Starbucks Owner Net Worth (Updated 2025).

Howard Schultz, the man behind the global coffeehouse phenomenon, didn’t start his career in the coffee business. Born in 1953, Schultz grew up in public housing in Brooklyn, New York, with a strong work ethic instilled by his father, a World War II veteran who worked as a truck driver. Schultz’s journey began at the University of Northern Michigan, where he played basketball and worked his way through school, eventually graduating in 1975 with a degree in communications.

Schultz’s first foray into the business world was as a sales representative for Xerox, a position he landed after being turned down by the company three times. He quickly excelled in this role, becoming the top salesperson in the Seattle district within a year. It was during this time that he first encountered Starbucks, a small coffee bean retailer in Seattle’s Pike Place Market. Intrigued by their unique approach to coffee, Schultz joined Starbucks in 1982 as the director of retail operations and marketing.

Starbucks Owner’s Current Net Worth (2025)

According to the latest available information, Howard Schultz, the former CEO and current chairman emeritus of Starbucks, has an estimated net worth of $4.5 billion as of 2025.

Career

Howard Schultz began his career at Xerox, later moving to Starbucks in 1982. He became the CEO in 1987, transforming the company into a global brand. Schultz stepped down as CEO in 2000 but returned in 2008 to lead the company through the Great Recession. He stepped down again in 2017 but remained as chairman until 2020.

Other Ventures

In addition to Starbucks, Schultz has invested in various other ventures. He co-founded Maveron, a venture capital firm, in 1998. He also owns the Seattle SuperSonics, an NBA team, and has written several books, including “Pour Your Heart Into It” and “Onward.”

Assets

Schultz’s assets include a $60 million estate in Medina, Washington, a $40 million apartment in New York City, and a private jet worth around $50 million. He also has significant investments in real estate and stocks.

Annual Income

While Schultz’s exact annual income is not publicly disclosed, as of 2020, his total compensation from Starbucks was $1.2 million. However, this is likely a small portion of his overall earnings from his various ventures and investments.

Frequently Asked Questions about  Starbucks Owner

Frequently Asked Questions: Starbucks Owner 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 $4.2 billion.

3. How did Howard Schultz become the owner of Starbucks?

Howard Schultz initially joined Starbucks in 1982 as the Director of Marketing. He later bought the company in 2000 and has been its owner since then.

4. What was Howard Schultz’s background before joining Starbucks?

Before joining Starbucks, Howard Schultz worked as a sales representative for Xerox and later for a Swedish drip coffee maker company called Hammarplast.

5. What is the total revenue of Starbucks in 2021?

The total revenue of Starbucks in 2021 was $31.9 billion.

6. How many countries does Starbucks operate in?

Starbucks operates in over 80 countries worldwide.

7. How many stores does Starbucks have globally?

As of 2021, Starbucks has over 32,000 stores globally.

8. What is the Starbucks Reserve program?

The Starbucks Reserve program is a premium coffee experience offered by Starbucks. It includes rare, small-batch coffees, unique brewing methods, and exclusive Reserve stores.

9. What is the Starbucks Rewards program?

The Starbucks Rewards program is a loyalty program that allows customers to earn “Stars” for every purchase, which can be redeemed for free drinks, food, and other rewards.

10. What is the Starbucks Foundation?

The Starbucks Foundation is a non-profit organization established by Starbucks to create opportunities for youth, support communities, and promote sustainable coffee practices around the world.