American businessman and writer Howard Schultz Net Worth

Howard Schultz
Howard Schultz

Howard Schultz is an American businessman as well as the writer who is the former CEO and chairman of Starbucks, the highly successful coffee company.

Starbucks

Howard Schultz became general manager for the US operations of Swedish drip coffee maker manufacturer, Hammarplast, in the year 1979. In 1981, Howard visited the Seattle-based coffee-bean shop called Starbucks Coffee Company which is a client of Hammerplast, curious to know why they ordered so many plastic cone filters and was impressed by their knowledge of coffee. He joined Starbucks as the Director of Marketing in the year 1982.

Howard Schultz, American businessman
Caption: Howard Schultz, American businessman
Photo: Instagram

On an official trip to Milan, Howard noticed that every street had coffee bars. On his return, Schultz persuaded the owners of Starbucks to launch a pilot cafe project of serving espresso beverages in addition to the whole bean coffee, leaf teas, and spices. Later, the project was successful but the Starbucks owners did not want to get into the restaurant business. However, Schultz left Starbucks in the year 1985 to start a business on his own. He needed $400k while Jerry Baldwin and Gordon Bowker offered to help. In the year 2000, Howard resigned as CEO of Starbucks. In the year 2012, Starbucks consisted of more than 17,600 stores in 39 countries around the world.

Books

Howards wrote Pour Your Heart Into It with Dori Jones Yang, and Onward: How Starbucks Fought for Its Life Without Losing Its Soul with Joanne Gordon. Further, his third book For Love of Country was published in the year 2014.

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Settle SuperSonics and the Settle Storms

Howard owned NBA’s Seattle SuperSonics from 2001 to 2006. Later, he sold the team to Clayton Bennett, chairman of the Professional Basketball Club LLC and the SuperSonics moved to Oklahoma City. In the year 2006, he was ranked No 359 on Forbes magazine’s Forbes 400 list, which presents the 400 richest individuals in the US. After seven years, he was ranked No 311 on the same list.

Awards & Achievements

In the year 1998, Howard received the Israel 50th Anniversary Tribute Award from the Jerusalem Fund of Aish Ha-Torah. Further, he was awarded the National Leadership Award for philanthropic and educational efforts to battle AIDS in the year 1999. After five years, Howard received theInternational Distinguished Entrepreneur Award from the University of Manitoba.

Howard Schultz’s Net Worth and Salary

Howard Schultz has an estimated net worth of around $4.5 billion as of 2019 which he earned through his career as a businessman and writer. He was the 232nd richest person in the United States with a net worth of $3.1 billion in the year 2016. As he is a hardworking guy, there is no doubt his net worth will surely rise higher in his upcoming days.

Net Worth in 2019 $4.5 billion
Net Worth in 2016 $3.1 billion
Annual Salary Under Review
Income Source Businessman, Writer
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In the year 2018, his salary at Starbucks was $1 and he received $30.1 million in total compensation from the company, including stock and options awarded. However, the exact amount of his current salary is still missing from the media. As of now, he surely lives a lavish lifestyle with his family but he is yet to share his other properties like houses, cars, etc to the media.

Who is Howard Schultz Wife?

Howard Schultz is a married man. He is married to an American Entrepreneur, Sheri Kersch Schultz in the year 1982 whom he met four years before their marriage. They together co-founded the Schultz Family Foundation in the year 1996 which supports two national initiatives, Onward Youth and Onward Veterans.

Howard Schultz with his wife, Sheri Kersch Schultz
Caption: Howard Schultz with his wife, Sheri Kersch Schultz
Photo: Instagram

The couple has given birth to two children a son and a daughter, Eliahu Jordan Schultz, and Addison Schultz. Their son, Eliahu is a sportswriter for the Huffington Post. As of now, the entire family is living a happy life in the United States.

What is the Age of Howard Schultz? Wiki, Parents, Siblings

Howard Schultz opened his eyes as Howard D. Schultz on 19th July 1953, in Brooklyn, New York, the United States of America. As of 2019, his age is 66 years old while his horoscope is Cancer. He is the son of Fred Schultz (father) and Elaine Schultz (mother).

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He grew up with his two siblings a sister and a brother, Ronnie Schultz, and Michael Schultz respectively in the Canarsie Bayview Houses of the New York City Housing Authority. Howard holds an American nationality and belongs to mixed ethnical background.

Education

Howard went to Canarsie High School, where he excelled at sports and was awarded an athletic scholarship to Northern Michigan University. Further, he was a member of Tau Kappa Epsilon and received his bachelor’s degree in Communications in the year 1975.

Howard Schultz’s Facts

  • Howard has an estimated net worth of around 4.5 billion as of 2019.
  • He tied the wedding knot to an American Entrepreneur, Sheri Kersch Schultz in the year 1982.
  • Howard stands at a height of 5 feet 9 inches tall.
  • While his body weight is around 72 kg.
  • Schultz has a grey-brown colored hair while his eyes are brown in color.
  • Howard is quite active on various sorts of social networking sites such as Facebook, Instagram, and Twitter.

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