Joe and Rika Mansueto are alumni of the University of Chicago. Mr. Mansueto received his bachelor's degree in business administration from the College in 1978 and his MBA from the Graduate School of Business in 1980. Mrs. Mansueto received her bachelor's degree in anthropology from the College in 1991.
Mr. Mansueto is founder of Morningstar, Inc., a premier investment research firm. He started the company in 1984, working out of his one-bedroom apartment in Chicago. Today, Morningstar has more than 2,000 employees in 18 countries, with annual revenues of more than $400 million. Mrs. Mansueto was an investment analyst at Morningstar until 2000. The Mansuetos married in 1998 and have three children.
Mr. Mansueto is a 50 percent partner in Time Out Chicago, a guide to entertainment and local attractions that began publication in 2005 and has a circulation of nearly 40,000. He has also acquired business magazines Inc. and Fast Company from Gruner + Jahr USA Publishing in 2005.
The University of Chicago has honored Mr. Mansueto with the Graduate School of Business Distinguished Alumnus Award (2000) and a University of Chicago Alumni Association Professional Achievement Award (2003). In 2008, the Mansuetos were inducted into the University's Founders Circle in recognition of their support of the institution. The Mansuetos' $25 million gift to the University will be recognized through the naming of the Joe and Rika Mansueto Library, which has been designed by Helmut Jahn and is scheduled to open in fall 2010.
Recollections of Regenstein Library inspired the Mansuetos' extraordinary gift to the University. The Mansuetos shared stories with students at a special breakfast on the day of the Mansueto Library Groundbreaking Ceremony.
