Richard M. Schulze. Richard Michael Schulze (born January 1941) is an American businessman. He is the founder of Best Buy and previously served as chairman and CEO. On the Forbes 2016 list of the world's billionaires, he was ranked #722 with a net worth of US$ 2.4 billion.Net worth: US$3.8 billion (Forbes 2019). Aug 22, 2016 · Fifty years ago today, Dick Schulze opened a small store called Sound of Music in St. Paul, Minnesota, that sold stereos, speakers, vinyl records and other products related to music. Little did he know that it would become Best Buy, a nearly $40 billion company that now sells everything from TVs and laptops to drones and virtual-reality headsets.
Mar 18, 2019 · Though shy of its all-time high of $84 a share, founder and chairman emeritus Dick Schulze used the bump from a winning fiscal fourth quarter — and a $3 billion stock buyback plan — to sell off large chunks of his Best Buy holdings this month.Author: Alan Wolf. Dec 24, 2016 · In investing in REX, Dick noted the many similarities to what REX is accomplishing to what Best Buy had achieved in becoming a company with nearly $50 billion in revenue and a $15 billion market Author: REX.
Apr 23, 2018 · Dick Schulze has seen it all. As the founder of Best Buy, he’s lead a business that’s constantly changing tack as the tech landscape morphs into something nearly unrecognizable from what it was decades ago. “What are people doing with (VCRs) anymore? Dec 14, 2012 · The market is somewhat pleased that Schulze is potentially presenting a formal bid and it bid Best Buy's shares up by 15% on December 13th, 2012. Schulze originally outlined a $24-$26 per share bid for Best Buy during the summer however Best Buy's sales slump and Author: Saibus Research.
Aug 16, 2012 · The drums are beating louder as Richard Schulze pressures Best Buy's board of directors to let him take the company private. The former executive team, the ones who built Best Buy Author: Laura Heller.