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Richard Michael Schulze (born March 25, 1941) is an American billionaire businessman. He is the founder of Best Buy and was chairman and CEO. On the Forbes 2016 list of the world's billionaires, he was ranked number 722 with a net worth of US$ 2.4 billion.
Richard M. Schulze Founder, chairman, and chairman emeritus of Best Buy Co., Inc.
Education High School, Diploma Sold electronics for father's distribution company before opening car stereo store 1966. Lured older customers with appliances, VCRs; took public as Best Buy 1985.
Schulze introduced mass-merchandising techniques to the electronics marketplace and helped to transform the shopping process into a personal experience, shifting the balance of power from the salesperson to the consumer. His focus on customer service, interactive displays, and large, value-priced selections have made Best Buy the undisputed ...
Sep 16, 2023 · Richard Schulze, the billionaire founder of Best Buy, stepped down as the retailer's CEO more than 20 years ago, and launched what's become Minnesota's fourth-largest private foundation.
Language Label Description Also known as; English: Richard M. Schulze. founder of Best Buy
Jun 18, 2013 · Richard Schulze, the founder of Best Buy Co. Inc. and its single-largest shareholder, plans to gradually expand the size of his $100 million family foundation to about $1 billion and donate...
