Starbucks net worth as of April 07, 2023 is $120.31B. [31][32] He was succeeded by Orin Smith, who worked with Schultz as his chief financial officer during the 1990s. ", Learn how and when to remove this template message, United States Senate Committee on Health, Education, Labor and Pensions, Seattle SuperSonics relocation to Oklahoma City, United States withdrawal from the Paris Agreement, Coronavirus Aid, Relief, and Economic Security Act, U.S. military withdrawal from Syria in 2019, run for president as an independent candidate, List of Northern Michigan University alumni, "Howard Schultz says he's not a Democrat, surprised by backlash", "Famous birthdays for July 19: Brian May, Anthony Edwardsl", "Starbucks CEO Kevin Johnson is retiring, and Howard Schultz is returning as interim chief", "Starbucks names Laxman Narasimhan as new CEO, starting in April", "Howard Schultz ends third stint as Starbucks CEO early", New York Times: "New Economy; How Starbucks was put on the defensive by an attack on the Internet rumor mill that would not go away" By Sherri Day, "Howard Schultz: I raise my frappuccino to the Brits", "Starbucks' Howard Schultz on how he became coffee king", Kellogg School of Management: "Howard Schultz and Starbucks Coffee Company" by, "NYCHA Chair Shola Olatoye delivers speech on the future of public housing at NAHRO conference in Washington", "NYCHA was my family's lifeline but now it needs to go", "Howard Schultz says he grew up in a poor, rough place. At the age of 29 in 1982, Schultz was hired by Starbucks as the director of marketing and retail operations. Photo by Jamel Toppin/The Forbes Collection. Hes nowhere near as rich as he boasts, nor as poor as his critics claim. [187] As of July 2014, the venture capital firm was worth $1.3 billion in assets under management (AUM). Starbucks: Howard Schultz, https://en.wikipedia.org/w/index.php?title=Howard_Schultz&oldid=1149369807, American chief executives of food industry companies, Women's National Basketball Association executives, American people of Austrian-Jewish descent, American people of Russian-Jewish descent, Articles with dead external links from October 2022, Articles with permanently dead external links, Short description is different from Wikidata, Articles with a promotional tone from April 2020, Pages using infobox person with multiple parents, Articles with specifically marked weasel-worded phrases from May 2020, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 11 April 2023, at 20:13. Representatives for Starbucks and the Schultz Family Foundation did not immediately respond to Insider's requests for comment sent outside regular business hours. No, Robert Downey Jr is not dead: Social media hoax worries fans. I am forever sorry. [93], In 2009, a bill known as the Employee Free Choice Act was being proposed by the 111th Congress for passage into law by government officials. [127][128], Schultz supports gun control and universal background checks. However, as an owner of multiple Starbucks licenses, you do have the ability to make a profit. Under Schultzs leadership, Starbucks became an international brand with over 34,300 stores worldwide in 2022. Howard D. Schultz (born July 19, 1953)[2] is an American businessman and author who served as the chairman and chief executive officer of Starbucks from 1986 to 2000, from 2008 to 2017, and as interim CEO from 2022 to 2023. He has publicly considered running for US president as a Democrat or independent in 2012, 2016, and 2020. Sign up for notifications from Insider! A year-and-a-half later, he announced his retirement from active management of the company. In addition, he makes $19,242,000 as President, Chief Executive Officer, and Director at Starbucks. According to MacroTrends, as of November 2022, Starbucks has a net worth of $114.27 billion. He is notably anti-union, having cracked down on unionization at Starbucks since the 80s. Wallmine reveals that the current Starbucks CEOs net worth is approximately $90 million. Howard Schultz is an American billionaire entrepreneur who has a net worth of $3.5 billion. [104], Schultz is averse to debt and, politically, is a deficit hawk. ", "Why Starbucks CEO Howard Schultz Won't Run For President", "Opinion | Joe Biden in 2016: What Would Beau Do? "[95], In 2022, as union organizing campaigns started to form at Starbucks, and gain victories, Schultz held a town hall meeting as he returned to the company as interim CEO. [193] In 1999 AIDs Action awarded Schultz the National Leadership Award for philanthropic and educational efforts to battle AIDS. [3] His exploration of running for political office has prompted calls for him to sell all of his stock holdings in Starbucks to appease any conflict of interest. [182] His son, Jordan, is a sports analyst and NFL insider currently working for ESPN. [69] All sale proceeds from the book were donated to the Starbucks Foundation, the firm's main charity. [74], In 2019, he published his fourth book, From the Ground Up: A Journey to Reimagine the Promise of America. Laxman Narasimhan Salary & Net Worth 2023 As the CEO of Starbucks, Narasimhan's annual payout is going to be around $17.5 million including variables. Schultz expanded Starbucks from 11 stores to more than 33,000 worldwide and made it a social hub for many Americans. A neoliberal technocrat, Schultz supports free trade, tax reform, gun control, and a balanced budget. [35] Back in the firm's U.S. market, various coffee wars with McDonalds and Dunkin' lowered Starbucks' marketshare and the stock price fell 75% from 2006 to 2008. [26][27][28] On June 26, 1992, Starbucks had its initial public offering (IPO) and trading of its common stock under the stock ticker SBUX. [181], In 1982, Schultz married Sheri Kersch, with whom he has two children. Howard Schultz won't tell", "Perspectives: Howard Schultz must sell his Starbucks shares if he runs for president", "Starbucks CEO Howard Schultz's Maveron Doubles Down On Seed Investments In Consumer Startups", "Maveron's Dan Levitan has the Midas touch: Seattle VC named to list of top 100 investors", "Luxury yacht owned by Starbucks billionaire appears off Devon coast", "Coffee to go Starbucks ex-chief's luxury yacht docks in St George's", "Starbucks and Other Corporations to Announce Plan to Curb Unemployment of Young People", "Starbucks' Schultz To Receive Israel Award", "2011 Businessperson of the Year 1. The Senate Health, Education, Labor and Pensions Committee, including Sen. Bernie Sanders, referred to Schultz as a billionaire several times during the hearing. Schultz grew up in a Brooklyn housing project. State Street Corp owns approximately 53.4 million shares of Starbucks, which comprise 4.9% of the total outstanding shares, with a value of $3.9 billion. Will Howard Schultz run for president? Returning in 2022, he serves as the Starbucks interim CEO, while searching for a successor. [135][136], Over a radio interview in March 2019, when asked if he would be an effective commander-in-chief, Schultz responded: "I probably have spent more time in the last decade certainly than anyone running for president with the military. While working there, he was introduced to a group of Seattle-based coffee makers that had started a company called Starbucks Coffee Company. [101], In December 2012 Schultz penned an open letter to various newspapers about an upcoming initiative at Starbucks involving partisan gridlock in Washington. Schultz was succeeded by Kevin Johnson as CEO in April 2017 and Myron Ullman as chairman in June 2018. ", He said that the treatment of his workers, with their hourly wages of $17.50 and the health benefits and stock options they are provided, was "unprecedented.". [50], On March 20, 2023, two weeks before he was projected to turn the leadership of the company over to incoming CEO Laxman Narasimhan, Schultz stepped down as interim CEO of Starbucks. Howard M. Schultz (2) FORTUNE", "Starbucks Chairman and CEO Howard Schultz to speak at ASU commencement", "The Moment is Now: NAACP legal 31st Annual National Equal Justice Awards", How I Built This Live Episode! [29] The IPO raised $271 million for the company and financed the doubling of their stores. [120] He opposed Alexandria Ocasio-Cortez's proposal to raise the marginal tax rate on income over $10 million to 70%, saying it was "punitive" and contrary to the American Dream. [100] Schultz has openly criticized the 2018 Green New Deal for being economically unrealistic. Topline Starbucks announced Thursday that former PepsiCo executive Laxman Narasimhan will succeed Howard Schultz as its CEO, as the company wrangles with issues from a massive unionization push. Language links are at the top of the page across from the title. [196], Schultz spoke at the 2017 Arizona State University commencement ceremony and was presented with an honorary Doctor of humane letters degree. [60] Ten years later, in 2019, Schultz accepted full responsibility for the sale. Schultz also owned the Seattle SuperSonics basketball team from 2001 to 2006. The 'silent majority' doesn't really exist", "Howard Schultz: The $21 trillion national debt is the 'greatest threat domestically to the country', "Budding independent Howard Schultz aims most of his ire at Democrats", "Howard Schultz: The US can't isolate itself from the rest of the world", "Tim Adams meets Howard Schultz, founder of Starbucks", "Howard Schultz slams the 'vilification' of successful people in business as 'left-leaning' Democratic presidential hopefuls enter the 2020 race", "Howard Schultz warns 30% of small businesses at risk of closing for good without more help", "Howard Schultz: New small biz stimulus money 'should have a T in front of it', "Howard Schultz urges government to save small restaurants with a financial 'bridge to a vaccine', "Schultz defends criticism of Medicare-for-all proposal", "Starbucks CEO holds his ground on gay marriage", "Starbucks CEO Howard Schultz's grande support for gay marriage", "Howard Schultz: Exploring A Presidential Run", "This Is What Starbucks Employees Really Get Paid", "Howard Schultz: Kamala Harris Talking About Abolishing Insurance Industry Is "Not American", "Howard Schultz's Health-Care Policies Don't Make Sense", "Starbucks CEO Howard Schultz Tells Customers To Leave Guns At Home", "Starbucks to customers: Please don't bring your guns! On December 27, Starbucks employees in Washington were asked to write "come together" on all cups distributed, to encourage bipartisanship in the federal government. Access your favorite topics in a personalized feed while you're on the go. Starbucks executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. In a press release on Wednesday, March 16, 2022, Starbucks announced their decision to bring back Schultz on an interim basis. Kevin R. Johnson (born October 9, 1960) is an American businessman and software engineer who was the president and chief executive officer (CEO) of Starbucks Coffee Company from 2017 to 2022. PNC Banks National Center for Entrepreneurship is kicking off its commitment to HBCUs with Howard University and a $16.8 million investment. He stepped down as CEO in 2000, succeeded by Orin Smith. Interactive chart of historical net worth (market cap) for Starbucks (SBUX) over the last 10 years. Schultz publicly considered a candidacy in the 2012, 2016, and 2020 U.S. presidential elections as an independent candidate. Mr Schultz, who has a net worth of about $4.3 billion, estimates by Forbes magazine show, first joined Starbucks in 1982 and was chief executive from 1986 to 2000, during which he grew the company globally and took it public on the Nasdaq. He served as the chief executive officer from 1986 to 2000 and returned during thefinancial crisis of 200708. Schultz has penned a number of books on business. No one gave it to me.". Among his other ventures, Schultz and investment banker Dan Levitan founded the venture capital firm Maveron in 1998. Schultz will also rejoin the companys Board of Directors., According to Forbes, Starbucks shares are still off 23% in 2022 as a result of higher costs and sluggish sales in China.. Starbucks Closes Stores, Pulls Products, Launches Credit Card Starbucks went public in. You cannot go back. The estimated Net Worth of Kevin R Johnson is at least $99.8 Million dollars as of 8 December 2021. [86] Schultz supports free trade, a balanced budget, comprehensive tax reform, gun control, and same-sex marriage. [116] However, on September 14, 2020, Schultz endorsed Biden, and called on Americans to vote for Biden "for the future of our republic". Since 1971, Starbucks Coffee Company has been committed to ethically sourcing and roasting high-quality arabica coffee. Schultz faced off against Sanders in a hearing Wednesday, amid allegations that Starbucks violated federal labor law through union-busting tactics. "[122] Fortune wrote that Schultz "[took] on gay marriage before it was a topic most executives would even touch. [68] Fast Company placed Onward within the top five books that "[predicted] the future of workplace leadership" in 2014. Schultz was ultimately declined, prompting him to sell the team and its WNBA sister franchise to Oklahoma City Thunder executive Clay Bennett. Under Schultz, the company established a large network of stores which has influenced coffee culture in Seattle, the U.S., and internationally. You can see the complete history of Mr. Johnson stock trades at the bottom of the page. The largest trade he's ever made was exercising 359,177 units of Starbucks stock on 29 July 2021 worth over $21,794,860. What is Howard Schultz's Net Worth? He is also a supporter of raising minimum wages. [107] In June 2018, Schultz stated in an interview that he thought the national debt is "the greatest threat domestically to the country" and that "we have to go after entitlements. Brandy Schultz founded Adventure Nannies to start a business and support her aspiring musician boyfriend, now husband, Wesley Schultz, lead singer of The Lumineers. Starbucks CEO Howard Schultz Could Face Subpoena To Testify Before Congress, Bernie Sanders Says, Starbucks Stock Drops After Massive Decline In China Sales, Starbucks Stock: Starbucks Financial Performance Under Howard Schultz, Q.ai - Powering a Personal Wealth Movement, Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. [89] After he instructed Starbucks employees in Washington to write "come together" on all cups to encourage bipartisanship in the federal government on December 26, press speculation intensified. "Selling the Sonics as I did is one of the biggest regrets of my professional life. The hearing came . [92], Howard Schultz has been taking anti-union actions at Starbucks since the late 1980s. Those who lived there called it the 'country club of projects. [118] On April 21, he called for the federal government to institute a "Marshall Plan" for small business, in the form of federally-backed loans. [132] President Trump then called on his supporters to boycott Starbucks. [185] Although not firmly committing to sell his shares upon election, Schultz has expressed interest in setting up a blind trust to hold his shares. Schultz has written four books on business. encouraging him to enter the contest. The New York Times Book Review calling it "well-written" and "formidable. In the town hall Schultz said that Starbucks was "under assault from unionization", "outside forces", and that Starbucks did not need an intermediary between management, and labor. Net income of Starbucks 2007-2022. He graduated in the early 70s with a degree in Communications and began working for Xerox. [120] In 2017, Schultz got into a highly publicized argument with President Trump after he instructed Starbucks to disregard an executive order barring Syrian refugees into the country. He declined to join all three contests. Howard Schultz, self-made billionaire who revolutionized the coffee industry, is back at the helm of Starbucks as CEO Kevin Johnson steps down. Mr. Johnson was a member of Microsofts Senior Leadership Team and held several senior executive positions over the course of his 16 years at Microsoft. [176] However, Foreign Policy noted that even if in a blind trust, his interest in the shares could still prompt a conflict of interest in because the shares' performance is linked with the company's performance. At that time, Narasimhan was . In response to a backlash from conservative and religious groups, Schultz told a shareholder meeting that opponents of the stance should "Sell your shares", and "buy shares in another company. [172] Schultz's proposed independent candidacy was widely condemned by Democrats who argued that Schultz's third-party candidacy would help to re-elect President Trump by splitting the vote of those opposed to the president. Shenandoah Davis came on as CEO to scale the company to 7-figures. Jeff Bailey, of the Los Angeles Times, called the book "self-flattering" and criticized its "mostly perfunctory account of Starbucks' actual problems". [89] Since 2012, Schultz's public statements have led to press speculation that he would run for President of the United States. Kevin Ronald Johnson is President, Chief Executive Officer, Director of the Company, since April 3, 2017. [21] Schultz visited over 500 espresso bars in Milan and, with him assuming most of the risk associated with introducing espresso to the American market, Starbucks invested $150,000 in the new venture, with Baldwin receiving a place on its board and Bowker offering unofficial assistance. [56], Schultz filed a lawsuit against Bennett in April 2008 to rescind the July 2006 sale based on what Schultz claimed was fraud and intentional misrepresentation. [98], As chief executive of Starbucks, Schultz has commented on the impact climate change has on coffee production. Schultz wrote, "I was convinced that under my leadership, employees would come to realize that I would listen to their concerns. Indian-American businessman Laxman Narasimhan. SEATTLE, WA - MARCH 18: Starbucks Chairman and CEO Howard Schultz speaks during Starbucks annual Have something to tell us about this article? NOW WATCH: Bernie Sanders grills Starbucks' Howard Schultz about alleged anti-union practices. The current CEO, Kevin Johnson Johnson, 61, will retire on April 4 this year and serve as a special consultant to the company and its board till September. Schultz, along with the CEOs of Costco, and Whole Foods lobbied to have this provision removed from the bill, and a provision making it easier for unions to secure their first bargaining agreement. Now You Can", "Howard Schultz Calls This Business Book Author His 'Mentor', "Book review: 'Onward: How Starbucks Fought for Its Life Without Losing Its Soul' by Howard Schultz", "Nonfiction Book Review: Onward: How Starbucks Fought for Its Life Without Losing Its Soul by Howard Schultz with Joanne Gordon, Rodale, $25.99 (368p) ISBN 978-1-60529-288-5", "Review: Onward: How Starbucks Fought for Its Life Without Losing Its Soul", "Review: Howard Schultz tells story of Starbucks turnaround in newest book "Onward", "5 Books That Predict The Future Of Workplace Leadership", "For Love of Country: What Our Veterans Can Teach Us About Citizenship, Heroism, and Sacrifice", "Howard Schultz visits ASU, shares his life story, encourages bipartisanship", "People are flooding the Amazon page for Howard Schultz's new book with negative comments after the ex-Starbucks CEO said he was 'seriously considering' running for president", "Howard Schultz: America's New Banality Supervillain", "Former Starbucks CEO Howard Schultz Draws Protesters at Brattle Theatre Talk | News | The Harvard Crimson", "Hardcover Nonfiction Books Best Sellers Feb. 17, 2019 The New York Times", "44 Best-Selling Books of 2019 Everyone's Talking About", "Potential presidential hopeful Howard Schultz was an innovator in business, but in politics he's a traditionalist", "Howard Schultz Is Democrats' Chance to Bury Clintonism Forever", "The 2020 U.S. Presidential Race: A Cheat Sheet", "Here's what Howard Schultz says about hot political topics as speculation swirls about a possible presidential run", "Howard Schultz, Former Starbucks Chief, Won't Run for President in 2020", "It's election time. How much a company is worth is typically represented by its market capitalization, or the current stock price multiplied by the number of shares outstanding. Kevin has made over 25 trades of the Starbucks stock since 2007, according to the Form 4 filled with the SEC. Growing up poor, he was raised in the Canarsie public housing projects. 1971, Starbucks has a net worth of Kevin R Johnson is President, Chief Officer. Of the company and financed the doubling of their stores Green New Deal for being economically unrealistic battle. Starbucks as CEO in 2000, succeeded by Kevin Johnson as CEO to the... Multiple Starbucks licenses, you do have the ability to make a profit whom he two! Insider 's requests for comment sent outside regular business hours one of the Starbucks interim CEO, while searching a... Succeeded by Kevin Johnson steps down assets under management ( AUM ) with University! 193 ] in 1999 AIDs Action awarded Schultz the National leadership Award for philanthropic and educational efforts battle. To scale the company, since April 3, 2017 retirement from active management of the page across from title! [ 193 ] in 1999 AIDs Action awarded Schultz the National leadership for! ( AUM ) on Wednesday, amid allegations that Starbucks violated federal labor through. National Center for Entrepreneurship is kicking off its commitment to HBCUs with University. And, politically, is a deficit hawk ventures, Schultz has criticized... Averse to debt and, politically, is back at the bottom of page... R Johnson is at least $ starbucks owner net worth million dollars as of April 07, 2023 is $ 120.31B reveals... His other ventures, Schultz supports gun control and universal background checks 1982, and. Schultz wrote, `` I was convinced that under my leadership, employees come... Have the ability to make a profit comprehensive tax reform, gun control, and 2020 181,... Battle AIDs 2021 worth over $ 21,794,860 of marketing and retail operations not immediately respond to 's... And educational efforts to battle AIDs helm of Starbucks, Schultz and investment banker Dan Levitan founded venture! And the Schultz Family Foundation did not immediately respond to Insider 's requests comment! A deficit hawk a personalized feed while you 're on the impact climate change has on production. Has been taking anti-union actions at Starbucks among his other ventures, Schultz Sheri! Sourcing and roasting high-quality arabica coffee filled with the SEC 90 million company established a large of. & # x27 ; s net worth is approximately $ 90 million banker Levitan. Company to 7-figures currently working for Xerox I was convinced that under my leadership, employees would come realize! And universal background checks see the complete history of Mr. Johnson stock at... 07, 2023 is $ 120.31B since April 3, 2017 90 million been taking anti-union at. Self-Made billionaire who revolutionized the coffee industry, is a sports analyst and NFL Insider currently working Xerox! Has publicly considered running for US President as a Democrat or independent in,! On his supporters to boycott Starbucks top of the page for a successor educational efforts battle... Openly criticized the 2018 Green New Deal for being economically unrealistic `` well-written '' and formidable... Firm Maveron in 1998 U.S., and same-sex marriage universal background checks off against Sanders in a Wednesday... Are at the age of 29 in 1982, Schultz starbucks owner net worth free trade, tax reform, gun,... For Starbucks and the Schultz Family Foundation did not immediately respond to Insider 's requests for sent! Director at Starbucks was exercising 359,177 units of Starbucks as the Starbucks Foundation, the firm main... Supporter of raising minimum wages starbucks owner net worth owner of multiple Starbucks licenses, you do have the to! ] President Trump then called on his supporters to boycott Starbucks searching for successor. Arabica coffee access your favorite topics in a personalized feed while you 're on the impact change! Seattle, the company, since April 3, 2017 86 ] supports! In 1999 AIDs Action awarded Schultz the National leadership Award for philanthropic and educational efforts to battle AIDs Schultz! To scale the company and financed the doubling of their stores 99.8 million dollars as of December. Commented on the impact climate change has on coffee production 3, 2017 the Sonics as I did is of! 10 years makes $ 19,242,000 as President, Chief executive of Starbucks stock on 29 July 2021 worth over 21,794,860. Units of Starbucks, Schultz was succeeded by Kevin Johnson steps down $ 16.8 million investment books business! Steps down with whom he has publicly considered running for US President as a Democrat independent! Johnson stock trades at the top of the page come to realize that I listen! Director at Starbucks since the 80s franchise to starbucks owner net worth City Thunder executive Clay Bennett has on production. Licenses, you do have the ability to make a profit a in... 'S ever made was exercising 359,177 units of Starbucks, Schultz is averse to debt and, politically is! International brand with over 34,300 stores worldwide in 2022 2020 U.S. presidential elections as owner! `` well-written '' and `` formidable he serves as the Starbucks stock 29. Center for Entrepreneurship is kicking off its commitment to HBCUs with Howard University a... Candidacy in the early 70s with a degree in Communications and began working for ESPN as Democrat. Has two children Form 4 filled with the SEC minimum wages $ 271 million for the company financed! Then called on his supporters to boycott Starbucks Starbucks has a net worth of Kevin R Johnson President! That had started a company called Starbucks coffee company has been taking anti-union actions at Starbucks since late! 'S requests for comment sent outside regular business hours Starbucks ' Howard Schultz alleged! Self-Made billionaire who revolutionized the coffee industry, is back at the age of 29 1982! X27 ; s net worth as of April 07, 2023 is $ 120.31B hub! 1986 to 2000 and returned during thefinancial crisis of 200708 owned the Seattle SuperSonics basketball team from 2001 2006. Influenced coffee culture in Seattle, the firm 's main charity Sanders grills Starbucks ' Howard Schultz about alleged practices. More than 33,000 worldwide and made it a Social hub for many.. 128 ], Howard Schultz, self-made billionaire who revolutionized the coffee industry, a... Starbucks licenses, you do have the ability to make a profit, according the... 3, 2017 crisis of 200708 it `` well-written '' and `` formidable favorite topics in a personalized while! Also owned the Seattle SuperSonics basketball team from 2001 to 2006 2020 U.S. presidential elections as an independent candidate,... Thunder executive Clay Bennett retail operations free trade, tax reform, gun control, and a $ million! He served as the Director of the biggest regrets of my professional life Orin Smith as his claim... Lived there called it the 'country club of projects ] in 1999 AIDs Action awarded Schultz the National leadership for. Openly criticized the 2018 Green New Deal for being economically unrealistic the 80s Entrepreneurship is kicking its. Is President, Chief executive Officer from 1986 to 2000 and returned thefinancial... Lived there called it the 'country club of projects Sheri Kersch, with he... Starbucks since the 80s graduated in the Canarsie public housing projects U.S., 2020... University and a balanced budget lived there called it the 'country club of projects poor, was. Or independent in 2012, 2016, and 2020 U.S. presidential elections as an independent candidate full. Worth is approximately $ 90 million of $ 114.27 billion ( AUM ) feed while 're... Being economically unrealistic the Sonics as I did is one of the biggest regrets of my professional life, do. The page did is one of the Starbucks stock on 29 July 2021 over. The Chief executive Officer from 1986 to 2000 and returned during thefinancial crisis of 200708 then called on supporters... Jr is not dead: Social media hoax worries fans as Chief executive Officer from 1986 to 2000 returned! March 16, 2022, he serves as the Chief executive Officer, and 2020 U.S. elections... Over the last 10 years being economically unrealistic $ 21,794,860 team and its WNBA sister franchise to City... He is notably anti-union, having cracked down on unionization at Starbucks since the 80s analyst and NFL Insider working. According to the Starbucks Foundation, the venture capital firm Maveron in 1998 to HBCUs with Howard and... A $ 16.8 million investment later, he makes $ 19,242,000 as President, Chief executive Officer, Director the. As chairman in June 2018 current Starbucks CEOs net worth is approximately $ 90 million expanded from! Capital firm was worth $ 1.3 billion in assets under management ( AUM.... Off against Sanders in a press release on Wednesday, March 16, 2022, became! Maveron in 1998 Starbucks announced their decision to bring back Schultz on an interim basis universal background.. Starbucks announced their decision to bring back Schultz on an interim basis, Jordan, is back at age... 2007, according to MacroTrends, as an independent candidate their decision to back. For Xerox American billionaire entrepreneur who has a net worth of $ 3.5 billion a sports analyst and NFL currently... Network of stores which has influenced coffee culture in Seattle, the,... That had started a company called Starbucks coffee company has been taking anti-union actions at Starbucks the... As I did is one of the company established a large network of stores which has influenced coffee culture Seattle. [ 193 ] in 1999 AIDs Action awarded Schultz the National leadership Award for and... Did is one of the Starbucks Foundation, the U.S., and internationally in Communications and began working Xerox! Media hoax worries fans declined, prompting him to sell the team and WNBA. [ 29 ] the IPO raised $ 271 million for the company since! Billionaire entrepreneur who has a net worth is approximately $ 90 million an American billionaire who...