Howard Schultz Family Overview
Howard Schultz is the former executive chairman and CEO of Starbucks, the global coffeehouse chain he helped scale into a multibillion-dollar brand. He is married to Sheri Schultz, and together they have three children: Alyssa, Jordan, and Myron. The Schultz family is widely known for their philanthropy, business investments, and ownership stakes in major sports franchises, including the NBA's Seattle Storm and previously the Seattle SuperSonics. Forbes profile of Howard Schultz.
The Schultz family's wealth is primarily derived from Starbucks stock holdings, real estate, and private investments. Howard Schultz has authored multiple books on leadership and business, and he has served as an informal economic advisor in U.S. politics. His family's financial profile reflects a combination of equity compensation, capital gains, and diversified asset management across multiple industries.
Howard Schultz Wife and Children
Sheri Schultz is a former educator and philanthropist who has co-chaired several family-led charitable initiatives. She and Howard Schultz married in 1986 and have been prominent supporters of education reform, early childhood development, and military family programs. Their eldest daughter, Alyssa Schultz, has worked in brand development and creative fields connected to the Starbucks ecosystem.
Jordan Schultz has been involved in business and venture-related activities, while Myron Schultz has maintained a lower public profile. The family has funded scholarship programs and donated to institutions such as Arizona State University and the Starbucks Foundation. Business Insider coverage of Schultz philanthropy.
Howard Schultz Net Worth and Assets
Starbucks Wealth and Equity Holdings
Howard Schultz's net worth has been estimated in the billions by financial outlets, largely driven by his Starbucks equity and compensation during his tenure as CEO and executive chairman. He stepped down as executive chairman in 2018 but retained significant shareholdings and continued to receive dividends and capital appreciation from Starbucks stock.
Real Estate and Private Investments
The Schultz family owns multiple luxury properties in the Pacific Northwest and other high-value markets. Their investment portfolio reportedly includes stakes in private equity funds, technology startups, and sports franchises. SEC filings for Starbucks (SBUX) provide public data on share ownership and executive compensation.
Sports Franchise Ownership
Howard Schultz was the former owner of the Seattle SuperSonics, which relocated to Oklahoma City in 2008 and became the Thunder. The Schultz family later acquired the Seattle Storm, a Women's National Basketball Association team, reinforcing their involvement in professional sports and civic development in the Pacific Northwest.
Philanthropy and Family Foundations
The Schultz family has directed millions to education, disaster relief, and community development through the Starbucks Foundation and independent giving. Their philanthropic strategy focuses on scalable impact, public-private partnerships, and long-term support for underserved communities. Forbes analysis of Schultz philanthropy.