Former Starbucks CEO Howard Schultz announced he is “seriously considering running for president” Sunday night, raising the prospect of a 2020 election with at least two billionaire candidates.
As far as billionaires go, Schultz and Trump could hardly be more different. The former Starbucks CEO grew up in subsidized housing in Brooklyn. He started working at Starbucks in 1982, back when it was just a modest Seattle business. Today the coffee chain has more than 15,000 stores around the world, and Schultz is worth an estimated $3.4 billion. “I’m still this kid from Brooklyn who wanted to fight his way out,” Schultz said when he appeared on the cover of Forbes’ billionaires issue three years ago. Continue reading “Howard Schultz Explains Why His Billionaire Candidacy Would Be Different Than Trump’s”