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Richard Schulze

Richard Schulze

Richard Schulze (#835)

Global Rank #835
Country Rank #338
Country United States

Richard Schulze is listed among the world billionaires tracked by Iconic Billionaires.

  • $ 5 B
  • Best Buy
  • United States
  • M
  • 85 Years

Snapshot

Quick Facts

Global Rank #835
Country Rank #338
Net Worth $5.1B
Previous Worth $5.1B
Worth Change +$0.0B
Country United States
Industry Best Buy
Age 85 Years
Gender M
Worth As Of May 4, 2026
Last Refreshed 10 Sep 2026, 12:00 AM
Residence Naples, Florida
World Billionaires List United States Billionaires Best Buy

Profile Data

Personal Stats

Age 85
Source Of Wealth Best Buy, Self Made
Self Made Score 8
Philanthropy Score 3
Residence Naples, Florida
Citizenship United States
Marital Status Widowed, Remarried
Children 10
Education Diploma, High School
Net Worth Change +$0.0B +0.0% from previous worth
Previous Net Worth $5.1B
Current Net Worth $5.1B

Worth as of May 4, 2026

About Me

Richard Schulze worked as an electronics components manufacturer representative before opening his stereo equipment shop, Sound of Music, in 1966. He grew it into the chain of superstores he renamed Best Buy. He is chairman emeritus of Best Buy and its largest individual shareholder, with a 5% stake. Schulze served as the company's CEO from 1983 to 2002 and stepped down as chairman in 2012, when a scandal erupted around his hand-picked CEO. Schulze aims to give away $1 billion of his fortune in his lifetime, through his family foundation.

Insights

Did You Know?

Schulze and his wife Maureen Maureen, who both lost their first spouses to mesothelioma cancer, donated $6 million to Moffitt Cancer Center in 2018.

Wealth Growth

Net Worth Growth Over Time

Tracking Richard Schulze's net worth journey over the years, highlighting key growth phases and financial milestones.

Worth Trend Net Worth Growth
Period Change Worth Movement
Current Net Worth: $5.1B (May 4, 2026)

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