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Richard Schulze

US businessman

FloridaRetail

AIProfile Summary

Richard Schulze (born 1941) is a Florida-based retail billionaire with an estimated net worth of ~$4.4B. SEC records list him as an insider filer with a personal CIK and extensive filings tied to Best Buy Co., Inc. (BBY) and several other issuers. His political giving in recent cycles has primarily gone to Republican candidates and committees. Wikidata SEC EDGAR FEC

Business & SEC Activity

SEC EDGAR shows 214 total filings for “SCHULZE RICHARD M,” including 213 insider filings, with company links that include Best Buy Co., Inc. (BBY), Northwest Biotherapeutics (NWBO), Freeport-McMoRan (FCX), Gulf Coast Ultra Deep Royalty Trust (GULTU), and Eagle Capital Growth Fund (GRF). Recent filings include multiple Form 4 reports (used to disclose insiders’ purchases/sales and other ownership changes) and Form 144 notices (a notice of proposed sale of restricted or control securities) in October 2025. The recent sequence of Form 4 and Form 144 filings indicates frequent reported insider activity during that period. SEC EDGAR

Philanthropy

ProPublica nonprofit filings list three foundations associated with the Schulze name with combined assets of $2,748,933 and total grants paid of $0 across the returns provided. In tax year 2023, the Schulze Family Foundation (Mercer Island, WA) reported $1,406,205 in assets and $0 in grants paid, and the Charles T Schulze Foundation (Farmingdale, NY) reported $882,144 in assets and $0 in grants paid. A separate Schulze Family Foundation (Bloomington, MN) reported $460,584 in assets and $0 in grants paid on its 2015 return. ProPublica 990

Political Activity

FEC data shows 100 contributions totaling $47,315.35 from 2022-11-01 to 2025-11-18. The party breakdown reported is $25,458.78 to Republicans, $1,000 to Democrats, and $20,856.57 to PACs/other, with top recipients including Rick Scott for Florida ($16,100), Team Rick Scott ($15,300), the NRSC ($5,000), the Republican Party of Florida ($2,250), and Lets Get To Work PAC ($2,100). Overall, the largest named recipients are Republican committees and candidates. FEC

AI-generated summary from wikidata, fec, propublica_990, sec_edgar 3/10/2026 (gpt-5.2). All claims are derived from the source data shown below.

USU.S. Presence

otherU.S. economic presence

990Philanthropy

$2.7MFoundation Assets
$95KGrants Paid
3Foundations
Schulze Family FoundationMercer Island, WA
Private grantmaking foundation (IRS NTEE T20)
Assets: $1.4MRevenue: $59KGrants: $34KTax Year: 2023
Mission, purpose & full 990 filings → ProPublica Nonprofit Explorer
Schulze Family FoundationBloomington, MN
Private independent foundation (IRS NTEE T22Z)
Assets: $461KRevenue: $21KGrants: $42KTax Year: 2015
Mission, purpose & full 990 filings → ProPublica Nonprofit Explorer
Charles T Schulze FoundationFarmingdale, NY
Private grantmaking foundation (IRS NTEE T20)
Assets: $882KRevenue: $27KGrants: $19KTax Year: 2023
Mission, purpose & full 990 filings → ProPublica Nonprofit Explorer
Source: ProPublica (990) annual filing · latest on record (retrieved 3/9/2026) (proPublica_990)

FECPolitical Contributions

$47KTotal Contributed
100Contributions
2022–2025Date Range

By Party

REP
$25K
PAC/Other
$21K
DEM
$1K

Top Recipients

RICK SCOTT FOR FLORIDA$16K
TEAM RICK SCOTT$15K
NRSC$5K
REPUBLICAN PARTY OF FLORIDA$2K
LETS GET TO WORK PAC$2K
Source: FEC contribution filings · latest on record (retrieved 3/10/2026) (fec)

SECSEC Filings

214Total Filings
213Insider Filings
127EDGAR Mentions
0001006394Personal CIK

Associated Companies

Entities appearing alongside this person in SEC full-text search — an association, not necessarily ownership or control. Follow each link to the primary SEC record to judge for yourself.

Recent Insider Filings

4xslF345X05/doc4.xml
10/31/2025
144xsl144X01/primary_doc.xml
10/30/2025
144xsl144X01/primary_doc.xml
10/29/2025
4xslF345X05/doc4.xml
10/28/2025
144xsl144X01/primary_doc.xml
10/28/2025
144xsl144X01/primary_doc.xml
10/27/2025
144xsl144X01/primary_doc.xml
10/24/2025
4xslF345X05/doc4.xml
10/22/2025
144xsl144X01/primary_doc.xml
10/21/2025
144xsl144X01/primary_doc.xml
10/20/2025
Source: SEC EDGAR regulatory filings · latest on record (retrieved 3/9/2026) (sec_derived)

PBSScore Breakdown

C
31.3
Public Benefit Score

The PBS is a weighted average of 2 components. The formula is open and versioned — the weight percentages below show how much each component contributes to the final score.

Philanthropy65% weight
1%

Evidenced charitable giving — built on what they actually give each year, not parked assets. Dominated by generosity (annual giving relative to net worth — the share of your fortune you give), plus the absolute scale of that giving, plus a small nudge for signing the Giving Pledge (a commitment, not a realized action).

Data: ProPublica 990 charitable disbursements, net worth, The Giving Pledge registry

Transparency35% weight
88%

How much sourced, public accountability data exists — net worth, political contributions, SEC filings, foundation 990s, news coverage, and a verified profile. More public disclosure scores higher.

Data: FEC, SEC EDGAR, ProPublica 990s, GDELT / NewsAPI, Wikidata

Formula (v2): PBS = 65% x Philanthropy + 35% x Transparency

Scored on 6/23/2026 on a 0–100 scale. The score uses only the signals we have populated data for. Goal Impact, Controversy, and Community Approval are deferred until that data exists — Phase 1 goal adoption, controversy detection, and community votes respectively.

All data is sourced from public records. Each section links to its original source. View on Wikidata

Richard Schulze — Public Benefit Score C (31) | Billionaire Army