Thomas S. Ricketts | |
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Born | |
Education | University of Chicago (BA, MBA) |
Occupation(s) | Chairman of the Chicago Cubs Chairman, Incapital LLC. |
Spouse | Cecelia Ricketts |
Children | 5 |
Parent | Joe Ricketts Marlene Volkmer |
Relatives | Pete Ricketts (brother) Todd Ricketts (brother) Laura Ricketts (sister) |
Awards | 2016 World Series champion |
Thomas Stuart Ricketts is the chairman of the Chicago Cubs,[1] and the Chairman, co-founder and former CEO of Incapital LLC,[2] a firm that provides securities firms and individual investors more efficient access to corporate bonds.[3] Together with his sister Laura and brothers Pete and Todd, the Ricketts siblings are the board of directors for the Cubs.[1] He is the son of TD Ameritrade Holding Corporation founder J. Joseph Ricketts.[4][5] Joe Ricketts has a net worth of US$2.3 billion as of 2018 according to Forbes.[6]
In January 2009, a Ricketts family bid led by Tom emerged as the winning bidder for the Chicago Cubs.[7] The bid was estimated to total around $900 million for the team and related assets.[8] In October 2009, the sale was approved unanimously by the owners of the other 29 Major League Baseball teams.[7] Ricketts was introduced as the chairman of the Cubs on October 31, 2009.[9] Tom Ricketts and his three siblings - Peter, Laura, and Todd share ownership of the team through their family trust.[7]