Charles Schwab Net Worth

$11,000,000,000

Charles Schwab is an American businessman and investor with a remarkable net worth of $11 billion. He is the founder of the Charles Schwab Corporation, a discount brokerage firm that manages over $8 trillion worth of client money and has approximately 8 million clients in the U.S. and around the world.

Key facts:

  • Charles Schwab is the founder of the Charles Schwab Corporation, a discount brokerage firm that he founded in 1971 and currently is a publicly traded company.
  • His firm manages over $8 trillion worth of client money for approximately 8 million clients in 300 different offices in the U.S., one in Puerto Rico, and another in London.
  • In 1975, Schwab revolutionized the securities sector by cutting charges to his customers in half, putting his salesmen on hourly salaries, and setting up a toll-free number for clients to place orders any time of day, from anywhere in the world.
  • Charles Schwab & Company manages more than $1 trillion of its clients' money across the globe.
  • Charles Schwab donated $20 million to UC San Francisco and UC Berkeley to study the understanding of dyslexia and other neurodevelopmental conditions that affect learning.

Basic Information About Charles Schwab

CategoryBusiness β€Ί Wall Street
ProfessionsBusinessperson
Net worth$11,000,000,000
Date of birth1937-07-29 (86 years old)
Place of birthSacramento
NationalityUnited States of America
GenderMale
Social Mediaβ†—οΈŽ Wikipedia

Charles Schwab Famous Network

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