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Mat Ishbia: From Basketball To Billion-Dollar Business | E85
Welcome to In Search of Excellence! We are happy to have Mat Ishbia as our guest today!
Mat is the Chairman and CEO of the United Wholesale Mortgage, the largest wholesale mortgage lender in the United States, which had a $931.9 million net income in 2022. Mat owns 71% of the company shares that are worth $5.9 billion, which places Mat at 156 on the Forbes 400 in early 2023.
Mat and his brother Justin bought a majority stake in the NBA, Phoenix Suns, and WNBA, Phoenix Mercury. Mat was a member of the Michigan State Spartans basketball team that went to three Final Fours and won the NCAA…
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