Early Life and Education

Howard Schultz was born on July 19, 1953, in Brooklyn, New York. He grew up in a housing complex for the poor, and his father worked as a truck driver. Despite his humble beginnings, Schultz was determined to make something of himself. He attended Canarsie High School and went on to study at Northern Michigan University on a football scholarship.

Career Beginnings

After graduating from college, Schultz worked various jobs in sales and marketing before landing a job at Starbucks in 1982. At the time, Starbucks was a small coffee shop chain based in Seattle. Schultz saw potential in the company and convinced the owners to let him open his own chain of espresso bars.

Rise to Success

Under Schultz's leadership, Starbucks grew rapidly and became a household name. He introduced new products such as Frappuccinos and expanded the company's reach globally. By the time he stepped down as CEO in 2018, Starbucks had over 28,000 stores worldwide.

Net Worth

As of 2024, Howard Schultz's net worth is estimated to be around $4 billion. Much of his wealth comes from his stake in Starbucks, as well as investments in other companies such as Airbnb and Square.

Philanthropy

Schultz is known for his philanthropic efforts, particularly in the areas of education and veterans' issues. He has donated millions of dollars to various causes and established the Schultz Family Foundation to support social initiatives.

Personal Life

Howard Schultz is married to Sheri Kersch Schultz and has two children. He is an avid sports fan and enjoys playing basketball in his free time. Despite his immense success, Schultz remains grounded and continues to advocate for social change.

Overall, Howard Schultz's journey from a poor kid in Brooklyn to a billionaire businessman is truly inspiring. His dedication to hard work and innovation has made him one of the most successful entrepreneurs of our time.