The Multi-Million Dollar Portfolio: What Ashley Manning Really Does For A Living In 2025

The question "What does Ashley Manning do for a living?" often surprises people, as the answer reveals a powerful, multi-faceted career that goes far beyond her well-known role as the wife of NFL legend Peyton Manning. As of early 2025, Ashley Thompson Manning is a highly successful real estate developer, a prominent entrepreneur with a stake in professional sports, and a dedicated philanthropist who co-runs one of the most impactful athlete-led foundations in the United States.

Her professional life is defined by strategic investments and a deep commitment to her hometown of Memphis, Tennessee, and the communities she and her husband have impacted. From high-stakes property deals to NBA ownership, Manning has carved out an impressive and independent business identity, making her a true mogul in her own right. This deep dive uncovers the layers of her career, from her educational background to her most significant business ventures.

Ashley Manning Biography and Professional Profile

Ashley Manning’s career is built on a strong foundation of finance and marketing, cultivated long before her marriage to the Hall of Fame quarterback. Her background in the demanding world of real estate and investment banking has provided her with the acumen necessary to manage a diverse and expansive business portfolio.

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• Full Name: Louisa Ashley Thompson Manning
• Date of Birth: December 2, 1974
• Age (as of 2025): 50
• Birthplace: Memphis, Tennessee, U.S.
• Parents: Bill Thompson (Investment Banker and Real Estate Entrepreneur)
• Education: University of Virginia (UVA)
• Degree: Bachelor of Arts in Marketing and Finance (Graduated 1997)
• Primary Professions: Real Estate Developer, Entrepreneur, Philanthropist
• Husband: Peyton Manning (Married 2001)
• Children: Marshall Williams Manning and Mosley Thompson Manning (Twins)
• Major Ventures: Minority Owner of the Memphis Grizzlies (NBA), Co-Founder of the PeyBack Foundation

The Real Estate Mogul: Ashley Manning’s Core Business

Ashley Manning's primary and longest-running professional endeavor is in the real estate sector. Unlike a celebrity spouse who simply invests, Ashley is a hands-on real estate developer and agency owner. This career path was inspired and influenced by her father, Bill Thompson, a successful investment banker and real estate entrepreneur in Memphis.

A Strategic Focus on Development and Agencies

Manning initially focused on the business side of property, leveraging her degree in Marketing and Finance from the University of Virginia. Her work involves identifying, developing, and managing various residential and commercial properties. While specific details of her private real estate portfolio remain confidential, her reputation in the industry is that of a strategic and successful developer. She is known for her work in the Tennessee area, particularly in her hometown of Memphis, where she maintains strong business ties.

From Finance to Property Development

The transition from a theoretical background in finance and marketing to the practical, high-stakes world of property development requires a unique blend of risk assessment and market knowledge. Ashley Manning has demonstrated this skill set by successfully navigating the complex development landscape, which involves everything from securing financing and managing construction to final sales and long-term property management. This entrepreneurial spirit is the true engine of her independent financial success.

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NBA Ownership: A Stake in Professional Sports

Perhaps the most significant and public-facing aspect of Ashley Manning's business career is her role as a minority owner of the Memphis Grizzlies, a professional NBA basketball team. This venture, which began in 2012, solidified her status as a major businesswoman and entrepreneur in the world of professional sports.

The Memphis Grizzlies Investment

In 2012, Ashley Manning joined a high-profile ownership group led by Robert J. Pera, which successfully purchased the Grizzlies. This move was deeply personal and professional for her, as the team is based in her native Memphis, Tennessee. She publicly expressed her excitement about the opportunity to be involved with her hometown team. This investment is a clear indication that her professional interests extend far beyond the shadow of her husband's legendary football career, placing her directly in the elite circle of NBA ownership.

Her position as a minority owner involves strategic input and a financial stake in the team's operations, performance, and long-term value. This is a crucial entity in her portfolio, demonstrating her commitment to high-level, diversified investments outside of traditional real estate.

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Philanthropy and The PeyBack Foundation

A substantial part of Ashley Manning's life and work is dedicated to philanthropy, primarily through the PeyBack Foundation, which she co-founded with Peyton Manning in 1999. The foundation is a massive undertaking, focused on helping disadvantaged youth in four key states: Tennessee, Indiana, Louisiana, and Colorado, all places where Peyton played or has strong ties.

Commitment to Youth Development

The foundation’s mission is to promote the future success of young people by providing leadership and growth opportunities. Their work encompasses a wide range of initiatives, including:

• Providing grants and financial support to various youth-focused organizations.
• Hosting annual events to raise funds and awareness.
• Directly supporting educational programs and scholarships.
• Partnering with facilities like the Peyton Manning Children's Hospital at St. Vincent to improve healthcare access.

Recent filings for the PeyBack Foundation, updated as recently as November 2024, confirm its ongoing, significant activity in the grantmaking and philanthropy sector. Ashley Manning plays a crucial, hands-on role in the foundation's strategic direction and day-to-day operations, ensuring its continued impact across multiple states.

Addressing the Search Ambiguity: Other Prominent Ashley Mannings

The name "Ashley Manning" is associated with several other highly successful professionals, which can lead to confusion in search results. For a comprehensive answer to the search intent, it is important to note these other high-profile careers:

• The Cybersecurity Leader: Another Ashley Manning, as recently as 2024, assumed a significant leadership role in a newly established civilian-facing cyber policy office within the Department of Defense (DOD). This individual is a key figure in national cybersecurity strategy.
• The Corporate Executive: A different Ashley Manning is listed as the Chief Operating Officer (COO) at The Hemp Mine, LLC, demonstrating a high-level executive career in the corporate sector.

While these are distinct individuals, the most famous and widely recognized "Ashley Manning" is the real estate developer, NBA owner, and philanthropist, Ashley Thompson Manning, whose career is a testament to independent success and strategic entrepreneurship.

In conclusion, the answer to "What does Ashley Manning do for a living?" is that she is a powerful, self-made businesswoman who manages a multi-million dollar portfolio. Her professional life is a careful balance of high-stakes real estate development, strategic sports ownership with the Memphis Grizzlies, and dedicated, large-scale philanthropy through the PeyBack Foundation. Her work as an entrepreneur and real estate developer, combined with her commitment to the community, establishes her as a significant figure in both the business and philanthropic worlds in 2025.