Starbucks Ceo Net Worth (Updated 2025).

Howard Schultz, the current CEO of Starbucks, began his professional journey in the early 1970s, working as a sales representative for Xerox Corporation. Born and raised in Brooklyn, New York, Schultz’s humble beginnings fueled his ambition and drive. He was the first in his family to graduate from college, earning a degree in communications from Northern Michigan University.

Schultz’s career took a significant turn in 1981 when he visited Seattle and discovered Starbucks, a small coffee shop that was then just beginning to expand. Intrigued by the company’s focus on high-quality coffee and community, Schultz joined Starbucks in 1982 as the director of retail operations and marketing. His passion for the company and its products led him to purchase Starbucks in 1987, marking the beginning of his meteoric rise to fame.

Starbucks CEO’s Current Net Worth (2025)

As of 2025, Starbucks CEO Howard Schultz’s net worth is estimated to be around $4 billion, according to Forbes. This significant wealth is a testament to his successful career in the coffee industry.

Career

Howard Schultz, born in 1953, began his career at Xerox, then transitioned to a retail role at a small coffee shop called Starbucks in 1982. He became the CEO in 1987, leading the company’s expansion from a regional coffee chain to a global giant with over 30,000 stores worldwide. He stepped down as CEO in 2000 and again in 2017, but remains an executive chairman.

Other Ventures

Schultz is not just a Starbucks lifer. He also co-founded Maveron, a venture capital firm focused on consumer brands, in 1998. Additionally, he has written several books, including the bestseller “Pour Your Heart Into It.”

Assets

Schultz’s assets include a 5,400-square-foot mansion in Seattle, valued at around $24.2 million, and a 10,000-square-foot estate in Malibu, California, worth approximately $20 million. He also owns a private jet and a stake in the NBA’s Portland Trail Blazers.

Annual Income

As of 2021, Schultz’s annual salary at Starbucks was $1.5 million. However, his total compensation, including stock awards and other incentives, was over $23 million. His annual income from other ventures, such as Maveron, is not publicly disclosed.

Frequently Asked Questions about  Starbucks Ceo

Frequently Asked Questions: Starbucks CEO Net Worth

1. Who is the current CEO of Starbucks?

Howard Schultz is the current CEO of Starbucks. He has served in this role since April 2022, after previously holding the position from 2008 to 2017 and as chairman from 2017 to 2022.

2. How did Howard Schultz become the CEO of Starbucks?

Schultz joined Starbucks in 1982 as the director of retail operations and marketing. He later purchased the company’s original store in Seattle and the roasting plant in 1987, which eventually led to his appointment as CEO in 2000.

3. What is Howard Schultz’s net worth?

Howard Schultz’s net worth is estimated to be around $3.7 billion.

4. How has Howard Schultz’s net worth changed over time?

Schultz’s net worth has grown significantly over the years. In 2018, Forbes estimated his net worth to be around $2.3 billion, which has since increased to the current estimate of $3.7 billion.

5. What is Howard Schultz’s salary as the CEO of Starbucks?

In 2021, Howard Schultz’s total compensation as the CEO of Starbucks was $1,575,000, which included a base salary of $1,450,000 and other compensation of $125,000.

6. How much of Starbucks is owned by Howard Schultz?

As of 2021, Howard Schultz owns approximately 3% of Starbucks’ outstanding shares.

7. What is Howard Schultz’s educational background?

Schultz graduated from Northern Michigan University in 1975 with a bachelor’s degree in communications. He did not attend graduate school.

8. What other businesses has Howard Schultz been involved in besides Starbucks?

Schultz has been involved in various business ventures outside of Starbucks, including the ownership of the Seattle SuperSonics NBA team from 2001 to 2008 and the investment firm Maveron, which he co-founded in 1998.

9. What is Howard Schultz’s political affiliation?

Howard Schultz has expressed interest in running for President of the United States as an independent, but he has not officially announced his political affiliation.

10. What are some of Howard Schultz’s philanthropic efforts?

Schultz and his wife, Sheri, have established the Schultz Family Foundation, which focuses on youth development and job creation. They have also been involved in various charitable causes, including supporting relief efforts for natural disasters and contributing to social justice initiatives.