Richard M. Schulze
Encyclopedia
Dick Schulze is the founder and chairman of Best Buy
Best Buy
Best Buy Co., Inc. is an American specialty retailer of consumer electronics in the United States, accounting for 19% of the market. It also operates in Mexico, Canada & China. The company's subsidiaries include Geek Squad, CinemaNow, Magnolia Audio Video, Pacific Sales, and, in Canada operates...

. He currently lives in Bonita Springs, Florida
Bonita Springs, Florida
Bonita Springs is a city in Lee County, Florida, United States. The population was 43,914 at the 2010 census. It is part of the Cape Coral–Fort Myers Metropolitan Statistical Area. The city is located on the southwest coast of the state....

.

He was born and raised in Saint Paul
Saint Paul, Minnesota
Saint Paul is the capital and second-most populous city of the U.S. state of Minnesota. The city lies mostly on the east bank of the Mississippi River in the area surrounding its point of confluence with the Minnesota River, and adjoins Minneapolis, the state's largest city...

, Minnesota
Minnesota
Minnesota is a U.S. state located in the Midwestern United States. The twelfth largest state of the U.S., it is the twenty-first most populous, with 5.3 million residents. Minnesota was carved out of the eastern half of the Minnesota Territory and admitted to the Union as the thirty-second state...

 where he graduated from Central High School
Central High School (Saint Paul, Minnesota)
Central High School of Saint Paul, is the oldest high school in the state of Minnesota, United States. Founded in 1866 in downtown Saint Paul, Central has educated many leaders in business, government, literature, arts, sciences, and education throughout the state of Minnesota and the United States...

. He subsequently spent time in the U.S. Air Force with the Minnesota Air National Guard
Minnesota Air National Guard
The Minnesota Air National Guard is the air force militia of the U.S. state of Minnesota. It is, along with the Minnesota Army National Guard, an element of the Minnesota National Guard.-Mission:...

. He has an honorary degree from the University of St. Thomas
University of St. Thomas (Minnesota)
The University of St. Thomas is a private, Catholic, liberal arts, and archdiocesan university located in St. Paul and Minneapolis, Minnesota, United States...

 in Saint Paul. On November 9, 1991, Minnesota Governor Arne Carlson
Arne Carlson
Arne Helge Carlson, Sr. is an American politician and the 37th Governor of the state of Minnesota.-Early years, education and family:...

 designated the day as Richard M. Schulze Day.

In 2000, Schulze donated $50 million to the University of St. Thomas, at the time the largest donation to a Minnesota college or university. The money went to help open the UST School of Law, featuring the prominent Schulze Grand Atrium, as well as The Schulze School of Entrepreneurship, part of the St. Thomas College of Business and located in Schulze Hall http://www.stthomas.edu/cob/schoolofentrepreneurship/default.html; both schools are in downtown Minneapolis
Minneapolis, Minnesota
Minneapolis , nicknamed "City of Lakes" and the "Mill City," is the county seat of Hennepin County, the largest city in the U.S. state of Minnesota, and the 48th largest in the United States...

. Schulze sits on the Board of Governors of the UST School of Law.http://www.stthomas.edu/law/about/board.asp

In 2011 he was ranked 157th richest person in America by Forbes
Forbes
Forbes is an American publishing and media company. Its flagship publication, the Forbes magazine, is published biweekly. Its primary competitors in the national business magazine category are Fortune, which is also published biweekly, and Business Week...

, with an estimated worth of $2.5 billion.

External links

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