From buying sports teams to picking a hedge fund, here’s how the uber rich take outsourcing wealth to a new level Many über-rich people don''t outsource their wealth — they hire their own chief investment officers. These money managers fly under the radar, but their investment decisions range from buying sports teams to picking hedge funds. Insider''s Hayley Cuccinello got to know 10 CIOs who control the vast personal fortunes of some of the richest Americans . And there''s one more person I''d like you to get to know — our Banker of the Week! This post first appeared in 10 Things on Wall Street, a newsletter by Insider that brings you all the biggest stories dominating the finance industry — delivered daily to your inbox. Sign up here . Download Insider''s app here. 1. Some of the sharpest minds left Wall Street''s biggest banks to manage billionaires'' money. They leave the fame and notoriety for their big-name bosses, but their investment decisions help these ultra-wealthy families grow their fortunes . Take Jordan Stein, a 39-year-old former Citi banker. He is in charge of investing Marian Ilitch and her late husband Mike''s money, which swelled after they founded Little Caesars Pizza in 1959.