Howard Schultz Biography– Howard D. Schultz (born July 19, 1952) is the current CEO of the Starbucks Coffee Company and an American businessman and author.
From 1986 until 2000, he was both chairman and CEO of Starbucks, and then again from 2008 to 2017. From 2001 to 2006, Schultz was the owner of the Seattle SuperSonics basketball franchise.
In 1982, Schultz started working at the Starbucks coffee shop. Subsequently, he departed to create Il Giornale, a specialty coffee store that later merged with Starbucks in the late 1980s.
Under Schultz’s leadership, the company built a massive network of stores that influenced coffee culture in Seattle, the United States, and around the world. Starbucks became the world’s largest coffee-house chain as a result of large-scale distribution partnerships.
In a series of widely publicized coffee fights, Schultz took the firm public in 1992 and utilized a $271 million valuation to increase the company’s shop count. In 2000, he stepped down as CEO and was replaced by Orin Smith.
Schultz returned as CEO during the financial crisis in 2008. Following Jim Donald’s departure, Schultz oversaw a mass sacking of executives and employees, as well as the closure of hundreds of outlets.
Who is Howard Schultz?
Howard Schultz is a billionaire American businessman with a net worth of $4.5 billion.
He has a younger sister and brother and was born into a Jewish household in Brooklyn, New York, to Fred Schultz, an ex-army trooper and truck driver, and Elaine.
The brothers and sister grew up in the New York City Housing Authority’s Canarise Bayview Houses.
He took refuge in sports such as baseball, football, and basketball, as well as the Boys Club, due to his family’s financial situation.
He was a standout athlete before graduating from Canarsie High School in 1971. Northern Michigan University offered him an athletic scholarship.
He went to university and became a member of Tau Kappa Epsilon, as well as the first person in his family to attend college.
He began working for Xerox Corporation as a salesman after graduation, but was rapidly promoted to a full sales representative.
Howard Schultz Net Worth: How much does he have?
Howard Schultz is a $4.5 billion dollar American billionaire entrepreneur. Howard Schultz was born into an impoverished family in Brooklyn, New York.
As a result of his outstanding athletic abilities, he was awarded an athletic scholarship to Northern Michigan University.
Howard Schultz Age: How old is he?
Howard Schultz Age is 69 years, born on July 19, 1952 in Brooklyn, New York, United States.
Howard Schultz Wife: Sheri Kersch Schultz
Howard Schultz is married to Sheri Kersch Schultz. Mrs. Sheri Kersch Schultz is Howard Schultz’s stunning wife; her husband is the former CEO and executive chairman of Starbucks Coffee Company, as well as the former chairman of Emeritus, with a net worth of $3.5 billion.
Howard and Sheri Schultz, who have been married since 1982, have two children: son Jordan and daughter Addison.