Charles R. Schwab

Charles R. Schwab
Schwab in 2007
Born
Charles Robert Schwab Sr.

(1937-07-29) July 29, 1937 (age 87)
Alma materStanford University (BA, MBA)
OccupationBusinessman
Known forFounder, chairman, and former CEO of Charles Schwab Corporation
Political partyRepublican
Spouse(s)Susan Cotter (div. 1970s)[1]
Helen O'Neill
Children5

Charles Robert Schwab Sr. (born July 29, 1937) is an American investor and financial executive. He is the founder and chairman of the Charles Schwab Corporation. He pioneered discount sales of equity securities starting in 1975. His company became by far the largest discount securities dealer in the United States. He semi-retired from the company in 2008 when he stepped down as CEO, but he remains chairman and is the largest shareholder.[2][3]

As of October 2024, his net worth is estimated by Forbes to be $10.6 billion, making him the 231st richest person in the world.[4]

  1. ^ Staff, A. O. L. "Charles Schwab's Fatherly Advice: Have a Passion for What You Do -- and Diversify". Archived from the original on June 26, 2017. Retrieved August 11, 2016.
  2. ^ Spicer, Jonathan (July 23, 2008). "Charles Schwab founder stepping down". Reuters. Retrieved March 27, 2021.
  3. ^ "Charles Schwab". Forbes. Retrieved March 27, 2021.
  4. ^ Cite error: The named reference Forbes was invoked but never defined (see the help page).