Charles Schwab

Charles Schwab

Charles Schwab (#242)

Global Rank #242
Country Rank #97
Country United States

Charles Schwab is listed among the world billionaires tracked by Iconic Billionaires.

  • $ 13 B
  • Discount brokerage
  • United States
  • M
  • 88 Years

Snapshot

Quick Facts

Global Rank #242
Country Rank #97
Net Worth $12.6B
Previous Worth $12.6B
Worth Change +$0.0B
Country United States
Industry Discount brokerage
Age 88 Years
Gender M
Worth As Of May 4, 2026
Residence Woodside, California
Citizenship United States
World Billionaires List United States Billionaires Discount brokerage

Profile Data

Personal Stats

Age 88
Source Of Wealth Discount brokerage, Self Made
Self Made Score 8
Philanthropy Score 3
Residence Woodside, California
Citizenship United States
Marital Status Married
Children 5
Education Bachelor of Arts/Science, Stanford University; Master of Business Administration, Stanford Graduate School of Business
Net Worth Change +$0.0B +0.0% from previous worth
Previous Net Worth $12.6B
Current Net Worth $12.6B

Worth as of May 4, 2026

About Me

Charles Schwab is co-chairman and founder of the brokerage firm that bears his name. The company averages more than 7 million trades per day across 38 million client accounts worth $11 trillion. Schwab was CEO of the business until 2008 and still owns more than 5% of its stock. He founded the firm as a traditional brick-and-mortar brokerage in 1971, with $100,000 borrowed from his uncle. The business really took off when Schwab started charging half of what full-service brokers did, after an SEC deregulation of brokerage commissions.

Achievements

Forbes List Highlights

A snapshot of the list placements and rankings connected to Charles Schwab.

#232
Billionaires (2026)
#87
Forbes 400 (2025)

Insights

Did You Know?

An avid collector of modern and contemporary art, Schwab once chaired the board of the San Francisco Museum of Modern Art.

Schwab, who found out that he's dyslexic when his son was diagnosed, donates to support research in learning differences.

Schwab's initial venture into the investing world was through a subscriber-based newsletter, the Investment Indicator, that Schwab founded with friends in 1963.

Wealth Growth

Net Worth Growth Over Time

Tracking Charles Schwab's net worth journey over the years, highlighting key growth phases and financial milestones.

Worth Trend Net Worth Growth
Period Change Worth Movement
Current Net Worth: $12.6B (May 4, 2026)

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