1. Mat Ishbia is the majority owner of the Phoenix Suns of the NBA and Phoenix Mercury of the WNBA alongside his older brother, Justin.
11 Facts About Mat Ishbia
1. 2.
Mat Ishbia played basketball as a walk-on point guard for Michigan State from 1999 to 2002 and was a member of the team that won the national championship in 2000.
3.
In 2013, Mat Ishbia became the CEO of United Wholesale Mortgage, an American mortgage lender founded by his father in 1986.
4.
Mat Ishbia became a billionaire in 2021 when UWM became a publicly traded company.
5.
In 2021, Mat Ishbia announced that UWM would no longer do business with any broker doing business with competitors Rocket Mortgage and Fairway Independent Mortgage, leading to a lawsuit filed by brokers a month later.
6.
In December 2022, Mat Ishbia's bid was accepted to purchase the NBA's Phoenix Suns and WNBA's Phoenix Mercury basketball teams for $4 billion, pending league approval.
7.
Mat Ishbia landed in a group of fans on the baseline that included Ishbia, who grabbed the basketball.
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Mel Tucker 8.
Jokic tried to take the ball away from Mat Ishbia, resulting in the ball flying backward into the crowd and Mat Ishbia being knocked backward by Jokic's elbow.
9.
On February 4,2021, Mat Ishbia donated $32 million to Michigan State University, the largest one-time commitment from an individual.
10.
In November 2021, Mat Ishbia agreed to donate an additional $14 million to Michigan State University.
11.
Mat Ishbia disclosed the donation was to retain head football coach Mel Tucker which was later confirmed through a legal battle to obtain donation records originally denied by MSU through a FOIA.