Ceo Of Starbucks Net Worth (Updated 2025).
Howard Schultz, the current CEO of Starbucks, began his career in the sales department of Xerox Corporation. Born and raised in public housing in Brooklyn, New York, Schultz’s humble beginnings fueled his ambition and drive. He worked his way up from a low-level position, eventually becoming the company’s top sales representative in the U.S.
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Current Net Worth of Starbucks CEO (2025)
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As of 2025, the current net worth of Howard Schultz, CEO of Starbucks, is estimated to be around $7.2 billion, according to Forbes. This figure reflects his significant contributions and leadership at the helm of the global coffeehouse chain.
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Career
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Howard Schultz’s career spans over four decades in the coffee industry. He joined Starbucks in 1982, became CEO in 1987, and led the company’s expansion from 11 stores to over 28,000 worldwide. He stepped down as CEO in 2000 but returned in 2008 to turn around the company’s performance. In 2017, he stepped down again but remained as executive chairman until 2018.
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Other Ventures
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Besides Starbucks, Schultz has been involved in other ventures. In 2018, he launched a new coffee chain, Reserve Roastery, focusing on high-end, small-batch coffee. He is also a co-owner of the NBA’s Portland Trail Blazers and has authored several books, including “Pour Your Heart Into It” and “From the Ground Up.”
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Assets
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Schultz’s assets include a significant stake in Starbucks, comprising over 30 million shares as of 2021. He also owns a 90% stake in the Seattle SuperSonics basketball team, now known as the Oklahoma City Thunder. His real estate portfolio includes luxury homes in Seattle, New York, and Florida, as well as a private island in Hawaii.
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Annual Income
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As of 2021, Howard Schultz’s annual income is estimated to be around $20 million. This figure includes his salary, stock awards, and other compensations from Starbucks. His wealth has significantly grown over the years due to his substantial stake in the company and its impressive stock performance.
Frequently Asked Questions about Ceo Of Starbucks
**Frequently Asked Questions: CEO of Starbucks Net Worth**
1. Who is the current CEO of Starbucks?
The current CEO of Starbucks is Howard Schultz. He returned to the role in April 2022, having previously served as CEO from 1987 to 2000 and again from 2008 to 2017.
2. How long has Howard Schultz been with Starbucks?
Howard Schultz joined Starbucks in 1982 as the Director of Marketing. He became the CEO in 1987 and has been a significant figure in the company’s growth and success ever since.
3. What is Howard Schultz’s net worth?
As of recent estimates, Howard Schultz’s net worth is approximately $4 billion.
4. How did Howard Schultz become the CEO of Starbucks?
Schultz started as a sales representative for Hammarplast, a Swedish company that made coffee makers. He discovered Starbucks while on a business trip to Seattle and was impressed by their coffee and potential. He joined Starbucks in 1982 and became CEO in 1987.
5. What is Howard Schultz’s salary as the CEO of Starbucks?
As of 2021, Howard Schultz’s base salary is $1. As CEO, his compensation comes primarily from stock awards and other forms of compensation.
6. What is the total compensation of Howard Schultz as the CEO of Starbucks?
In 2021, Howard Schultz’s total compensation from Starbucks was over $34 million, primarily from stock awards.
7. How has Howard Schultz contributed to Starbucks’ growth?
Schultz is credited with transforming Starbucks from a small, local coffee shop to a global coffeehouse chain. He introduced many innovations, including the concept of the “third place” between home and work, the Starbucks Rewards program, and expanding the menu to include food and beverages beyond coffee.
8. What are some of Howard Schultz’s other ventures apart from Starbucks?
Schultz has also been involved in other ventures, including owning the Seattle SuperSonics NBA team from 2001 to 2008 and running for President of the United States in 2020. He has also written several books on business and leadership.
9. What is Howard Schultz’s educational background?
Schultz graduated from Northern Michigan University with a degree in communications in 1975. He also attended the University of Arizona but did not graduate.
10. What is Howard Schultz’s approach to leadership and management?
Schultz is known for his focus on company culture and employee satisfaction. He has said, “If you’re not willing to invest in your people, you’re not going to be successful.” He also emphasizes the importance of innovation, quality, and customer experience in his leadership approach.
