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Best Buy Co., Inc. is an American multinational consumer electronics retailer headquartered in Richfield, Minnesota. Originally founded by Richard M. Schulze and James Wheeler in 1966 as an audio specialty store called Sound of Music, it was rebranded under its current name with an emphasis on consumer electronics in 1983.
RICHARD SCHULZE • Net Worth $4 Billion • House • Yacht • Private Jet • Best Buy. Yacht Owner Photos Location For Sale & Charter News. Who is Richard Schulze? Richard M. Schulze is a well-known American entrepreneur and philanthropist, best known as the founder of Best Buy.
- Maureen Schulze
- January 1, 1941
Under his leadership, this one store grew into the Best Buy that we know today. Dick, Best Buy’s Founder and Chairman Emeritus, along with his late wife, Sandy, believed that a company is a family. They embedded the spirit of giving back and taking care of one another into the culture of Best Buy.
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.
Dec 22, 2023 · Richard M. Schulze, the ambitious founder, embarked on his entrepreneurial journey with a store named Sound of Music. Funded by personal savings and a second mortgage on his family home, Schulze’s first store was a leap of faith into home and car stereo retail.
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.
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Richard M. Schulze. Best Buy. 1966–2002. Industry: Retail. Era: 1960. Schulze transformed his small Sound of Music electronic store into an electronics retailing giant – Best Buy.
