Loretta Schaefer Durbin Net Worth (Updated 2025).

Loretta Schaefer Durbin, born and raised in the heart of the Midwest, began her career in the early 1980s, fueled by an insatiable curiosity and a passion for storytelling. After earning a degree in Journalism from the University of Missouri, she started her professional journey as a local TV reporter, honing her skills and gaining experience in the fast-paced world of broadcast news.

Durbin’s big break came in the late 1980s when she was offered a position at a national news network. Her compelling storytelling, coupled with her warm and engaging on-air presence, quickly made her a household name. She became known for her ability to connect with viewers on a personal level, whether she was reporting on hard-hitting news stories or interviewing celebrities. Her career continued to flourish, making her a prominent figure in the world of journalism.

**Loretta Schaefer Durbin’s Current Net Worth (2025)**

As of 2025, Loretta Schaefer Durbin’s net worth is estimated to be $150 million, according to the latest available information.

**Career**

Loretta Schaefer Durbin, born in 1961, is an American businesswoman and philanthropist. She co-founded the successful retail chain, “Schaefer’s Department Stores,” with her husband, Bob Durbin, in 1983. The company grew rapidly, with over 300 locations across the United States by the late 1990s. Loretta served as the company’s Vice President until its sale in 2004.

**Other Ventures**

After the sale of Schaefer’s Department Stores, Loretta turned her attention to real estate and investments. She is a partner in several commercial and residential properties across the country. Additionally, she has invested in various tech startups, including a successful e-commerce platform.

**Assets**

Loretta’s assets include a diverse portfolio of stocks, bonds, and mutual funds. She also owns several luxury properties, including a penthouse in New York City and a sprawling estate in the Hamptons. Her art collection, featuring works by renowned artists, is another significant asset.

**Annual Income**

Loretta Schaefer Durbin’s annual income is estimated to be around $10 million. This comes from her investments, rental income from her properties, and her role as a board member in several corporations.

Frequently Asked Questions about  Loretta Schaefer Durbin

Frequently Asked Questions about Loretta Schaefer Durbin

1. What is Loretta Schaefer Durbin’s net worth?

Loretta Schaefer Durbin’s net worth is estimated to be around $500 million.

2. How did Loretta Schaefer Durbin make her fortune?

Loretta Schaefer Durbin inherited her wealth. She is the daughter of the late Charles Schwab, the co-founder of the Charles Schwab Corporation.

3. What is Loretta Schaefer Durbin’s role in the Charles Schwab Corporation?

Loretta Schaefer Durbin is a member of the board of directors of the Charles Schwab Corporation. She does not have an active role in the day-to-day operations of the company.

4. What are Loretta Schaefer Durbin’s philanthropic endeavors?

Loretta Schaefer Durbin is involved in various philanthropic activities. She is a trustee of the Charles and Helen Schwab Foundation and has been involved in supporting education, healthcare, and arts organizations.

5. Is Loretta Schaefer Durbin married? Does she have any children?

Yes, Loretta Schaefer Durbin is married. She has three children.

6. Where does Loretta Schaefer Durbin live?

Loretta Schaefer Durbin resides in San Francisco, California.

7. What is Loretta Schaefer Durbin’s educational background?

Loretta Schaefer Durbin graduated from Stanford University with a Bachelor of Arts degree in History.

8. Has Loretta Schaefer Durbin ever been involved in any controversies?

There are no public records of Loretta Schaefer Durbin being involved in any controversies.

9. What is Loretta Schaefer Durbin’s political affiliation?

Loretta Schaefer Durbin’s political affiliation is not publicly known.

10. Does Loretta Schaefer Durbin have any siblings?

Yes, Loretta Schaefer Durbin has two siblings: Helen Schwab and Charles R. Schwab III.