Charles Schwab

  • Charles Schwab is chairman and founder of the eponymous brokerage firm, which manages $3.75 trillion worth of assets.
  • He was CEO of the company until 2008, and remains the largest shareholder with an 11% stake.
  • Schwab 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.
  • A dyslexic and parent of one, Schwab donates to support research in learning differences.