GiveRate / All records / Forbes 400 (Sept. 2026) / Richard Schulze
Richard Schulze
5–10%
Richard Schulze has given an estimated 5–10% of current net worth ($5.1B), based on Forbes' philanthropy score.
- GiveRate
- 5–10%
- Net worth
- $5.1B
- Stated lifetime giving
- Not stated
- Forbes 400
- #336 · Best Buy · Naples, Florida
- Status
- Source-reported range
- Sources
- Forbes 400 profile · Sept. 2026
The math
Forbes philanthropy score 3 of 5: lifetime giving is 5–10% of current net worth. The range is Forbes' own banding; GiveRate shows it as published.
Profile
- Age
- 85
- Residence
- Naples, Florida
- Industry
- Fashion & Retail
- Source of wealth
- Best Buy
- Self-made
- Yes
- One-year change
- $4.4B (#341) in Sept. 2025 to $5.1B (#336) in Sept. 2026, a gain of 16%.
What the range means in dollars
Forbes gives Richard Schulze a philanthropy score of 3 out of 5, meaning lifetime giving equals 5% to 10% of current net worth. On a $5.1B fortune, that implies lifetime giving of roughly between $255M and $510M. 38 of the 400 share this score, 315 score lower and 30 score higher.
For scale: 5% to 10% of a $50,000 household income would be $2,500 to $5,000.
Giving on record
Schulze served as the company's CEO from 1983 to 2002 and stepped down as chairman in 2012, when a scandal erupted around his hand-picked CEO. Schulze aims to give away $1 billion of his fortune in his lifetime, through his family foundation.
From the Forbes profile (Sept. 2026).
Others in Fashion & Retail
- Rob Walton & family: Under 1% · $132B
- Jim Walton & family: 1–5% · $128B
- Alice Walton: 1–5% · $118B
- Lukas Walton: 1–5% · $44.4B
- Phil Knight & family: 14.9% · $25.8B
- Christy Walton: Under 1% · $22.0B
Others in Florida
- Jeff Bezos: 1–5% · $378B
- Larry Ellison: Under 1% · $204B
- Thomas Peterffy: Under 1% · $107B
- Ken Griffin: 4.3% · $60.5B
- David Tepper: 1–5% · $28.5B
- Stephen Ross: 1–5% · $21.5B
Questions
How much has Richard Schulze given to charity?
Forbes scores Richard Schulze 3 of 5 for philanthropy, meaning lifetime giving of 5% to 10% of net worth, roughly between $255M and $510M on a $5.1B fortune.
What is Richard Schulze's net worth?
Forbes estimates $5.1B as of September 2026, ranking #336 on the Forbes 400.
What is Richard Schulze's GiveRate?
5–10%. GiveRate is lifetime giving as a share of wealth, built from published Forbes figures. See giverate.org/methods/ for the method.
GiveRate is an estimate built only from the published figures above. Wealth and giving totals are themselves estimates. See methods. Spot an error? Request a correction. See all Forbes 400 (Sept. 2026) · Open in the interactive rankings · Calculate your own GiveRate