Let’s talk about Justin Ishbia and his wife, Kristen Ishbia. They’re not just making headlines in the business world; they’re also reshaping the landscape of their hometown of Chicago. This couple has been calling Chicago home for years, but now, they’re setting their sights on a new project in Winnetka, Illinois, one that’s turning heads—and wallets.
A Love Story with a Billion-Dollar Twist
Kristen Ishbia, a woman who prefers to keep her personal life under wraps, stepped into the limelight when she started dating Justin Ishbia, a billionaire businessman and NBA owner worth $2.1 billion. But this isn’t just about money. It’s about family, community, and building something truly remarkable.
Building the Dream Estate in Winnetka
Justin Ishbia, a man who knows how to dream big, is constructing a stunning lakefront estate with Kristen on Sheridan Road in Winnetka, Illinois. This isn’t your average home project. This estate is expected to break records, becoming the most expensive home in Illinois history, surpassing even Citadel founder Ken Griffin’s luxurious pad. The Ishbias aren’t just building a house; they’re crafting a legacy.
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Community Approval: A Heartfelt Appeal
In December 2022, Kristen Ishbia addressed the Winnetka Village Trustees with heartfelt words. Her emotional plea resonated with the board, leading to a unanimous 6-0 vote in favor of consolidating three of the family’s four lakefront properties on Sheridan Road. Kristen’s passion for family and community was evident in every word she spoke.
Family Ties That Bind
Family means everything to Michigan State University alumni Kristen and Justin Ishbia—and that extends to their MSU family. Kristen, who graduated from the College of Education with a degree in kinesiology in 2008, and Justin, who earned his bachelor’s degree from the Eli Broad College of Business in 2000, have always carried the “Spartan for Life” mantra close to their hearts.
Kristen, a wife and a proud Spartan, has become a familiar face in Winnetka, though not without some controversy. Her heartfelt reasons for wanting to consolidate four properties along the lakefront have won over many skeptics. She plays a vital role in the couple’s community work, contributing significantly to various charitable causes.
A Philanthropic Power Couple
Justin Ishbia’s wife, Kristen, stands by his side, supporting his business ventures and philanthropic endeavors. Their partnership extends beyond the personal; it’s a collaboration that benefits the community. “Spartan Athletics is deeply appreciative of this transformational gift from Justin and Kristen Ishbia,” said Michigan State Vice President and Director of Athletics Alan Haller.
Between July 2020 and July 2022, Justin and Kristen Ishbia purchased four lakefront properties in Winnetka, investing $39.9 million in their dream estate. The property at 261 Sheridan was part of a planned land swap with the Winnetka Park District, showcasing their commitment to both family and community.
Baseball and Beyond: A Love Story
For Justin Ishbia, baseball is more than a game; it’s a bond. “Baseball is my first love. My dad and I have bonded over baseball,” he said. But his love extends far beyond the diamond. As a part majority owner of the Phoenix Suns and Phoenix Mercury, Justin continues to make waves in the sports world.
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The Ishbias’ generosity knows no bounds. In a recent announcement, they donated $10 million to Michigan State University’s athletic department. This gift, which includes $8.5 million for the men’s basketball program and other initiatives, is a testament to their dedication to their alma mater.
A Legacy of Giving Back
The Ishbias’ commitment to Michigan State University is unwavering. They continue to live by the “Spartan for Life” mantra, inspiring others to give back. Now, another Ishbia is stepping up to support the university’s athletic department. The university announced that Kristen and Justin Ishbia, along with Mat Ishbia (Justin’s brother), have gifted $10 million to Michigan State Athletics.
Demolition has already begun on three of the homes purchased for $34 million. The Ishbias plan to spend another $44 million building their dream lakefront estate in Winnetka. This isn’t just about creating a home; it’s about creating a space that reflects their values, their love for family, and their passion for community.
From Lincoln Park to Winnetka: A New Chapter
Justin and Kristen Ishbia, both proud alumni of Michigan State University, are writing a new chapter in their lives. They’ve made their mark in Lincoln Park, but now, they’re setting their sights on Winnetka. With their generous contributions to MSU and their ambitious real estate projects, the Ishbias are proving that success isn’t just about wealth—it’s about making a difference.
As they continue to build their dream estate, the Ishbias remain committed to giving back to the community that has supported them. Their story is one of love, family, and dedication—and it’s only just beginning.
