Thomas Stuart Ricketts (born May 23, 1966) is the Chairman of the Chicago Cubs, know his net worth, age, family, wife, house and Twitter
He is also the Chairman, co-founder, and former CEO of Incapital LLC, a company that helps securities companies and private investors gain more efficient access to corporate bonds.
Tom Ricketts Age, Biography, Family, Wife, House, Chicago Cubs, Business, Net Worth, Twitter, Chelsea Bid
The Ricketts family, together with his sister Laura and brothers Pete and Todd, serve on the Cubs’ board of directors. J. Joseph Ricketts, the founder of TD Ameritrade Holding Corporation, is his father. According to Forbes, Joe Ricketts has a net worth of $2.3 billion as of 2018.
Tom Ricketts spearheaded a Ricketts family bid for the Chicago Cubs that was successful in January 2009. The squad and accompanying assets were valued at roughly $900 million in the auction. The transaction was unanimously authorised by the owners of the other 29 Major League Baseball clubs in October of that year, and Ricketts was unveiled as the Cubs’ chairman on October 31, 2009. Through their family trust, Tom, his three siblings – Peter, Laura, and Todd – and both of his parents share ownership of the squad.
Mr. Ricketts and his wife, Cecelia, purchased the Wilmette, Illinois, mansion, a 5,500- square-foot, eight-bedroom home in 2004 for $1 million which they sold in 2018 for $2.5 million.
Mr. and Mrs. Ricketts paid $7 million for a separate lakeside property in Wilmette where they began construction of their new mansion. Robert A.M. Stern, a renowned classical architect is building the new home on that site with an estimated construction cost of $10.74 million.
Quick Personal Details
| Born | May 23, 1966 (age 55) |
| Omaha, Nebraska, U.S. | |
| Nationality | American |
| Education | University of Chicago, B.A. 1988, M.B.A. 1993 |
| Occupation | Chairman of the Chicago Cubs |
| Chairman, Incapital LLC. | |
| Spouse(s) | Cecelia Ricketts |
| Children | 5 |
| Parent(s) | Joe Ricketts |
| Marlene Volkmer | |
| Relatives | Pete Ricketts (brother) |
| Todd Ricketts (brother) | |
| Laura Ricketts (sister) | |
| Awards | 2016 World Series champion |
Business And Net-Worth
Tom Ricketts is a multi-millionaire with a net worth of $900 million. He is most known for being the owner of the Chicago Cubs, a Major League Baseball franchise. Ricketts is also the chairman and CEO of Chicago investment bank Incapital LLC, as well as a director of TD Ameritrade Holding Corporation, which his father Joseph Ricketts established. In 2009, he won a deal to acquire the Cubs. He represented a group of family members who pooled their resources to make a winning bid of $850 million. The Cubs are now valued at $2.6 billion.
Incapital LLC’s Chairman, co-founder, and previous CEO is Ricketts. Ricketts worked at TD Ameritrade for a summer when he was younger, offering customers stock quotations over the phone. Before being requested to join as a director later in life, this was his sole professional experience with the organisation.
The Chelsea Bid
The Ricketts Family and Ken Griffin’s $3 billion Chelsea bid has been revealed.
The Ricketts Family and Ken Griffin were expected to present Raine Group with a proposal ‘far in excess of’ $3 billion for Chelsea Football Club.
The owners of the Chicago Cubs are looking to extend their athletic portfolio and might be declared the next owners of Chelsea.
The terms of the $3 billion proposal have been released, according to Ben Jacobs. The bid sounds excellent and the party completed due diligence in 2018 which might assist speed up the sale.
Tom Ricketts has confirmed he is coming to London to meet with the Chelsea Supporters' Trust and Chelsea Pitch Owners amid interest in taking over the Club.
[via @GregHands]
— Absolute Chelsea (@AbsoluteChelsea) March 21, 2022
Good god. Fuck Tom Ricketts.
If you complain for 2+ years about “biblical losses” associated with your Cubs properties, slash payroll, lay off employees, and then you put a $4B bid in to buy Chelsea, you’re a fraud. https://t.co/MJ7jFugMq5
— #HowDoYouKFC (@Miles_Johnson_) March 22, 2022
The Wider Picture
According to sources close to the proposal, the Ricketts family wants to maintain on-field while modernizing off-field.
The Ricketts Family is said to be at the ‘head of the queue’ to buy Chelsea, as they will team up with hedge fund billionaire Griffin to make a ‘blockbuster’ deal.
Because of their expertise renovating the Cubs’ stadium, the Ricketts Family is said to have the ‘most comprehensive bid’ of all interested stakeholders, as renovation of Stamford Bridge is necessary.
It’s unclear what the future holds for Chelsea, who are searching for a quick answer.