Charles R. Schwab
Charles R. Schwab | |
|---|---|
Schwab in 2025 | |
| Born | Charles Robert Schwab Sr. July 29, 1937 Sacramento, California, U.S. |
| Alma mater | Stanford University (BA, MBA) |
| Occupation | Businessman |
| Known for | Founder, chairman, and former CEO of Charles Schwab Corporation |
| Political party | Republican |
| Spouse(s) | Susan Cotter (div. 1970s) Helen O'Neill |
| Children | 5 |
Charles Robert Schwab Sr. (born July 29, 1937) is an American investor and financial executive. The founder and chairman of the Charles Schwab Corporation, he pioneered discount sales of equity securities starting in 1975. His company became by far the largest discount securities dealer in the United States. He semi-retired from the company in 2008 when he stepped down as CEO, but he remains chairman and is the largest shareholder.
As of 2025, his net worth is estimated by Forbes to be $11.2 billion, making him the 203rd richest person in the world.