online brokerage firm. He started the company in 1971 with J. Joseph Ricketts and now serves as its chairman.

3. Is Joe Ricketts related to the Ricketts family that owns the Chicago Cubs?

Yes, Joe Ricketts is the father of Tom Ricketts, the chairman of the Chicago Cubs. The Ricketts family purchased the Cubs in 2009.

4. What is Joe Ricketts’ involvement with the Chicago Cubs?

Joe Ricketts has been involved with the Chicago Cubs through his son, Tom. However, he has kept a lower profile and has not been actively involved in the day-to-day operations of the team.

5. What is Joe Ricketts’ political affiliation?

Joe Ricketts is a Republican and has been a significant donor to the Republican Party and conservative causes.

6. Has Joe Ricketts ever run for political office?

No, Joe Ricketts has not run for political office. However, he has been involved in politics through his donations and support for various candidates and causes.

7. What is Joe Ricketts’ stance on climate change?

Joe Ricketts has been a vocal skeptic of climate change and has funded organizations that question the scientific consensus on the issue.

8. What is Joe Ricketts’ philanthropic work like?

Joe Ricketts and his wife, Marlene, have been involved in various philanthropic efforts, including supporting education, healthcare, and arts organizations. They established the Ricketts Family Foundation to manage their charitable giving.

9. Where does Joe Ricketts live?

Joe Ricketts primarily resides in Omaha, Nebraska, where TD Ameritrade is headquartered. However, he also has homes in other locations, including Florida and Colorado.

10. What are Joe Ricketts’ hobbies and interests outside of business and politics?

Joe Ricketts is an avid art collector and has been involved in supporting the arts. He is also a passionate sports fan, particularly of the Chicago Cubs and the Nebraska Cornhuskers football team.