Thomas S. Ricketts

Thomas Stuart Ricketts (born May 23, 1966) is the Chairman of the Chicago Cubs, and the Chairman, co-founder and former CEO of Incapital LLC, a firm that provides securities firms and individual investors more efficient access to corporate bonds. Together with his sister Laura and brothers Pete and Todd, the Ricketts siblings serve as the board of directors for the Cubs. He is the son of TD Ameritrade Holding Corporation founder J. Joseph Ricketts. Joe Ricketts has a net worth of US$2.3 billion as of 2018 according to Forbes. In January 2009, a Ricketts family bid led by Tom emerged as the winning bidder for the Chicago Cubs. The bid was estimated to total around $900 million for the team and related assets. In October 2009, the sale was approved unanimously by the owners of the other 29 Major League Baseball teams. Ricketts was introduced as the chairman of the Cubs on October 31, 2009. Tom Ricketts and his three siblings - Peter, Laura, and Todd share ownership of the team through their family trust. Early life Born in Omaha, Nebraska, Thomas Stuart Ricketts is the son of Marlene Margaret (Volkmer) and Joe Ricketts, who founded Ameritrade when Tom was eight years old. Joe Ricketts let it be known that he wanted his children to establish themselves through their own hard work and would not be allowed to join TD Ameritrade until they reached the age of 30. Ricketts is one of four children. His brother Pete Ricketts, who lives in Omaha, was the Governor of Nebraska from 2015 to 2023 and is currently the junior U.S. Senator for Nebraska. His younger sister, Laura Ricketts, is a former corporate lawyer. His brother, Todd Ricketts served as a board member of T.D. Ameritrade from 2011 to 2020 and currently serves on the board of Charles Schwab, is a former finance chair of the Republican National Committee and entrepreneur.