HOWARD SCHULTZ • Net Worth $4 Billion • House • Yacht • Private Jet • Starbucks

Name:Howard Schultz
Net Worth:$4 billion
Source of Wealth:Stabucks Coffee
Born:July 19, 1953
Wife:Sheri Kersch Schultz
Children:Eliahu Jordan Schultz, Addison Schultz
Residence:Seatlle, Washington
Private Jet:(N211HS) Gulfstream G650

Who is Howard Schultz?

Discover the story of Howard Schultz, the US-based billionaire who turned Starbucks into the world’s largest coffeehouse chain. Learn more about his net worth, philanthropic work, and private equity firm Maveron in this comprehensive article.

Key Takeaways:

  • Howard Schultz, the billionaire behind Starbucks, has a net worth of $4.3 billion.
  • Schultz transformed Starbucks into a global chain with over 30,000 locations.
  • He also owns Maveron, a private equity firm with significant investments.
  • Schultz is known for his philanthropy, focusing on supporting veterans and combating youth unemployment.
  • He owns the Pi yacht, built by Feadship, with impressive specifications and luxurious amenities.
  • Schultz also owns a Gulfstream G650 private jet, emphasizing his taste for luxury and convenience.

Starbucks Coffee: From Humble Beginnings to Worldwide Success

Founded in 1971, Starbucks Coffee was bought by Schultz in 1980. Since then, Schultz has focused on the quick expansion of the company, turning it into a global phenomenon with over 30,000 locations in 70 countries. Today, Starbucks realizes more than $26 billion in annual sales and has a net profit of $3.5 billion. The group employs over 345,000 people and is listed on the New York Stock Exchange.
Schultz’s strong leadership and vision for Starbucks have paid off greatly. He owns more than 30 million shares in the company, with options on another 5 million. With a share price of around $95 (as of January 2022), these shares are worth $3.3 billion.

Maveron: Investing in the Future

Aside from Starbucks, Schultz is also the owner of the private equity firm Maveron. Maveron invests in a range of companies, including Ebay,, and the e-commerce company zulily. The firm has invested more than $1.3 billion to date.

Howard Schultz’s Net Worth

With his success in both Starbucks and Maveron, it’s no surprise that Schultz’s net worth is estimated at $4.3 billion. His wealth has allowed him to support a number of charitable causes through the Schultz Family Foundation.

Philanthropic Work: Supporting Veterans and Youth Employment

Howard and his wife Sheri Schultz are active philanthropists through their Schultz Family Foundation. They are committed to supporting military veterans and fighting youth unemployment. Their work has helped countless people and made a significant impact in their communities.

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Howard Schultz Yacht Pi

He is the owner of the Feadship yacht Pi.

The Pi yacht’s specifications are equally impressive. The yacht is powered by MTU engines, which provide a maximum speed of 18 knots and a cruising speed of 13 knots. The yacht’s range is more than 4,500 nautical miles, making it ideal for long voyages.

The interior of the Pi yacht is just as impressive as its exterior. The yacht can accommodate up to 12 guests in six cabins, and has a crew of 18. The interior of the yacht features a modern and sleek design, with a focus on comfort and luxury. The yacht’s owner has a private deck, providing a secluded and tranquil space to relax and unwind.