J. Joe Ricketts & family
Overview
- Source of Wealth
- TD Ameritrade
- Industry
- Finance & Investments
- Residence
- Little Jackson Hole, Wyoming
- Education
- Creighton University (Bachelor of Arts/Science)
- Marital Status
- Married
- Children
- 4
Assets
- Charles Schwab Corp.33,105,371 shares @ --SCHW-US
- TD Ameritrade Holding Corp.0 shares @ --AMTD-US
Biography
Online stock trading pioneer Joe Ricketts founded brokerage firm Ameritrade five decades ago in Omaha, Nebraska and took it public in 1997.
His company acquired TD Waterhouse for $2.9 billion in stock and cash in 2006 and renamed itself TD Ameritrade.
In 2019, competitor Charles Schwab announced it would acquire TD Ameritrade in a $26 billion deal.
Ricketts retired from the board of directors of TD Ameritrade in 2011 but remained its largest individual shareholder until it was acquired.
In 2014, he funded the construction of religious silent retreat center, the Cloisters on the Platte, in Nebraska.
His four children are the majority owners of the Chicago Cubs, which won the World Series in 2016 for the first time in 108 years.
About
It took Ricketts nine years to graduate from Creighton University because he periodically had to stop and earn money to pay his tuition.
Ricketts? son, Pete, was sworn in as a Nebraska senator in January 2023 ? he previously served as governor of the state.