Dennis A. Tito is a founder, Chairman and CEO of Wilshire Associates Incorporated. A
native New Yorker, Mr. Tito earned his B.S. from New York University College of
Engineering in astronautics and aeronautics, and an M.S. in engineering science from
Rensselaer Polytechnic Institute. He later finished course requirements at the University
of California, Los Angeles' Anderson School for a Ph.D. in finance. Mr. Tito became the
world's first paying space traveler in 2001, when he flew with a Russian crew aboard a
Soyuz spacecraft to the International Space Station.
Mr. Tito, who started his career as a rocket scientist, worked for five years for the Jet
Propulsion Laboratory in the 1960s. There, he applied computing technologies to help
plot the trajectories for the Mariner spacecraft mission to Mars. After helping to found
Wilshire Associates in 1972, Mr. Tito created the index now known as the
Wilshire 5000 Total Market Indexsm, the broadest measure of the U.S. securities markets
and is credited with helping to develop the field of quantitative investment analysis, using
mathematical tools to calculate market risks.