Dennis Tito

In 1972, he founded the Wilshire Associates, a leading provider of investment management, consulting and technology services in Santa Monica, California. Tito serves an international clientele representing assets of $71 billion.[5] Wilshire relies on the field of quantitative analytics, which uses mathematical tools to analyze market risks – a methodology Tito is credited with helping to develop by applying the same techniques he used to determine a spacecraft's path at JPL.[3] Despite a career change from aerospace engineering to investment management, Tito remained interested in space.[6]

In 2020, Tito sold his interest in Wilshire Associates.[7]

As of 2001 Dennis was divorced from his first wife Suzanne Tito, to whom he had been married since the 70s.[8][7] They had 3 children together.[9] She had been CFO of Wilshire Associates at the time they moved into their mansion in Pacific Palisades in 1990 with their 3 children, that they had been building since 1987.[10]

As of 2011 Dennis was married to Elizabeth Pavlova Tito, a Russian investor and Stanford alumna. They lived at Pacific Palisades in Los Angeles.[8]

From 2016 to 2019, Dennis was married to Elizabeth TenHouten.[11][9]

Since 2020, Dennis has been married to Akiko Tito, an engineer, pilot, investor, who has had interest in spaceflight since childhood.[12][13] She was born in Tokyo, has an economics degree and moved to New York in 1995, raising a child prior to her marriage to Dennis.[9]

Crew of Soyuz TM-32. (L-R: Tito, Talgat Musabayev, and Yuri Baturin)

In a project first arranged by MirCorp, Tito was accepted by the Russian Federal Space Agency as a candidate for a commercial spaceflight. Tito faced criticism from NASA before the launch, primarily from Daniel Goldin, at that time the Administrator of NASA, who considered it inappropriate for a tourist to take a ride into space.[6][14] MirCorp, Goldin and Tito are profiled in the documentary film Orphans of Apollo. When Tito arrived at the Johnson Space Center for additional training on the American portion of the ISS, Robert D. Cabana, NASA manager, sent Tito and his two fellow cosmonauts home, stating, "...We will not be able to begin training, because we are not willing to train with Dennis Tito."[15]

Later, through an arrangement with space tourism company Space Adventures, Ltd.,[16] Tito joined the Soyuz TM-32 mission which launched on April 28, 2001.[17] The spacecraft docked with the International Space Station. Tito and his fellow cosmonauts spent 7 days, 22 hours, 4 minutes in space and orbited the Earth 128 times.[16] Tito performed several scientific experiments in orbit that he said would be useful for his company and business. Tito paid a reported $20 million for his trip.[18]

Since returning from space, he has testified at the Senate Committee on Commerce, Science & Transportation, Subcommittee on Science, Technology, and Space and the House Committee on Science, Subcommittee on Space & Aeronautics Joint Hearing on "Commercial Human Spaceflight" on July 24, 2003.[19] Ten years after his flight, he gave an interview to BBC News about it.[20]

In February 2013, Tito announced his intention to send a privately financed spaceflight to Mars by 2018,[21] stating that the technology is already in place and that the issues that need to be overcome are only the requirements of the rigor of a 501-day trip on a psychological and physical level for the human crew.[22][23] However, in November 2013, Tito and other Mars Inspiration team members admitted that their plan was impossible without significant levels of assistance and funding from NASA.[24]

On 12 October 2022, SpaceX announced that Dennis and Akiko Tito will be on the crew of the second commercial spaceflight of Starship around the Moon.[25]