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17. Joe Mansueto

Joe Mansueto

AGE: 55
OCCUPATION: Founder and CEO, Morningstar

The first to bring rigorously independent analysis of performance and fees to the world of mutual funds, Mansueto demystified an industry and shifted power to ordinary investors. His resulting riches—his roughly 50 percent stake in Morningstar is worth about $1.5 billion—are giving him power over how Chicago looks (he gave $25 million for the U. of C.’s new library) and what it reads (he has an ownership stake in Time Out Chicago and the Sun-Times).

MORE ON MANSUETO: Joe Mansueto on Morningstar, Warren Buffett, the Financial Collapse, and More | Our June 2006 profile

RELATED: Most Powerful Ex-Chicagoans | Power Couples | Power Siblings | Up-and-Comers | Poll: Which Powerful Chicagoan Would You Call Back First? | Quiz: Do You Know Chicago’s Power Players? | Back to all 100

 

Photograph: Bob Stefko

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