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The Jewish former coffee magnate who now has the White House in his sights

Former Starbucks chief executive Howard Schultz is reportedly bidding to challenge Donald Trump in 2020

June 5, 2018 15:03
Starbucks CEO Howard Schultz speaking in March. He is due to leave the company this month.
2 min read

When Americans come to elect their next president in 2020, they may have had their fill of billionaire businessmen lacking in political experience.

But Howard Schultz, whose decision this week to stand down as executive chairman of Starbucks sparked speculation that he intends to run for the White House, is no Donald Trump.

Mr Schultz has frequently brushed aside suggestions that he has presidential aspirations. 

But following the announcement of his retirement from Starbucks, he left the door rather wider open than previously.