Richard Schulze
Richard Schulze is number 49 in the 311 Private Wealth Index, with disclosed holdings in listed companies worth about $1.0bn, mainly in Best Buy Co., Inc.. That is about 5,415 times the wealth of a typical US household. 311 Origin: founder. 311 Giving Score: 5 out of 5 (provisional). 311 Future Exposure: medium (46/100), driven by technology change in retail (53/100), led by 5G, Artificial Narrow Intelligence, Biometric Sensors; 100% of disclosed wealth in one company.
Part of the 311 Private Wealth Index (311institute.com). Last updated .
Disclosed holdings
| Company | Value | Latest filing | Role |
|---|---|---|---|
| Best Buy Co., Inc. | $1.0bn | 2026-09-16 |
311 Future Exposure: Medium
Score 46 out of 100: technology 53/100 and trends 40/100. What drives it:
- Technology change in retail (53/100), led by 5G, Artificial Narrow Intelligence, Biometric Sensors
- 100% of disclosed wealth in one company
Technology exposure uses the 311 Starburst: how strongly each emerging technology affects this industry, weighted by how soon it reaches widespread use. Trend exposure covers tariffs and export controls, international sanctions, concentration of wealth. Evidence on company-specific trends is being added. Explore the Starburst.
Giving
The Richard M. Schulze Family Foundation reported grants of $259m across the 7 years of filings available, and assets worth $253m at market value at the end of 2023, together 49.1% of the disclosed wealth above. Source: US foundation tax filings via ProPublica.
How this figure is calculated
Shares disclosed in SEC insider filings, valued at the latest price disclosed in those filings. Private companies, cash, property and holdings listed outside the United States are not included, so this is a minimum, not total wealth. The household comparison uses $192,700, the median US household wealth in the Federal Reserve Survey of Consumer Finances (2022, the latest published).
Related
Questions and answers
What is Richard Schulze's net worth?
Richard Schulze has disclosed holdings in listed companies worth about $1.0bn, according to the 311 Private Wealth Index. This is a minimum: private companies, cash and property are not included.
How much are Richard Schulze's disclosed holdings worth?
About $1.0bn in listed companies, according to the 311 Private Wealth Index.
Where does Richard Schulze's wealth come from?
Mainly from holdings in Best Buy Co., Inc..
Source: SEC insider filings.
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