Billionaire Profile
Justin Ishbia
Global Rank
#239

Image: Public domain | via Wikimedia Commons

Justin Ishbia

CEO, Shore Capital Partners
US
Real-Time Net Worth
$5.4B
As of December 2025
Age
48
Source
Private equity
Industry
finance-investments
Citizenship
US

Biography

Justin Ishbia is an American billionaire and private equity investor. He is best known as the founder and managing partner of Shore Capital Partners, a Chicago-based private equity firm. His wealth is primarily derived from his private equity ventures, his 22% stake in United Wholesale Mortgage (UWM), and his ownership in professional sports teams. As of June 2024, his net worth was estimated at $5.4 billion, ranking him among the top billionaires globally. Ishbia's career has been marked by a focus on acquiring and growing microcap and small-cap companies, particularly in the healthcare and industrial sectors. He is also a co-owner of the Phoenix Suns NBA franchise, the Phoenix Mercury WNBA team, and a minority owner of the Chicago White Sox MLB team.

Wealth Over Time

In-Depth Profile

Early Life and Education

Justin Ishbia was born in 1977 or 1978 in Birmingham, Michigan, into a Jewish family. He was raised in the Detroit metropolitan area. His father was an attorney and entrepreneur, while his mother was a schoolteacher. Ishbia attended Birmingham Seaholm High School and later earned a Bachelor of Science in Accounting from Michigan State University's Eli Broad College of Business in 2000. Following this, he pursued a Juris Doctor (J.D.) from Vanderbilt University Law School in 2004.

Rise to Success

In 2009, Ishbia co-founded Shore Capital Partners, a Chicago-based private equity firm specializing in lower middle-market investments. The firm focuses on sectors such as healthcare, food & beverage, business services, real estate, and industrials. Shore Capital Partners has become one of the world's most active buyout shops. Ishbia's leadership and investment strategies have driven the firm's success, leading to significant growth and a portfolio of numerous acquisitions.

Key Business Strategies

Shore Capital Partners focuses on acquiring and growing microcap and small-cap companies, often in niche sectors. The firm has completed hundreds of acquisitions. Shore Capital's approach includes investing in computer systems and equipment and building strong management teams. Ishbia's ability to identify and capitalize on opportunities in the lower middle market has been a cornerstone of his success. His firm closed a $450 million fund dedicated to food and beverage investments in July 2025 and $850 million across two new funds in October 2025.

Philanthropy

Ishbia has contributed significantly to philanthropic causes, donating over $10 million to his alma maters, Michigan State University and Vanderbilt University Law School. He also matched his brother's $1 million donation to the V Foundation for cancer research.

Career Milestones

2004

Graduated from Vanderbilt University Law School

Obtained a Juris Doctor degree and a certificate in Law and Business.

2005

Joined Kirkland & Ellis

Began legal career at the Chicago-based law firm, focusing on private equity.

2009

Co-founded Shore Capital Partners

Established a private equity firm specializing in lower middle-market investments.

2023

Co-owner of Phoenix Suns and Phoenix Mercury

Purchased a majority stake in the NBA and WNBA teams with his brother, Mat Ishbia.

2025

Agreement to control Chicago White Sox

Reached an agreement with Jerry Reinsdorf to take over a controlling stake in the Chicago White Sox.

Philanthropy & Social Impact

Education

Vanderbilt University Law School Donation

$10M

Donated $10 million to support key strategic priorities within the school.

Education

Michigan State University Donation

$10M

Contributed $10 million to the university's athletics programs

Cancer Research

V Foundation Donation

$1M

Matched his brother's donation to support cancer research

Business Philosophy & Leadership

Notable Quotes

""I don't sleep very much.""

""I'm a buyer right now.""

Leadership Principles

Rapid Decision-Making

Known for making quick decisions and staying highly responsive.

Focus on Winning

Prioritizes winning, as seen in his sports investments.