Charles R. Schwab net worth and biography

Charles Schwab Biography and Net Worth

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 $2.30 billion as of April 22nd, 2024. Mr. Schwab owns 30,641,981 shares of Charles Schwab stock worth more than $2,297,842,155 as of April 26th. This net worth evaluation does not reflect any other assets that Mr. Schwab may own. Additionally, Mr. Schwab receives an annual salary of $2,520,000.00 as Chairman at Charles Schwab. Learn More about Charles R. Schwab's net worth.
How old is Charles R. Schwab?: Mr. Schwab is currently 87 years old. There are 5 older executives and no younger executives at Charles Schwab. Learn More on Charles R. Schwab's age.
What is Charles R. Schwab's salary?: As the Chairman of The Charles Schwab Co., Mr. Schwab earns $2,520,000.00 per year. There are 3 executives that earn more than Mr. Schwab. The highest earning executive at Charles Schwab is Mr. Walter William Bettinger II, CEO & Co-Chairman, who commands a salary of $5,620,000.00 per year. Learn More on Charles R. Schwab's salary.
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?: During the last quarter, Charles R. Schwab has sold $6,661,700.50 in shares of Charles Schwab stock. Most recently, Charles R. Schwab sold 89,275 shares of the business's stock in a transaction on Monday, April 22nd. The shares were sold at an average price of $74.62, for a transaction totalling $6,661,700.50. Following the completion of the sale, the chairman now directly owns 30,641,981 shares of the company's stock, valued at $2,286,504,622.22. 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), Marianne Brown (Director), Marie Chandoha (CEO), Bernard Clark (EVP), Jonathan Craig (EVP), Peter Crawford (CFO), Joan Dea (Director), Christopher Dodds (Director), Mark Goldfarb (Director), William Haraf (Director), Frank Herringer (Director), Terri Kallsen (EVP), Joseph Martinetto (COO), Stephen McLin (Director), Peter Morgan, III (EVP), Nigel Murtagh (EVP), Todd Ricketts (Director), Charles Ruffel (Director), Charles Schwab (Chairman), Carolyn Schwab-Pomerantz (Director), 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 1 times. They purchased a total of 833 shares worth more than $50,438.15. In the last twelve months, insiders at the financial services provider sold shares 29 times. They sold a total of 685,679 shares worth more than $45,213,916.98. The most recent insider tranaction occured on April, 24th when CFO Peter B Crawford sold 5,481 shares worth more than $413,870.31. Insiders at Charles Schwab own 6.6% of the company. Learn More about insider trades at Charles Schwab.
Information on this page was last updated on 4/24/2024.

Charles R. Schwab Insider Trading History at Charles Schwab

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
4/22/2024	Sell	89,275	$74.62	$6,661,700.50	30,641,981
2/22/2024	Sell	58,500	$64.60	$3,779,100.00	61,192,538
2/15/2024	Sell	71,226	$64.99	$4,628,977.74	61,251,038
1/24/2024	Sell	16,390	$63.94	$1,047,976.60	61,331,688
7/26/2023	Sell	75,760	$66.60	$5,045,616.00	59,672,778
7/24/2023	Sell	72,047	$66.66	$4,802,653.02	59,748,538
5/22/2023	Sell	77,640	$51.76	$4,018,646.40	59,771,278
2/13/2023	Sell	95,030	$81.04	$7,701,231.20	60,002,584
2/8/2023	Sell	62,500	$81.54	$5,096,250.00	30,731,256
2/6/2023	Sell	188,670	$80.07	$15,106,806.90	30,856,646
2/3/2023	Sell	129,030	$79.76	$10,291,432.80	30,982,426
2/1/2023	Sell	121,066	$77.84	$9,423,777.44	60,223,399
11/18/2022	Sell	132,050	$79.66	$10,519,103.00	31,111,456
11/11/2022	Sell	132,050	$78.29	$10,338,194.50	31,159,531
11/4/2022	Sell	135,000	$79.26	$10,700,100.00	69,022,467
10/31/2022	Sell	135,000	$79.49	$10,731,150.00	69,184,882
7/28/2022	Sell	149,600	$65.36	$9,777,856.00	69,749,230
7/20/2022	Sell	120,000	$62.70	$7,524,000.00	71,083,305
2/22/2022	Sell	156,860	$85.93	$13,478,979.80
2/17/2022	Sell	58,140	$86.63	$5,036,668.20
2/10/2022	Sell	30,873	$95.50	$2,948,371.50
2/7/2022	Sell	119,280	$92.59	$11,044,135.20
2/3/2022	Sell	119,280	$90.20	$10,759,056.00
2/1/2022	Sell	1,420	$89.43	$126,990.60
1/10/2022	Sell	60,000	$90.07	$5,404,200.00
12/27/2021	Sell	60,000	$85.43	$5,125,800.00
12/20/2021	Sell	60,000	$80.61	$4,836,600.00
11/22/2021	Sell	49,100	$82.43	$4,047,313.00
11/18/2021	Sell	49,100	$81.90	$4,021,290.00
11/15/2021	Sell	49,100	$81.97	$4,024,727.00
11/8/2021	Sell	1,973	$81.75	$161,292.75
11/1/2021	Sell	61,350	$81.67	$5,010,454.50
10/29/2021	Sell	150,000	$82.02	$12,303,000.00
10/27/2021	Sell	768	$83.00	$63,744.00
10/25/2021	Sell	23,698	$83.05	$1,968,118.90
10/22/2021	Sell	120,000	$82.56	$9,907,200.00
10/20/2021	Sell	185,250	$81.18	$15,038,595.00
10/18/2021	Sell	13,000	$80.34	$1,044,420.00
10/11/2021	Sell	28,000	$78.50	$2,198,000.00
10/4/2021	Sell	28,000	$74.47	$2,085,160.00
9/27/2021	Sell	28,000	$77.04	$2,157,120.00
9/22/2021	Sell	14,000	$70.02	$980,280.00
9/13/2021	Sell	21,691	$71.80	$1,557,413.80
9/7/2021	Sell	28,000	$71.91	$2,013,480.00
8/30/2021	Sell	28,000	$75.10	$2,102,800.00
8/25/2021	Sell	70,000	$74.49	$5,214,300.00
8/23/2021	Sell	28,000	$72.31	$2,024,680.00
8/16/2021	Sell	28,000	$72.54	$2,031,120.00
8/13/2021	Sell	70,000	$74.14	$5,189,800.00
8/9/2021	Sell	28,000	$71.92	$2,013,760.00
8/6/2021	Sell	81,400	$71.21	$5,796,494.00
7/21/2021	Sell	2,600	$70.00	$182,000.00
7/12/2021	Sell	25,701	$70.94	$1,823,228.94
7/6/2021	Sell	16,400	$71.82	$1,177,848.00
6/28/2021	Sell	28,000	$72.99	$2,043,720.00
6/21/2021	Sell	28,000	$71.30	$1,996,400.00
6/14/2021	Sell	28,000	$73.05	$2,045,400.00
6/7/2021	Sell	28,000	$75.43	$2,112,040.00
6/1/2021	Sell	28,000	$74.71	$2,091,880.00
5/17/2021	Sell	70,000	$72.64	$5,084,800.00
5/14/2021	Sell	44,380	$72.00	$3,195,360.00
4/28/2021	Sell	100,000	$69.87	$6,987,000.00
4/26/2021	Sell	47,249	$68.00	$3,212,932.00
4/22/2021	Sell	300,000	$65.59	$19,677,000.00
2/22/2021	Sell	266,000	$62.61	$16,654,260.00
2/18/2021	Sell	70,000	$60.91	$4,263,700.00
2/16/2021	Sell	300,000	$60.93	$18,279,000.00
2/12/2021	Sell	325,000	$57.82	$18,791,500.00
2/4/2021	Sell	298,784	$54.46	$16,271,776.64
12/24/2020	Sell	98,870	$52.05	$5,146,183.50
12/17/2020	Sell	98,870	$51.48	$5,089,827.60
12/10/2020	Sell	98,870	$49.86	$4,929,658.20
12/3/2020	Sell	98,870	$50.49	$4,991,946.30
11/27/2020	Sell	98,870	$49.81	$4,924,714.70
11/19/2020	Sell	98,870	$46.87	$4,634,036.90
11/16/2020	Sell	60,921	$47.10	$2,869,379.10
11/13/2020	Sell	22,120	$45.17	$999,160.40
11/11/2020	Sell	180,879	$47.10	$8,519,400.90
11/9/2020	Sell	202,040	$45.34	$9,160,493.60
10/29/2020	Sell	66,288	$37.74	$2,501,709.12
8/5/2020	Sell	200,000	$34.11	$6,822,000.00
7/30/2020	Sell	65,056	$33.19	$2,159,208.64
2/11/2020	Sell	8,500	$47.76	$405,960.00
2/3/2020	Sell	220,000	$45.73	$10,060,600.00
1/30/2020	Sell	327,360	$47.19	$15,448,118.40
11/26/2019	Sell	300,000	$49.01	$14,703,000.00
9/11/2019	Sell	105,422	$42.03	$4,430,886.66
9/5/2019	Sell	105,422	$40.08	$4,225,313.76
5/3/2019	Sell	56,280	$46.27	$2,604,075.60
4/29/2019	Sell	250,000	$45.97	$11,492,500.00
4/25/2019	Sell	250,000	$45.56	$11,390,000.00
4/22/2019	Sell	250,000	$45.29	$11,322,500.00
2/1/2019	Sell	250,000	$47.04	$11,760,000.00
11/15/2018	Sell	383,000	$46.97	$17,989,510.00
7/24/2018	Sell	190,500	$52.75	$10,048,875.00
5/21/2018	Sell	210,750	$59.45	$12,529,087.50
5/16/2018	Sell	101,970	$59.13	$6,029,486.10
5/9/2018	Sell	300,000	$57.99	$17,397,000.00
5/7/2018	Sell	450,000	$56.65	$25,492,500.00
5/4/2018	Sell	200,000	$56.19	$11,238,000.00
4/25/2018	Sell	200,000	$54.60	$10,920,000.00
4/23/2018	Sell	250,000	$54.99	$13,747,500.00
2/14/2018	Sell	74,450	$52.17	$3,884,056.50
1/29/2018	Sell	240,000	$54.03	$12,967,200.00
1/24/2018	Sell	240,000	$55.13	$13,231,200.00
1/18/2018	Sell	300,000	$55.31	$16,593,000.00
11/29/2017	Sell	211,620	$48.30	$10,221,246.00
11/16/2017	Sell	350,000	$44.65	$15,627,500.00
11/10/2017	Sell	200,000	$44.29	$8,858,000.00
10/26/2017	Sell	5,065	$44.78	$226,810.70
10/24/2017	Sell	225,000	$44.89	$10,100,250.00
8/4/2017	Sell	290,000	$43.27	$12,548,300.00
8/1/2017	Sell	350,000	$43.10	$15,085,000.00
7/31/2017	Sell	26,000	$42.80	$1,112,800.00
4/26/2017	Sell	300,000	$40.25	$12,075,000.00
2/15/2017	Sell	738,000	$41.58	$30,686,040.00
11/29/2016	Sell	16,000	$38.51	$616,160.00
11/9/2016	Sell	600,000	$33.28	$19,968,000.00
11/8/2016	Sell	32,210	$32.50	$1,046,825.00
4/27/2016	Sell	50,950	$29.88	$1,522,386.00
4/21/2016	Sell	560,000	$29.02	$16,251,200.00
10/20/2015	Sell	250,000	$29.08	$7,270,000.00
10/19/2015	Sell	100,000	$28.50	$2,850,000.00
5/22/2015	Sell	400,000	$31.54	$12,616,000.00
4/27/2015	Sell	1,047,300	$30.23	$31,659,879.00
4/23/2015	Sell	1,260,000	$30.48	$38,404,800.00
2/3/2015	Sell	722,391	$27.33	$19,742,946.03
1/28/2015	Sell	277,609	$27.23	$7,559,293.07
1/27/2015	Sell	77,209	$27.00	$2,084,643.00
1/26/2015	Sell	200,000	$27.31	$5,462,000.00
11/20/2014	Sell	1,000,000	$28.51	$28,510,000.00
11/17/2014	Sell	500,000	$28.73	$14,365,000.00
11/12/2014	Sell	500,000	$28.90	$14,450,000.00
11/6/2014	Sell	250,000	$28.79	$7,197,500.00
11/4/2014	Sell	500,000	$28.46	$14,230,000.00
10/30/2014	Sell	750,000	$27.63	$20,722,500.00
7/25/2014	Sell	280,000	$27.54	$7,711,200.00
7/24/2014	Sell	720,000	$27.63	$19,893,600.00
7/18/2014	Sell	487,466	$27.45	$13,380,941.70
10/23/2013	Sell	566,973	$23.43	$13,284,177.39
11/13/2012	Sell	1,000,000	$12.90	$12,900,000.00

Charles R. Schwab Buying and Selling Activity at Charles Schwab

Charles Schwab Company Overview

The Charles Schwab Corporation, together with its subsidiaries, operates as a savings and loan holding company that provides wealth management, securities brokerage, banking, asset management, custody, and financial advisory services in the United States and internationally. The company operates in two segments, Investor Services and Advisor Services. It offers brokerage accounts with equity and fixed income trading, margin lending, options trading, futures and forex trading, and cash management capabilities, including certificates of deposit; third-party mutual funds through the Mutual Fund Marketplace and Mutual Fund OneSource service, as well as mutual fund trading and clearing services to broker-dealers; exchange-traded funds; advisory solutions for managed portfolios, separately managed accounts, customized personal advice for tailored portfolios, specialized planning, and full-time portfolio management; banking products comprising checking and savings accounts, first lien residential real estate mortgage loans, home equity lines of credit, and pledged asset lines; and trust custody services, personal trust reporting services, and administrative trustee services. It also provides digital retirement calculators; integrated web-, mobile-, and software-based trading platforms, real-time market data, options trading, premium research, and multi-channel access; self-service education and support tools; online research and analysis tools; equity compensation plan sponsors full-service recordkeeping for stock plans, stock options, restricted stock, performance shares, and stock appreciation rights; retirement plan services; mutual fund clearing services; and advisor services, including interactive tools and educational content. The Company operates through branch offices. The Charles Schwab Corporation was incorporated in 1971 and is headquartered in Westlake, Texas.

Today's Range

Now: $74.99

$74.52

$75.30

50 Day Range

MA: $69.68

$63.58

$75.24

2 Week Range

Now: $74.99

$45.65

$75.55

Volume

5,523,207 shs

Average Volume

7,731,735 shs

Market Capitalization

$133.19 billion

P/E Ratio

31.38

Dividend Yield

1.33%

Beta

1.01

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Charles Schwab Biography and Net Worth

What is Charles R. Schwab's net worth?

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

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Are insiders buying or selling shares of Charles Schwab?