Schottenstein Family Net Worth (Updated 2026).
The Schottenstein family, hailing from Columbus, Ohio, is renowned for their entrepreneurial spirit and significant contributions to the retail industry. The family’s journey began in the early 20th century when Samuel Schottenstein, the patriarch, started a small clothing manufacturing business. He laid the foundation for what would become a powerful business dynasty.
The Schottensteins’ rise to fame can be attributed to their strategic expansion and diversification. In the 1960s, Samuel’s son, Jay, took the reins and transformed the family business into a retail powerhouse. He founded Value City Department Stores, which grew to become one of the largest retail chains in the United States. This marked a significant turning point in the Schottenstein family’s career, establishing them as prominent figures in the retail industry.
**Schottenstein Family’s Current Net Worth (2025)**
As of 2025, the Schottenstein family’s net worth is estimated to be around $5.5 billion, according to Forbes. This places them among the wealthiest families in the United States.
**Career**
The Schottenstein family’s wealth is primarily attributed to their retail businesses. Founded by Samuel Schottenstein in 1961, the family-owned business, Schottenstein Stores Corporation, has grown into a multi-billion dollar enterprise. The family is also involved in various other ventures, including real estate and finance.
**Other Ventures**
Beyond retail, the Schottensteins have diversified their portfolio. They own several shopping centers and office buildings through their company, Steiner + Associates. Additionally, they have investments in finance, with a significant stake in the investment firm, Schottenstein Capital Partners.
**Assets**
The family’s assets include prime commercial real estate properties, retail stores, and substantial financial investments. Their retail empire, DSW (Designer Shoe Warehouse), is one of the largest shoe retailers in the U.S., with over 500 stores. They also own and operate other retail brands like American Eagle Outfitters and Express.
**Annual Income**
The Schottenstein family’s annual income is not publicly disclosed. However, their retail businesses generate billions in revenue annually. In 2020, DSW alone reported over $3 billion in sales.
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Frequently Asked Questions about Schottenstein Family
Frequently Asked Questions: Schottenstein Family Net Worth
1. What is the Schottenstein family’s net worth?
The Schottenstein family has an estimated net worth of over $3 billion.
2. Who are the members of the Schottenstein family?
The Schottenstein family includes Stephen and Joan Schottenstein, their children Jay, Scott, and Kim, and other extended family members.
3. How did the Schottenstein family make their fortune?
The Schottenstein family’s fortune comes primarily from their retail businesses, including American Eagle Outfitters and Schottenstein Stores Corporation.
4. What is American Eagle Outfitters?
American Eagle Outfitters is a popular clothing and accessories retailer, founded by the Schottenstein family in 1977.
5. What is Schottenstein Stores Corporation?
Schottenstein Stores Corporation is a privately-held company that owns and operates various retail brands, including American Eagle Outfitters, Aerie, and Tailgate.
6. Where are the Schottensteins based?
The Schottenstein family is based in the United States, with their businesses primarily operating in the country.
7. What is the Schottenstein family’s involvement in philanthropy?
The Schottenstein family is known for their philanthropic efforts, supporting various causes such as education, healthcare, and Jewish community initiatives.
8. Do the Schottensteins have any political affiliations?
While the Schottenstein family has made political donations, they do not have any prominent political affiliations.
9. What is the Schottenstein family’s approach to business and leadership?
The Schottenstein family is known for their hands-on approach to business, with family members actively involved in the management and growth of their companies.
10. How has the Schottenstein family’s net worth evolved over time?
The Schottenstein family’s net worth has grown significantly over the years, primarily due to the success of their retail businesses and strategic investments.
