College basketball player turned billionaire Mat Ishbia shares his guide to success

Ishbia said being a college basketball benchwarmer helped him get where he is today.
2:16 | 04/16/21

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Transcript for College basketball player turned billionaire Mat Ishbia shares his guide to success
We are back with a college basketball bench warmer who turned into a billionaire. The leadership lessons he learned from his coaches helped make him happen. Will reeve has the story. Good morning, will. Reporter: Good morning, George. Sports is the great teacher. All the values we hold in society are right there on the feel of play. Mat ishbia learned the importance of teamwork on the basketball court and he has applied those to business and been wildly successful and now he's giving back. When mat ishbia first walked on the court for the Michigan state basketball team, he was not a star. I'd be the hardest working player and be the worst. Reporter: Two decades later the next time he steps on the floor he will have paid for it. Was able to give $32 million to Michigan state and really make an impact on all student athletes, basketball, football, because they got me here. Reporter: Ishbia, a literal walk-on who had to try out to make the Spartans winning a national champion and worked his way up to CEO of united mortgage. Amassing an estimated $9 billion personal fortune. What do basketball and mortgages have to do with each other? Funny thing is everything. I would tell you everything because it's not about basketball or mortgages or paint, it's about leadership and teamwork and people. Do you think you would be where you are now if not for the experiences you had at Michigan state basketball? Absolutely not. No, Michigan state basketball put me in this position when you do something great and you're age to be in a great position you got to thank the people that helped get you there. Reporter: That $32 million donation the largest individual contribution in the university's history. Ishbia insisted the court site of so many lessons learned he applies to business career be named after Tom Izzo. It's the Tom Izzo court. He earned it. It's not about me. It's about him. That's what I wanted to honor him with. Reporter: Ishbia has hired several of his teammates from the Michigan state days including the superstar from that team, Mateen cleaves. He said he now calls the shots in the boardrhyme like Mateen took the shots out on the court but have always seen each other as equals, another lesson learned out on the basketball court.

This transcript has been automatically generated and may not be 100% accurate.

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