Howard Schultz's leadership style has heightened his salary and net worth significantly. He has collected a net worth of $2.9 billion dollars with the help massive annual salary of $21,775,001 dollars.
Rags to riches: Incredible journey of Howard Schultz to the become the World’s beloved brand Starbucks’s CEO
Howard Schultz is the chairman and CEO of Starbucks. The company's global success is the key to Howard's budding net worth. As he was from low-income family, Howard started working from the very early age of 12. From a salesperson to CEO, Howard has come a long way in his life.
Because of his low family status, Howard, with full of guts and panache to become an established persona, he moved towards the voyage to success. Also, he was the only member of the family to attend college. Thereafter, his enthusiasm to build his future bright, he put all the efforts in his study.
After completing a bachelor degree in Mass Communication, Howard initiated his career with Xerox Company as a salesperson. THEreafter, Schultz’s outstanding performance led him to the higher position as a sales representative of Xerox and served there for three years.
In 1979, he joined Hammarplast, a Swedish drip coffee maker, and manufacturer, and worked as a general manager where he sold home appliances, including coffee grinders to the businesses like Starbucks.
Schultz was very dazzled by the expertise of Seattle's Starbucks Coffee Company. He expressed interest to join the company and finally in 1982, he became its Director of Marketing.
He saw great future for the company and began to forward more ideas to expand the company but the ex-owner of the company denied and Schultz left the company and initiated his own coffee business.
America’s 227th richest person, Howard Schultz not only earned a fortune but also won the millions of hearts
Howard is an audacious entrepreneur, whose involvement in the wild ride of career path has led him to become the CEO of the highly successful coffee company, Starbucks.
Schultz was doing well with his business when he found out that the owners of Starbucks were going to sell their stores, the roasting factory, and brand itself, and he bought the Starbucks Company becoming the only owner. He was a member of the Board of Directors at Square, Inc.
Schultz has a net worth of about $3.1 billion, making him the 227th richest person in the U.S. along with a huge salary of $21,775,001 dollars. It's Howard Schultz's leadership style which has led Starbucks to its global success.