Howard Schultz

Net worth over time

Biography

• Howard Schultz took charge of Starbucks in the 1980s and turned a regional coffee company into one of the world's top brands.
• Schultz expanded Starbucks from 11 stores to more than 35,000 worldwide and made it a social hub for many Americans.
• He served three stints as CEO, most recently stepping down in early 2023.
• Schultz explored a 2020 presidential bid, but said in September 2019 that he would not run because it would risk the re-election of Donald Trump.
• His Schultz Family Foundation invests in training and hiring veterans and youths, helping veterans ensure a smooth transition back into civilian life.
• Through his VC firm Maveron Capital, Schultz invests in other consumer businesses such as Groupon, Madison Reed, Allbirds and Lucy.
• Schultz grew up in a Brooklyn housing project. When he was 7, his dad, a cloth diaper delivery driver, fell on the job; he had no insurance or salary.
• The first person in his family to graduate from college, Schultz attended Northern Michigan University on a football scholarship.

Financial assets