100 Entrepreneurs Who Changed The World
20. Charles R. Schwab 1937-
“The way to get things done is to stimulate competition. I do not mean in a sordid, money-getting way, but in the desire to excel.”
Charles Robert Schwab is an American businessman, investor, and banking mogul. He is the founder of the Charles Schwab Corporation, an American brokerage and banking firm based out of San Francisco, California. In 1975 the company began offering discount brokerage and began one of the world’s largest discount brokers. With over 300 offices, over $1.6 trillion in assets, and over 7.9 million brokerage accounts, Charles Schwab is a financial powerhouse. The firm operates in four main divisions: investing, wealth management, banking, and trading.Charles R. Schwab’s personal net worth is estimated to be greater than $5 billion.