Howard Schultz Net Worth is$1.2 Billion
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Profession: Entrepreneur, Chief Executive Officer, Businessperson

Date of Birth: Jul 19, 1953

Nicknames: Howard D Schultz

Ethnicity: Jewish people

Country: United States of America

What is Howard Schultz's net worth? Howard Schultz's net worth is $1.2 billion dollars. Born in Brooklyn, New York, Howard Schultz grew up in a poor family. He proved to be an excellent athlete and subsequently received an athletic scholarship to Northern Michigan University. He graduated in the early 70s with a degree in Communications and began working for Xerox. He left Xerox to become a manager for a Swedish coffee manufacturer. While working there, he was introduced to a group of Seattle-based coffee makers that had started a company called Starbucks Coffee Company. He became their Director of Marketing. He suggested that they take their coffee company in the same direction as the coffee shops of Italy, but they were not interested in creating a "caf'e-like" culture. He started his own coffee shop, Il Giornale, and ultimately bought Starbucks from the original owners. He grew the company to the billion-dollar industry it is today. He is also the former owner of the Seattle Supersonics basketball team.
Howard Schultz (born July 19, 1953) is an American business magnate. He is best known as the chairman and CEO of Starbucks and a former owner of the Seattle SuperSonics. Schultz co-founded Maveron, an investment group, in 1998 with Dan Levitan.
In 2006, Forbes magazine ranked Schultz as the 354th richest person in the United States, with a net worth of $1.1 billion.
Howard Schultz was born to a German-Jewish family on July 19, 1953 in Brooklyn, New York, the son of ex-US Army trooper and then truck driver Fred Schultz, and his wife Elaine. With his younger sister, Ronnie, and brother, Michael, he grew up in the Canarsie Bayview Houses of the New York City Housing Authority. As Schultz's family was poor, he saw an escape in sports such as baseball, football, and basketball. He went to Canarsie High School, from which he graduated in 1971. In high school, Schultz excelled at sports and was awarded an athletic scholarship to Northern Michigan University - the first person in his family to go to college. A member of Tau Kappa Epsilon, Schultz received his bachelor's degree in Communications in 1975. He has two children, named Eliahu Jordan, who goes by Jordan, and Addison.
After graduating, he worked as a salesperson for Xerox Corporation. In 1979 he became a general manager for Swedish drip coffee maker manufacturer, Hammarplast. In 1981, Schultz visited a client of Hammarplast, a fledgling coffee-bean shop called Starbucks Coffee Company in Seattle which he joined as the Director of Marketing a year later. On a buying trip to Milan, Italy for Starbucks, Schultz noted that coffee bars existed on practically every street. He learned that they not only served excellent espresso, they also served as meeting places or public squares; they were a big part of Italy's societal glue, and there were 200,000 of them in the country.
On his return, he tried to persuade the owners (including Jerry Baldwin) to offer traditional espresso beverages in addition to the whole

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Howard Schultz Latest News

Adriana Cohen: Dems’ dream for 2020 could be a nightmare

But liberals shouldn’t lose all hope. The one potential Democratic candidate who could send Trump back to Mar-a-Lago is former Starbucks CEO Howard Schultz. His rags-to-riches story is truly inspiring. Not to mention Schultz has a track record of ...
Posted: September 21, 2017, 1:10 am

Job fair attracts thousands of youth in D.C. with opportunities to secure employment

In attendance for the job fair were former Attorney General Eric Holder and Starbucks CEO Howard Schultz. ABC7 News reporter Sam Ford has more on this story in the above video.
Posted: September 20, 2017, 6:29 pm

Who tried to steal Starbucks? Howard Schultz won’t tell.

We may never know the identity of the “titan” who tried to steal Howard Schultz’s dream. Like the subject of Carly Simon’s “You’re So Vain,” only a certain circle of people know the name of the Starbucks board member who tried to hijack ...
Posted: September 15, 2017, 2:41 pm

Starbucks exec Howard Schultz: 2020 presidential candidate?

When he bought the Seattle Sonics in 2001, the Starbucks maven wanted to create the model NBA franchise. But he soon found sports business to be quite different from coffee imperialism. First came his feud with star Gary Payton, whom he traded away despite ...
Posted: September 21, 2017, 2:17 pm

Volunteers Honor 9/11 Heroes with Service Projects at YMCA

A Scout honor guard lowered the flag to half-mast, and YMCA President/CEO Howard Schultz offered a thoughtful and motivational speech on the importance of community. Following the ceremony, the volunteers worked together to clear brush from a creek bed ...
Posted: September 19, 2017, 6:32 am
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