Mat Ishbia Net Worth (Updated 2026).

Mat Ishbia, born and raised in Michigan, began his career in the mortgage industry at a young age. After graduating from Michigan State University with a degree in finance, he joined his father’s mortgage company, United Wholesale Mortgage (UWM), in 2003. Ishbia started from the bottom, working his way up from a loan processor to a loan officer.

In 2013, at just 32 years old, Ishbia took over as CEO of UWM. Under his leadership, the company grew exponentially, becoming the largest wholesale mortgage lender in the United States. Ishbia’s innovative approach to the mortgage industry, including his focus on technology and customer service, helped propel him to fame.

**Mat Ishbia’s Current Net Worth (2025)**

As of 2025, Mat Ishbia’s current net worth is estimated to be around $5 billion, according to Forbes. This significant wealth is largely attributed to his successful career in the mortgage industry and his strategic investments.

**Mat Ishbia’s Career**

Mat Ishbia, born in 1979, is a prominent figure in the mortgage industry. He co-founded United Wholesale Mortgage (UWM) in 2000, which has since become the largest wholesale mortgage lender in the U.S. Ishbia served as the CEO of UWM until 2022 when he stepped down to pursue other ventures.

**Mat Ishbia’s Other Ventures**

Beyond UWM, Ishbia has ventured into various other businesses. In 2022, he became the majority owner of the NBA’s Cleveland Cavaliers, demonstrating his interest in sports franchises. He also has investments in real estate and technology startups, diversifying his portfolio.

**Mat Ishbia’s Assets**

Ishbia’s assets include a significant stake in UWM, valued at over $4 billion as of 2025. He also owns a minority stake in the NBA’s Phoenix Suns, valued at around $200 million. His real estate holdings, primarily in Michigan, are estimated to be worth hundreds of millions of dollars.

**Mat Ishbia’s Annual Income**

While specific figures for Ishbia’s annual income are not publicly disclosed, given his net worth and business ventures, it’s estimated that his annual income is in the tens of millions of dollars. His exact earnings can fluctuate based on the performance of his investments and businesses.

Frequently Asked Questions about  Mat Ishbia

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Frequently Asked Questions about Mat Ishbia Net Worth

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1. What is Mat Ishbia’s net worth?

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Mat Ishbia’s net worth is estimated to be around $6 billion.

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2. How did Mat Ishbia make his money?

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Mat Ishbia made his fortune as the founder and CEO of United Wholesale Mortgage (UWM), a leading mortgage lender in the United States.

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3. When was United Wholesale Mortgage founded?

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UWM was founded in 2003 by Mat Ishbia.

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4. What is Mat Ishbia’s role at UWM?

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Mat Ishbia serves as the CEO and President of United Wholesale Mortgage.

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5. How did Mat Ishbia become the CEO of UWM?

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Mat Ishbia started UWM with his brother, Jeff Ishbia, and became the CEO as the company grew and expanded.

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6. What is Mat Ishbia’s educational background?

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Mat Ishbia graduated from Michigan State University with a degree in Finance.

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7. Does Mat Ishbia have any philanthropic endeavors?

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Yes, Mat Ishbia is involved in various philanthropic efforts, including the Mat Ishbia Foundation, which focuses on supporting education and community initiatives.

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8. What is the Mat Ishbia Foundation?

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The Mat Ishbia Foundation is a non-profit organization established by Mat Ishbia to support education, community development, and other charitable causes.

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9. How old is Mat Ishbia?

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Mat Ishbia was born on March 28, 1979, making him 43 years old.

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10. Where does Mat Ishbia live?

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Mat Ishbia resides in Michigan, United States.