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The sensational story of Howard Schultz and Starbucks

Parc_336 2 de September del 2016 Business

It was simply known among entrepreneurs like Mr. Starbucks. The truth is that today Starbucks is a company with a net worth of $90,000 million, and Howard Schultz, CEO of the company with an estimated net worth of $3,000 billion, may seem an easy success, but the truth is that getting there it was not easy for Howard Schultz.


Is one of the most beloved and respected by their employees, who comes from a poor family and adulthood had some jobs that are not predicting future success entrepreneurs. Here they are the top 11 moments in the history of the chain and Schutz:

  1. The company Starbucks takes its name after the first officer on board of the Perquod, the mythical ship of the novel Moby Dick, whose business began with partners Jerry Baldwin, Zev Siegel and Gordon Bowker.
  1. In 1971, Starbucks entered the market with a first store in Pike Place Market in Seattle. At first his activity was focused on selling coffee beans and ground coffee for customer for their home. Now the chain has more than 20,000 locations in 60 countries.

      3. Howard Schultz was born in 1953 in Brooklyn, New York. He was the eldest of three brothers of a family of lower class where he could clearly see the disparity of wealth in their own neighborhood.

  1. At age of 7 he experienced poverty when his father broke his ankle while working as a truck driver. Having no social insurance, the family lost all their savings in medical and treatments.
  1. After graduating, he worked for a year at a ski resort in Michigan, and later as a salesman at Xerox and then Hammerplast, whose business was the sale of appliances. In this companies he had its first contact with Starbucks.

6. In the late 70s he married interior designer Sheri Kersch.


      7. Schultz has three children with his wife Breanna Hawes.

      8. Schultz is a fan of basketball and even owned the hometown team: the Seattle SuperSonics.


      9. In 1992 Starbucks begins trading on the Stock Exchange. They came to open seven cafes every day of the year and its current market value reaches 90 billion dollars.


     10. Schultz is one of the best valued entrepreneurs for their own employees and once decided to hire more than 10,000 veterans and their spouses, in a plan that extends to 2018.


     11. Schultz habitual residence is in Seattle. His fortune is estimated at $3.000 billion, according to Forbes.

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