Richard M. Schulze
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Richard M. "Dick" Schulze is the Founder and Chairman of Best Buy. He currently lives in Edina, Minnesota.
He was born and raised in Saint Paul, Minnesota where he graduated from Central High School. He subsequently spent time in the U.S. Air Force with the Minnesota Air National Guard. He has an honorary degree from the University of St. Thomas in Saint Paul. On November 9, 1991, Minnesota Governor Arne Carlson 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 [1]; both schools are in downtown Minneapolis. Schulze sits on the Board of Governors of the UST School of Law.[2]
In 2007 he was ranked #102 on the Forbes 400, a list of the 400 wealthiest Americans. [3]
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