Owner Starbucks Net Worth (Updated 2025).
Howard Schultz, the man behind the global coffeehouse chain Starbucks, didn’t have an easy start in life. Born in 1953 to a working-class family in Brooklyn, New York, Schultz grew up in public housing and witnessed firsthand the struggles of the working class. Despite these humble beginnings, Schultz’s life took a turn when he received a football scholarship to Northern Michigan University. It was here that he began to cultivate his entrepreneurial spirit, working multiple jobs to support himself and his new family.
After graduation, Schultz embarked on a career in sales, initially with Xerox Corporation. However, his life changed when he visited Seattle in 1979 and discovered Starbucks, a small coffee bean roaster and retailer. Intrigued by their unique business model and passionate about coffee, Schultz convinced the owners to let him run their first retail store. In 1981, he opened the first Starbucks store in Seattle’s Pike Place Market, marking the beginning of his journey to fame.
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Howard Schultz’s Net Worth in 2025
As of 2025, Howard Schultz, the owner of Starbucks, has an estimated net worth of $4.1 billion, according to Forbes. This significant wealth is primarily attributed to his successful career at Starbucks, where he served as the CEO from 1987 to 2000 and again from 2008 to 2017, and as the executive chairman until 2018.
Career
Howard Schultz’s career began at Xerox, where he worked in sales. In 1982, he joined Starbucks, a small coffee bean retailer at the time. Schultz saw the potential in expanding the business to sell brewed coffee, and in 1985, he purchased the company. Under his leadership, Starbucks grew into the global coffeehouse chain it is today, with over 30,000 locations worldwide.
Other Ventures
In addition to Starbucks, Schultz has been involved in other ventures. He is the owner of the Seattle SuperSonics, an NBA team, and has invested in various other businesses, including the bookstore chain Barnes & Noble. Schultz has also written several books, including “Pour Your Heart Into It” and “Onward,” which detail his leadership philosophy and experiences at Starbucks.
Assets
Howard Schultz’s assets include a significant stake in Starbucks, as well as real estate investments. He owns a 10.9 million square-foot office building in Seattle, known as the Starbucks Center, and a 12,000-square-foot mansion in Medina, Washington. Schultz also owns a private jet, a luxury yacht, and a collection of vintage cars.
Annual Income
As of 2021, Howard Schultz’s annual income is estimated to be around $24 million, according to Forbes. This income is primarily derived from his stake in Starbucks, as well as his other business ventures and investments. Schultz’s annual income has fluctuated over the years, but it has consistently remained in the tens of millions of dollars.
Frequently Asked Questions about Owner Starbucks
**Frequently Asked Questions: Owner Starbucks Net Worth**
1. Who is the current owner of Starbucks?
The current owner of Starbucks is Howard Schultz. He is the Executive Chairman of the company.
2. What is Howard Schultz’s net worth?
Howard Schultz’s net worth is estimated to be around $4 billion.
3. How did Howard Schultz become the owner of Starbucks?
Howard Schultz joined Starbucks in 1982 as the director of marketing. He later bought the company in 1987 and became its owner.
4. What was Howard Schultz’s role before becoming the owner of Starbucks?
Before joining Starbucks, Howard Schultz worked as a sales representative for Xerox.
5. What is the total net worth of Starbucks?
The total net worth of Starbucks, as a company, is estimated to be over $100 billion.
6. How many Starbucks stores are there worldwide?
As of 2021, there are over 30,000 Starbucks stores worldwide.
7. What is the average salary of a Starbucks barista?
The average salary of a Starbucks barista in the U.S. is around $11 per hour.
8. How much does Howard Schultz earn annually from Starbucks?
Howard Schultz’s annual salary from Starbucks is not publicly disclosed.
9. What other businesses does Howard Schultz own besides Starbucks?
Howard Schultz does not own any other major businesses besides Starbucks. However, he has invested in several other companies and startups.
10. What is the Starbucks Reserve Roastery?
The Starbucks Reserve Roastery is a high-end coffee retail experience that offers a wider selection of rare and unique coffees, as well as a full menu of handcrafted beverages.
