Charles R. Schwab net worth and biography

Charles Schwab Biography and Net Worth

Chairman of Charles Schwab

Charles Schwab is an American investor and the founder of Charles Schwab Corporation, a leading financial services firm and a pioneer of the discount brokerage industry.

Founded in 1971 as First Commander Corporation, Schwab's company offered the perfect pairing of low prices and efficient executions. It was renamed Charles Schwab & Co. in 1973, and today, it’s the country’s largest publicly-traded investment firm, with over $4 trillion in client assets. 

Schwab is often credited with “democratizing” investments, having driven numerous innovations to help people improve their saving and investing. He challenged the industry status quo by doing away with commissions, markups and fees, and front-end loads, basing his business on discount per-trade fees.

Today, Charles Schwab Corp. provides full-service banking and investing to its clients and investors globally. Schwab has served as chairman since its founding, and he was CEO for most of the company’s history until he stepped down in 2008. 

Schwab is an active philanthropist as well. Together with his wife, he co-founded The Charles and Helen Schwab Foundation to support organizations in the areas of poverty prevention, education, health, and human services. He also served as chairman of the board for the San Francisco Museum of Modern Art for 10 years until 2018.

In 2008, President George W. Bush appointed Schwab chairman of the President's Advisory Council on Financial Literacy, an initiative that advised the president and the secretary of the treasury on methods to increase financial literacy. 

Schwab has also authored several best-selling books, including Invested: Changing Forever the Way Americans Invest; How to Be Your Own Stockbroker; Charles Schwab's Guide to Financial Independence; You're Fifty—Now What?; and It Pays to Talk, co-written with his daughter, Carrie Schwab-Pomerantz.

Schwab earned his B.A. in economics from Stanford University and his M.B.A from the Stanford Graduate School of Business. 

What is Charles R. Schwab's net worth?

The estimated net worth of Charles R. Schwab is at least $3.57 billion as of February 13th, 2023. Mr. Schwab owns 60,002,584 shares of Charles Schwab stock worth more than $3,568,353,670 as of March 21st. This net worth evaluation does not reflect any other assets that Mr. Schwab may own. Learn More about Charles R. Schwab's net worth.

How do I contact Charles R. Schwab?

The corporate mailing address for Mr. Schwab and other Charles Schwab executives is 211 MAIN STREET, SAN FRANCISCO CA, 94105. Charles Schwab can also be reached via phone at (817) 859-5000 and via email at [email protected] Learn More on Charles R. Schwab's contact information.

Has Charles R. Schwab been buying or selling shares of Charles Schwab?

Within the last three months, Charles R. Schwab has sold $47,619,498.34 in shares of Charles Schwab stock. Most recently, Charles R. Schwab sold 95,030 shares of the business's stock in a transaction on Monday, February 13th. The shares were sold at an average price of $81.04, for a transaction totalling $7,701,231.20. Following the completion of the sale, the chairman now directly owns 60,002,584 shares of the company's stock, valued at $4,862,609,407.36. Learn More on Charles R. Schwab's trading history.

Who are Charles Schwab's active insiders?

Charles Schwab's insider roster includes Walter Bettinger (CEO), Marie Chandoha (CEO), Bernard Clark (EVP), Jonathan Craig (EVP), Peter Crawford (CFO), Joan Dea (Director), Christopher Dodds (Director), Mark Goldfarb (Director), William Haraf (Director), Terri Kallsen (EVP), Joseph Martinetto (COO), Stephen McLin (Director), Peter Morgan, III (EVP), Nigel Murtagh (EVP), Charles Ruffel (Director), Charles Schwab (Chairman), Paula Sneed (Director), Roger Walther (Director), and Richard Wurster (President). Learn More on Charles Schwab's active insiders.

Are insiders buying or selling shares of Charles Schwab?

In the last twelve months, Charles Schwab insiders bought shares 9 times. They purchased a total of 180,169 shares worth more than $11,521,318.31. In the last twelve months, insiders at the financial services provider sold shares 25 times. They sold a total of 1,611,047 shares worth more than $123,952,777.96. The most recent insider tranaction occured on March, 17th when President Richard A Wurster bought 2,000 shares worth more than $108,780.00. Insiders at Charles Schwab own 6.9% of the company. Learn More about insider trades at Charles Schwab.

Information on this page was last updated on 3/17/2023.

Charles R. Schwab Insider Trading History at Charles Schwab

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
2/13/2023Sell95,030$81.04$7,701,231.2060,002,584View SEC Filing Icon  
2/8/2023Sell62,500$81.54$5,096,250.0030,731,256View SEC Filing Icon  
2/6/2023Sell188,670$80.07$15,106,806.9030,856,646View SEC Filing Icon  
2/3/2023Sell129,030$79.76$10,291,432.8030,982,426View SEC Filing Icon  
2/1/2023Sell121,066$77.84$9,423,777.4460,223,399View SEC Filing Icon  
11/18/2022Sell132,050$79.66$10,519,103.0031,111,456View SEC Filing Icon  
11/11/2022Sell132,050$78.29$10,338,194.5031,159,531View SEC Filing Icon  
11/4/2022Sell135,000$79.26$10,700,100.0069,022,467View SEC Filing Icon  
10/31/2022Sell135,000$79.49$10,731,150.0069,184,882View SEC Filing Icon  
7/28/2022Sell149,600$65.36$9,777,856.0069,749,230View SEC Filing Icon  
7/20/2022Sell120,000$62.70$7,524,000.0071,083,305View SEC Filing Icon  
2/22/2022Sell156,860$85.93$13,478,979.80View SEC Filing Icon  
2/17/2022Sell58,140$86.63$5,036,668.20View SEC Filing Icon  
2/10/2022Sell30,873$95.50$2,948,371.50View SEC Filing Icon  
2/7/2022Sell119,280$92.59$11,044,135.20View SEC Filing Icon  
2/3/2022Sell119,280$90.20$10,759,056.00View SEC Filing Icon  
2/1/2022Sell1,420$89.43$126,990.60View SEC Filing Icon  
1/10/2022Sell60,000$90.07$5,404,200.00View SEC Filing Icon  
12/27/2021Sell60,000$85.43$5,125,800.00View SEC Filing Icon  
12/20/2021Sell60,000$80.61$4,836,600.00View SEC Filing Icon  
11/22/2021Sell49,100$82.43$4,047,313.00View SEC Filing Icon  
11/18/2021Sell49,100$81.90$4,021,290.00View SEC Filing Icon  
11/15/2021Sell49,100$81.97$4,024,727.00View SEC Filing Icon  
11/8/2021Sell1,973$81.75$161,292.75View SEC Filing Icon  
11/1/2021Sell61,350$81.67$5,010,454.50View SEC Filing Icon  
10/29/2021Sell150,000$82.02$12,303,000.00View SEC Filing Icon  
10/27/2021Sell768$83.00$63,744.00View SEC Filing Icon  
10/25/2021Sell23,698$83.05$1,968,118.90View SEC Filing Icon  
10/22/2021Sell120,000$82.56$9,907,200.00View SEC Filing Icon  
10/20/2021Sell185,250$81.18$15,038,595.00View SEC Filing Icon  
10/18/2021Sell13,000$80.34$1,044,420.00View SEC Filing Icon  
10/11/2021Sell28,000$78.50$2,198,000.00View SEC Filing Icon  
10/4/2021Sell28,000$74.47$2,085,160.00View SEC Filing Icon  
9/27/2021Sell28,000$77.04$2,157,120.00View SEC Filing Icon  
9/22/2021Sell14,000$70.02$980,280.00View SEC Filing Icon  
9/13/2021Sell21,691$71.80$1,557,413.80View SEC Filing Icon  
9/7/2021Sell28,000$71.91$2,013,480.00View SEC Filing Icon  
8/30/2021Sell28,000$75.10$2,102,800.00View SEC Filing Icon  
8/25/2021Sell70,000$74.49$5,214,300.00View SEC Filing Icon  
8/23/2021Sell28,000$72.31$2,024,680.00View SEC Filing Icon  
8/16/2021Sell28,000$72.54$2,031,120.00View SEC Filing Icon  
8/13/2021Sell70,000$74.14$5,189,800.00View SEC Filing Icon  
8/9/2021Sell28,000$71.92$2,013,760.00View SEC Filing Icon  
8/6/2021Sell81,400$71.21$5,796,494.00View SEC Filing Icon  
7/21/2021Sell2,600$70.00$182,000.00View SEC Filing Icon  
7/12/2021Sell25,701$70.94$1,823,228.94View SEC Filing Icon  
7/6/2021Sell16,400$71.82$1,177,848.00View SEC Filing Icon  
6/28/2021Sell28,000$72.99$2,043,720.00View SEC Filing Icon  
6/21/2021Sell28,000$71.30$1,996,400.00View SEC Filing Icon  
6/14/2021Sell28,000$73.05$2,045,400.00View SEC Filing Icon  
6/7/2021Sell28,000$75.43$2,112,040.00View SEC Filing Icon  
6/1/2021Sell28,000$74.71$2,091,880.00View SEC Filing Icon  
5/17/2021Sell70,000$72.64$5,084,800.00View SEC Filing Icon  
5/14/2021Sell44,380$72.00$3,195,360.00View SEC Filing Icon  
4/28/2021Sell100,000$69.87$6,987,000.00View SEC Filing Icon  
4/26/2021Sell47,249$68.00$3,212,932.00View SEC Filing Icon  
4/22/2021Sell300,000$65.59$19,677,000.00View SEC Filing Icon  
2/22/2021Sell266,000$62.61$16,654,260.00View SEC Filing Icon  
2/16/2021Sell300,000$60.93$18,279,000.00View SEC Filing Icon  
2/12/2021Sell325,000$57.82$18,791,500.00View SEC Filing Icon  
12/24/2020Sell98,870$52.05$5,146,183.50View SEC Filing Icon  
12/17/2020Sell98,870$51.48$5,089,827.60View SEC Filing Icon  
12/10/2020Sell98,870$49.86$4,929,658.20View SEC Filing Icon  
12/3/2020Sell98,870$50.49$4,991,946.30View SEC Filing Icon  
11/27/2020Sell98,870$49.81$4,924,714.70View SEC Filing Icon  
11/16/2020Sell60,921$47.10$2,869,379.10View SEC Filing Icon  
11/11/2020Sell180,879$47.10$8,519,400.90View SEC Filing Icon  
11/9/2020Sell202,040$45.34$9,160,493.60View SEC Filing Icon  
10/29/2020Sell66,288$37.74$2,501,709.12View SEC Filing Icon  
8/5/2020Sell200,000$34.11$6,822,000.00View SEC Filing Icon  
7/30/2020Sell65,056$33.19$2,159,208.64View SEC Filing Icon  
2/11/2020Sell8,500$47.76$405,960.00View SEC Filing Icon  
2/3/2020Sell220,000$45.73$10,060,600.00View SEC Filing Icon  
1/30/2020Sell327,360$47.19$15,448,118.40View SEC Filing Icon  
11/26/2019Sell300,000$49.01$14,703,000.00View SEC Filing Icon  
9/11/2019Sell105,422$42.03$4,430,886.66View SEC Filing Icon  
9/5/2019Sell105,422$40.08$4,225,313.76View SEC Filing Icon  
5/3/2019Sell56,280$46.27$2,604,075.60View SEC Filing Icon  
4/29/2019Sell250,000$45.97$11,492,500.00View SEC Filing Icon  
4/25/2019Sell250,000$45.56$11,390,000.00View SEC Filing Icon  
4/22/2019Sell250,000$45.29$11,322,500.00View SEC Filing Icon  
2/1/2019Sell250,000$47.04$11,760,000.00View SEC Filing Icon  
11/15/2018Sell383,000$46.97$17,989,510.00View SEC Filing Icon  
7/24/2018Sell190,500$52.75$10,048,875.00View SEC Filing Icon  
5/21/2018Sell210,750$59.45$12,529,087.50View SEC Filing Icon  
5/16/2018Sell101,970$59.13$6,029,486.10View SEC Filing Icon  
5/9/2018Sell300,000$57.99$17,397,000.00View SEC Filing Icon  
5/7/2018Sell450,000$56.65$25,492,500.00View SEC Filing Icon  
5/4/2018Sell200,000$56.19$11,238,000.00View SEC Filing Icon  
4/25/2018Sell200,000$54.60$10,920,000.00View SEC Filing Icon  
4/23/2018Sell250,000$54.99$13,747,500.00View SEC Filing Icon  
2/14/2018Sell74,450$52.17$3,884,056.50View SEC Filing Icon  
1/29/2018Sell240,000$54.03$12,967,200.00View SEC Filing Icon  
1/24/2018Sell240,000$55.13$13,231,200.00View SEC Filing Icon  
1/18/2018Sell300,000$55.31$16,593,000.00View SEC Filing Icon  
11/29/2017Sell211,620$48.30$10,221,246.00View SEC Filing Icon  
11/16/2017Sell350,000$44.65$15,627,500.00View SEC Filing Icon  
11/10/2017Sell200,000$44.29$8,858,000.00View SEC Filing Icon  
10/26/2017Sell5,065$44.78$226,810.70View SEC Filing Icon  
10/24/2017Sell225,000$44.89$10,100,250.00View SEC Filing Icon  
8/4/2017Sell290,000$43.27$12,548,300.00View SEC Filing Icon  
8/1/2017Sell350,000$43.10$15,085,000.00View SEC Filing Icon  
7/31/2017Sell26,000$42.80$1,112,800.00View SEC Filing Icon  
4/26/2017Sell300,000$40.25$12,075,000.00View SEC Filing Icon  
2/15/2017Sell738,000$41.58$30,686,040.00View SEC Filing Icon  
11/29/2016Sell16,000$38.51$616,160.00View SEC Filing Icon  
11/9/2016Sell600,000$33.28$19,968,000.00View SEC Filing Icon  
11/8/2016Sell32,210$32.50$1,046,825.00View SEC Filing Icon  
4/27/2016Sell50,950$29.88$1,522,386.00View SEC Filing Icon  
4/21/2016Sell560,000$29.02$16,251,200.00View SEC Filing Icon  
10/20/2015Sell250,000$29.08$7,270,000.00View SEC Filing Icon  
10/19/2015Sell100,000$28.50$2,850,000.00View SEC Filing Icon  
5/22/2015Sell400,000$31.54$12,616,000.00View SEC Filing Icon  
4/27/2015Sell1,047,300$30.23$31,659,879.00View SEC Filing Icon  
4/23/2015Sell1,260,000$30.48$38,404,800.00View SEC Filing Icon  
2/3/2015Sell722,391$27.33$19,742,946.03View SEC Filing Icon  
1/28/2015Sell277,609$27.23$7,559,293.07View SEC Filing Icon  
1/27/2015Sell77,209$27.00$2,084,643.00View SEC Filing Icon  
1/26/2015Sell200,000$27.31$5,462,000.00View SEC Filing Icon  
11/20/2014Sell1,000,000$28.51$28,510,000.00View SEC Filing Icon  
11/17/2014Sell500,000$28.73$14,365,000.00View SEC Filing Icon  
11/12/2014Sell500,000$28.90$14,450,000.00View SEC Filing Icon  
11/6/2014Sell250,000$28.79$7,197,500.00View SEC Filing Icon  
11/4/2014Sell500,000$28.46$14,230,000.00View SEC Filing Icon  
10/30/2014Sell750,000$27.63$20,722,500.00View SEC Filing Icon  
7/25/2014Sell280,000$27.54$7,711,200.00View SEC Filing Icon  
7/24/2014Sell720,000$27.63$19,893,600.00View SEC Filing Icon  
7/18/2014Sell487,466$27.45$13,380,941.70View SEC Filing Icon  
10/23/2013Sell566,973$23.43$13,284,177.39View SEC Filing Icon  
11/13/2012Sell1,000,000$12.90$12,900,000.00View SEC Filing Icon  
See Full Table

Charles R. Schwab Buying and Selling Activity at Charles Schwab

This chart shows Charles R Schwab's buying and selling at Charles Schwab by year and by quarter.

Skip ChartChart Data in Insider Trading History Table

Charles Schwab Company Overview

Charles Schwab logo
The Charles Schwab Corp. is a savings and loan holding company, which engages in the provision of wealth management, securities brokerage, banking, asset management, custody, and financial advisory services. It operates through the Investor Services and Advisor Services segments. The Investor Services segment includes retail brokerage and banking services to individual investors, and retirement plan services, as well as other corporate brokerage services, to businesses and their employees. The Advisor Services segment provides custodial, trading, retirement business, and support services, as well as retirement business services to independent registered investment advisors, independent retirement advisors, and record keepers. The company was founded by Charles R. Schwab in 1986 and is headquartered in Westlake, TX.
Read More

Today's Range

Now: $59.47
Low: $57.32
High: $60.00

50 Day Range

MA: $75.37
Low: $51.91
High: $83.49

2 Week Range

Now: $59.47
Low: $45.00
High: $93.16


38,979,914 shs

Average Volume

34,441,528 shs

Market Capitalization

$106.54 billion

P/E Ratio


Dividend Yield