Name
J. Joe Ricketts
J. Joe Ricketts
Little Jackson Hole, Wyoming
Bachelor of Arts/Science, Creighton University
United States
10
TD Ameritrade, Self Made
$2,700,000,000
804
4
#804 Billionaires 2019
#354 Forbes 400 2018
Online stock trading pioneer Joe Ricketts founded brokerage firm Ameritrade four 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 2011, Ricketts retired from the board of directors of TD Ameritrade; he still owns 7% of the company and son Todd is a board member.In October 2016, TD Ameritrade said it would acquire competitor Scottrade for $4 billion; the deal closed in Sept. 2017.His religious silent retreat center, the Cloisters on the Platte, in Nebraska, hosted its first session in July. He funded the campus. Ricketts' 4 children are the majority owners of the Chicago Cubs, which won the World Series in 2016 for the first time in 108 years.
It took Ricketts 9 years to graduate from Creighton University because he periodically had to stop and earn money to pay his tuition.Trump briefly considered Ricketts' son Todd as deputy commerce secretary.
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