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Charles R. Schwab: Wikis

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Charles Robert Schwab, Jr. (born July 29, 1937) is the founder and former CEO of the Charles Schwab Corporation.

Charles R. Schwab
Born Charles Robert Schwab, Jr.
July 29, 1937 (1937-07-29) (age 72)
Sacramento, California, U.S.
Occupation Businessman/Philanthropist
Known for Founder and former CEO of the Charles Schwab Corporation
Spouse(s) Helen Schwab

On the 2009 Forbes 400 list, Schwab is listed as the 50th richest person in the United States with a fortune of approximately $4.7 billion.[1]

Contents

Early life and academics

Schwab was born in Sacramento, California, and attended school at Holy Rosary Academy in Woodland, California.[2] Schwab is dyslexic but did not know he had the disorder until he was 40, and had no interest in it until he learned his son was dyslexic.[3] One of the aims of the Charles and Helen Schwab Foundation is to assist children with the disorder.[4]

Schwab earned a B.A. in economics from Stanford University in 1959 and an M.B.A. from Stanford Graduate School of Business in 1961. He is a knight of the Sigma Nu Fraternity.

Politics

According to a 2001 report in Mother Jones magazine, Schwab and his wife ranked 73rd among all Republican campaign contributors in the 1998 elections, with $393,500 in donations.[5] Schwab has supported privatizing Social Security accounts. Schwab also has called for increasing tax exemptions for deposits to retirement accounts.

Personal life

Schwab is the father of five children, including one, Sandy, who played Quarterback at Northwestern University.[6][7] He and his wife, Helen, currently live in Atherton, California and are philanthropists.[8]

See also

References

External links

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