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On this page you will find information about Starbucks Net Worth, History, Assets, Income, Liabilities, Total Employees, Net Income and many other information. Starbucks is a network of coffee shops and cafes based in the United States that operates worldwide. It is one of the most successful companies in the world selling cassettes as a product. In 2022, Starbucks is expected to have a net worth of $104 billion. It is currently a well-known and famous company around the world that runs a chain of coffee shops, and consumers around the world like to buy their coffee from these outlets. In 2021, Starbucks has a total of 33,833 locations in 80 different countries, 15,444 of which are in the United States of America.
Starbucks is also noted to have increased the popularity of coffee around the world by offering a diverse selection of items. It offers a wide variety of coffee-related items, including cold drinks, bean, espresso, and caffe latte coffee, among others. It has experienced significant expansion since its launch, to the point where most consumers today choose Starbucks as their preferred coffee provider for their daily activities. Their success can be attributed to the fact that they provide a high level of service and a satisfying buying experience for the products they sell. In addition to Facebook, look at the fortunes of Apple and Amazon.
net worth: | $104 billion |
Surname: | Starbucks |
Salary: | $31.983 billion |
Date of birth: | March 30, 1971 |
Profession: | Coffee shop |
Nationality: | American |
Starbucks fortune
Starbucks has long been famous for the classic items it sells, and the company has found tremendous success in this space. Starbucks is projected to have a net worth of $104 billion by 2022. In addition, the company’s annual sales have increased significantly in recent years. In 2015, Starbucks had total revenue of $19.163 billion, which has grown to $29.163 billion to date. Also, it’s about double the sales from the past five years.
In 2021, it was also the company that had accumulated the greatest total wealth with $31.393 billion. The company’s stock was trading at $90.79 per share, but in June 2021 it hit a high of $125 per share, which was the all-time high for this stock. From all of these recent events, it is clear to us that the company has experienced tremendous expansion over the course of some of the last few years. In 2022, Starbucks net worth is estimated at $104.17 billion.
Surname | Starbucks |
Net worth 2022 | $104 billion |
Net Worth in Indian Rupees | Rs. 8.50 lakh crore |
net income: | $4.16 billion |
revenue | $31.983 billion |
total assets | $28.156 billion |
PE ratio | 28.13. |
Founder: | Gordon Bowker, Jerry Baldwin, and Zev Siegl |
chairman | Howard Schultz (April 4, 2022–April 1, 2023) |
Headquarters: | Seattle, Washington, USA |
Founded: | March 30, 1971 |
number of employees | 383,000 partners (2021) |
area served | 84 countries |
Number of locations | 34,317 (2022) |
subsidiaries: | Ethos Water, Evolution Fresh, Teavana, Torrefazione Italia, Tata Starbucks (India) |
website | starbucks.com |
Also Read: Starbucks Net Worth 2022: Assets Income Revenue PE Ratio
Starbucks Foundation
In 1971, Jerry Baldwin, Zev Siegl, and Gordon Bowker laid the foundation for what would become Starbucks and gave the company its current name. The business partner initially settled on the idea of selling high-quality coffee beans in addition to the equipment required for roasting coffee. The company has started selling its wares and is quickly becoming well known in the neighborhood where it is based. In 1984, the company expanded the store to six, where it also began serving espresso coffee. This expansion marked the beginning of the company’s success.
In 1989, the company managed to establish a total of 46 Starbucks locations in the Midwest and Pacific Northwest. Since its inception, the company has experienced tremendous expansion that has resulted in the company gaining prominence in the United States. The company then began expanding its operations to other countries and as a result began issuing licenses to people who wanted to establish a line of business in those countries. It was the beginning of Starbucks, which has since become the most successful company in the industry. Check out Microsoft’s net worth as well.
Starbucks earnings 2022
Annual sales of Starbucks | (million US dollars) |
---|---|
2022 | $31,983 |
2021 | $29,061 |
2020 | $23,518 |
2019 | $26,509 |
2018 | $24,720 |
2017 | $22,387 |
2016 | $21,316 |
2015 | $19,163 |
2014 | $16,448 |
2013 | $14,867 |
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Starbucks Net Worth 2022
Starbucks fortune | (million US dollars) |
---|---|
2022 | $28,156 |
2021 | $31,393 |
2020 | $29,375 |
2019 | $19,220 |
2018 | $24,156 |
2017 | $14,366 |
2016 | $14,313 |
2015 | $12,416 |
2014 | $10,753 |
2013 | $11,517 |
Starbucks liabilities 2022
Total debt for Starbucks for the fiscal quarter ended June 30, 2022 was $36.815 billion.
Total debt for Starbucks in 2021 was $36.707 billion.
Starbucks total debt for 2020 was $37.174 billion.
Total debt for Starbucks in 2019 was $25.451 billion.
Starbucks liabilities | million dollars |
---|---|
2022 | $36,815 |
2021 | $36,707 |
2020 | $37,174 |
2019 | $25,451 |
2018 | $22,981 |
2017 | $8,909 |
2016 | $8,422 |
2015 | $6,597 |
2014 | $5,479 |
2013 | $7,034 |
Starbucks Evolution
The journey Starbucks has taken from a company that sold coffee beans and equipment to a company that sells a wide variety of coffees is fascinating. Since its inception, the company has made a significant number of strategic changes and expanded its market presence through the acquisition of a significant number of the most successful companies in its industry. In 1984, the company made its first acquisition, a company called Peet’s Coffee. Peet’s Coffee was also one of the most successful companies in the business at the time of purchase. In 1984, the company again bought The Coffee Connection, a location where it sold the beverage, and Starbucks was thus licensed to market the “Frappuccino” beverage.
One of the most significant investments the company has made is the purchase of Seattle’s Best Coffee and Torrefazione Italia from AFC Enterprises for a combined consideration of $72 million. This was one of the company’s most recent endeavors. In 2008 and 2009, they also bought their stake in a company called the Coffee Equipment Company, with the intention of expanding their business even further. The organization has been successful in its work thanks to the many different things that have been done within the company to take its business to the next level. Check out Google’s net worth while you’re at it.
Social Media Accounts
More than 17.8 million followers | click here | |
More than 11 million followers | click here | |
More than 30 million followers | click here | |
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Starbucks: Awards and Achievements
Based on positive reviews and comments from customers, Starbucks has seen explosive growth in the industry in recent years. It has received praise from those working in the field. The company was also honored for its numerous achievements and awards. This organization received the National Recycling Coalition Recycling Works Award in 2005. It is also ranked 114th on the Fortune 500 list and 288th on the Forbes Global 2000 list. During its many years of activity in the sector, this company has been honored with a number of prestigious awards and achievements.
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