Howard Schultz
Source of wealth: Starbucks
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The scale of their wealth
Health
The price of life
Let's compare Howard Schultz's fortune with the healthcare spending of a massive country
Howard Schultz could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 1.6 years.
But even if we compare their fortune with that of a rich country
On the other end, Howard Schultz could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.7 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
Howard Schultz could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 1.1 years.
And yes, we can also compare it with a rich country
But they couldn't just cover the cost of a poor country; Luxembourg is considered the country with the highest per capita investment in education in the world, and Howard Schultz could pay for it entirely for 1.4 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Howard Schultz could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 6.1 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Howard Schultz with Israel, the country that invests the most per capita in research in the world, they could cover the total cost of the system for 0.1 years.
Gold
Everyday luxuries
Howard Schultz's fortune is equivalent to 25 tons of gold. It's hard to process, since we don't usually keep a handful of gold bars in our piggy banks.
A standard gold ring usually weighs between 4 and 7 grams. Let's say this one weighs 5 grams. It's usually 18 karats.
Based on today's gold price (excluding the jeweler's commission, shipping, or anything else), that ring would be worth $546.86.
Howard Schultz could buy 6,588,739 gold rings. That's a lot of fingers and way too many gifts!!
And if you're struggling to visualize that many rings, it would take 1 trucks to transport them. Although Howard Schultz will almost certainly have enough money left over to pay for the gas.
Biography
Howard Schultz took charge of Starbucks in the 1980s and turned a regional coffee company into one of the world's top brands.
Schultz expanded Starbucks from 11 stores to more than 35,000 worldwide and made it a social hub for many Americans.
He served three stints as CEO, most recently stepping down in early 2023.
Schultz explored a 2020 presidential bid, but said in September 2019 that he would not run because it would risk the re-election of Donald Trump.
His Schultz Family Foundation invests in training and hiring veterans and youths, helping veterans ensure a smooth transition back into civilian life.
Through his VC firm Maveron Capital, Schultz invests in other consumer businesses such as Groupon, Madison Reed, Allbirds and Lucy.
Financial Assets
Monthly wealth history
Fortune comparison
Historical data not available for comparison