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Howard Schultz Net Worth, Salary, House, Parents, Family, Education, Accomplishments

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Howard D. Schultz is an American businessman and author. He served as the chairman and chief executive officer of the Starbucks Coffee Company from 1986 to 2000, and then again from 2008 to 2017. Schultz also owned the Seattle SuperSonics basketball team from 2001 to 2006.

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Howard Schultz Net Worth

Schultz was named the 209th-richest person in the U.S. by Forbes with a net worth of $3.9 billion.

Howard Schultz Salary

Starbucks’ highest-paid executive include Howard Schultz who earns a salary of $21,815,498

Howard Schultz House

In 1982, Schultz married Sheri Kersch with whom he has two children. They live in Seattle’s Madison Park neighborhood, having previously lived near Madrona.

Starbucks’ billionaire CEO Howard Schultz has closed on a $25 million, eight-bedroom home in the exclusive Four Seasons development in Hawaii’s Hualalai resort area.

Howard Schultz’ home in Seattle
Image Credit: Mansion Global

The 1.8-acre property hit the MLS in late January with a price tag of $33 million. The seller was William Jahnke, the former head of Well Fargo Investment Advisors.

Harold Clarke, with the high-end brokerage Luxury Big Island, represented both the buyer and the seller but declined to reveal details. However, other sources confirmed the deal.

Howard Schultz Parents

Howard Schultz was born in 1953, in Brooklyn, New York, to Fred and Elaine Schultz. Like so many Americans, his ancestors were immigrants.

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Howard Schultz Family

Schultz belongs to a Jewish family, and he was born in Brooklyn of New York. His father was Fred Schultz, an ex-US Army trooper and a truck driver, and his mother was Elaine, a housewife.

He had one brother, Michael, and one sister, Ronnie, with whom he was brought up in Canarsie Bayview Houses of the city’s housing authority. Belonging to a poor family, he was interested in sports like football, basketball, and baseball.

Howard married Sheri Kersch in 1982, with whom he has two children, one daughter, and one son. She is an interior designer by profession.

In 1996, she established The Schultz Family Foundation with her husband, with which she invests in new partnerships and solutions to strengthen businesses and communities. At present, they reside in a lavish home in Seattle, Washington.

Howard Schultz
Image Credit: NBC News

Howard Schultz Education

Howard Schultz graduated from Canarsie High School in 1971 and received an athletic scholarship for Northern Michigan University. With this, he became the first member of his family to attend college and graduate.

Howard Schultz Accomplishments

Howard Schultz took charge of Starbucks in the 1980s and turned a regional coffee company into one of the world’s top brands.

Schultz expanded Starbucks from 11 stores to more than 30,000 worldwide and made it a social hub for many Americans.


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