| Name: | Howard Schultz |
| Net Worth: | $4 billion |
| Source of Wealth: | Stabucks Coffee |
| Born: | July 19, 1953 |
| Age: | |
| Country: | USA |
| Wife: | Sheri Kersch Schultz |
| Children: | Eliahu Jordan Schultz, Addison Schultz |
| Residence: | Seatlle, Washington |
| Private Jet: | (N211HS) Gulfstream G650 |
| Yacht: | Pi |
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.
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.
Aside from Starbucks, Schultz is also the owner of the private equity firm Maveron. Maveron invests in a range of companies, including Ebay, Drugstore.com, and the e-commerce company zulily. The firm has invested more than $1.3 billion to date.
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.
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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He lives with his wife Sheri Kersch Schultz in this large mansion on the coast of Lake Washington, in Seattle.
Lake Washington is a large freshwater lake located in King County, Washington, United States. With a surface area of 22,138 acres, it is the second-largest natural lake in the state of Washington, following only Lake Chelan.
The lake is situated east of Seattle and north of Renton, and it is surrounded by several cities and communities, including Bellevue, Kirkland, and Mercer Island. Lake Washington is a popular recreational spot, with activities such as boating, fishing, and swimming being common during the summer months.
One of the most notable features of Lake Washington is the floating bridge that spans its length. The bridge, officially named the Lacey V. Murrow Memorial Bridge, was completed in 1940 and was the longest floating bridge in the world at the time. In 1990, a second floating bridge, the Homer M. Hadley Memorial Bridge, was constructed parallel to the original bridge to alleviate traffic congestion.
The lake is also home to several parks and beaches, including Seward Park, Juanita Beach Park, and Madison Park. These parks offer a variety of amenities such as picnic areas, playgrounds, and swimming beaches, making them popular destinations for families and outdoor enthusiasts.
Lake Washington is not only a recreational spot but also an important resource for the region. The lake provides drinking water to the city of Seattle and surrounding areas, and it also supports a variety of wildlife, including fish and waterfowl.
In conclusion, Lake Washington is a beautiful and important natural resource in the state of Washington. With its picturesque views, recreational opportunities, and ecological significance, the lake is a beloved destination for locals and visitors alike. Whether you are looking to take a dip in the water, cast a line, or simply take in the scenery, Lake Washington has something to offer for everyone.
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.
He owns a Gulfstream G650 private jet with registration N211HS. The jet was built in 2019. A Gulfstream G650 has a list price of $ 65 million.
The Gulfstream G650 is a luxurious, long-range business jet produced by Gulfstream Aerospace. The G650 was first introduced in 2008 and quickly became one of the most sought-after business jets in the world due to its impressive range, speed, and spacious cabin. The G650 has a maximum range of over 7,000 nautical miles, making it capable of flying non-stop from locations such as New York to Hong Kong.
One of the standout features of the G650 is its cabin, which is both spacious and luxurious. With a height of over 6 feet and a width of over 7 feet, the cabin offers ample space for passengers to work, relax, and entertain. The cabin also features a variety of customizable features, including seating arrangements, lighting, and entertainment systems.
In addition to its impressive range and cabin, the G650 is also known for its high cruising speeds. The aircraft is capable of reaching speeds of up to Mach 0.925, making it one of the fastest business jets on the market. This speed, combined with its range, allows the G650 to cover large distances quickly and efficiently.
The last known list price of the Gulfstream G650 was approximately $75 million. This high cost reflects the advanced technology, spacious cabin, and impressive performance capabilities of the aircraft. Despite its high price, the G650 remains a popular choice for those who value speed, range, and comfort in their business jets.
The Gulfstream G650 is a top-of-the-line business jet that offers impressive range, speed, and comfort. Its luxurious cabin and high-performance capabilities make it a popular choice for those who demand the best in their business aviation needs. With a last known list price of $75 million, the G650 is a significant investment, but for those who can afford it, the aircraft provides a unique and unparalleled flying experience.
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SuperYacht Owners Database 6-2023
