Prior to his involvement with the Cubs, Ricketts worked in the financial industry, serving as a partner at the investment banking firm Incapital LLC. He also co-founded the online brokerage firm Ameritrade, which eventually merged with TD Waterhouse to become TD Ameritrade.
Ricketts' success in the financial industry allowed him to pursue his passion for sports ownership. In 2009, he led a group of investors in the purchase of the Chicago Cubs for $845 million. Under his leadership, the Cubs underwent a major overhaul, both on and off the field. Ricketts invested heavily in the team's facilities, including the renovation of Wrigley Field, the team's iconic home stadium.
On the field, Ricketts' leadership helped the Cubs achieve unprecedented success. In 2016, the team won its first World Series championship in over a century, breaking a 108-year drought. Ricketts was widely praised for his role in the team's success, and he remains a beloved figure among Cubs fans.
In addition to his work with the Cubs, Ricketts has been involved in a number of other business ventures. He is the founder of the Ending Spending Action Fund, a political action committee that advocates for fiscal responsibility in government. He has also been involved in real estate development, including the construction of a hotel in Chicago's Wrigleyville neighborhood.
Throughout his career, Ricketts has been known for his entrepreneurial spirit and his ability to turn around struggling businesses. He has been recognized for his leadership and his commitment to his community, and he remains a respected figure in both the business and sports worlds.
Overall, Thomas S. Ricketts has had a successful and varied career, spanning both the financial and sports industries. His leadership and entrepreneurial spirit have helped him achieve great success, and he remains a prominent figure in the world of business and beyond.
👔