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Mat Ishbia
American businessman
MichiganFinance
D
23
Giving Score
uses a net worth as of 2025
~$9.5B
Est. Net Worth (as of 2025)
Source: Wikidata — retrieved 10/11/2026 (wikidata)Dispute
Source: Wikidata — retrieved 10/11/2026 (wikidata)Dispute
Profile Summary
A net worth stated in this summary may be out of date.
Mat Ishbia is an American businessman in the finance industry, born in 1980 and based in Michigan. He has an estimated net worth of ~$9.5B Wikidata. News coverage identifies him as the controlling owner of the Phoenix Suns and Phoenix Mercury and ties much of his fortune to United Wholesale Mortgage (UWM) NewsAPI.
Business & SEC Activity
Ishbia is associated with UWM Holdings Corp. (ticker: UWMC), according to SEC records SEC EDGAR. SEC EDGAR lists 103 insider filings for him, including 10 Form 4 filings between April 8 and May 8, 2026; Form 4 reports are used to disclose transactions and holdings by company insiders SEC EDGAR.
Philanthropy
The Ishbia Family Foundation Inc. reported $382,836 in grants paid in tax year 2023, with equal reported revenue and expenses of $382,836 ProPublica 990. Its filing reported total assets of $1 ProPublica 990.
Political Activity
FEC records show 30 contributions totaling $5,097,600 from April 30, 2014, through November 20, 2025 FEC. The party breakdown was $5,046,100 to unknown-party recipients, $28,500 to Democratic recipients, and $23,000 to Republican recipients; the largest listed recipient was Progress Pinellas, which received $5,000,000 FEC.
These donations are matched to this person by name only, so some may belong to a different person with the same name: FEC filings can include a donor's employer and city, but our matching does not check them against what we know about this person.
In the News
August 2026 coverage focused on reported financial issues connected to UWM, including reports that the company recorded a roughly $603 million loss tied to an interest-rate hedging strategy NewsAPI. Other reports discussed loans used to finance the 2023 purchase of the Phoenix Suns and UWM shares pledged as collateral NewsAPI.
U.S. Presence
otherU.S. economic presence
Philanthropy
Foundations are matched to a person by name, not by trustee records — so a same-surname family foundation can land here in error. Every entity below links to its full IRS filing; if one doesn’t belong, tell us at hello@skylarkcreations.com and we’ll pull it.
$1Foundation Assets
$383KGrants Paid
1Foundation
Ishbia Family Foundation IncChicago, IL
Human services (IRS NTEE P20)
Assets: $1Revenue: $383KGrants: $383KTax Year: 2023
Mission, purpose & full 990 filings → ProPublica Nonprofit ExplorerPolitical Contributions
$5.1MTotal Contributed
30Contributions
2014–2025Date Range
By Party
Every party on file is listed here. The bars are rounded for display; unrounded they total exactly $5,097,600.
Top Recipients
PROGRESS PINELLAS$5.0M
UNITED WHOLESALE MORTGAGE PAC (UWM PAC)$20K
ERIC LYNN FOR CONGRESS$11K
LENA FOR CONGRESS$11K
TEAM HUIZENGA$8K
Matched by name only. These donations are matched to this person by name only, so some may belong to a different person with the same name: FEC filings can include a donor's employer and city, but our matching does not check them against what we know about this person.
SEC Filings
103Total Filings
103Insider Filings
432EDGAR Mentions
0001841794Personal CIK
Associated Companies
Entities appearing alongside this person in SEC full-text search — an association, not necessarily ownership or control. Follow each link to the primary SEC record to judge for yourself.
Recent Insider Filings
4FORM 4
5/8/20264FORM 4
5/6/20264FORM 4
5/4/20264FORM 4
4/29/20264FORM 4
4/27/20264FORM 4
4/22/20264FORM 4
4/20/20264FORM 4
4/15/20264FORM 4
4/13/20264FORM 4
4/8/2026News Coverage
Coverage window: 2026-08-15 to 2026-08-19 · retrieved 8/22/2026
Score Breakdown
D
23
Giving score
uses a net worth as of 2025
The giving score is a weighted average of 2 components. The formula is open and versioned — the weight percentages below show how much each component contributes to the final score.
Philanthropy65% weight
Evidenced charitable giving — built on what they actually give each year, not parked assets. Dominated by generosity (annual giving relative to net worth — the share of your fortune you give), plus the absolute scale of that giving, plus a small nudge for signing the Giving Pledge (a commitment, not a realized action).
Data: ProPublica 990 charitable disbursements, net worth, The Giving Pledge registry
Data coverage35% weight
How much sourced public record we hold about this person — net worth, SEC filings, foundation 990s, news coverage, Wikidata. It measures our coverage, not how open the person is. Each further kind of record scores higher, up to eight. Political donation records matched to a person by name alone are not counted: they may belong to someone else with the same name. From October 7, 2026, our own AI-written summary and the profile photo are not counted either — neither is a public record — so grades that leaned on them moved down that day.
Data: SEC EDGAR, ProPublica 990s, GDELT / NewsAPI, Wikidata
Formula (v2): Giving score = 65% x Philanthropy + 35% x Data coverage
Scored on 10/16/2026 on a 0–100 scale. The score uses only the signals we have populated data for. Goal Impact, Controversy, and Community Approval are deferred until that data exists — Phase 1 goal adoption, controversy detection, and community votes respectively.
All data is sourced from public records. Each section links to its original source. View on Wikidata