After Howard Schultz, the Starbucks titan with an estimated net worth of nearly $3.5 billion, appeared on 60 Minutes and suggested that he may run for President of the United States as an Independent, the media immediately began to focus on what the effect of a serious independent candidate could do to the 2020 election, with some speculating that Schultz could pave the way for Donald Trump’s re-election in the same way that Texas mogul Ross Perot’s independent bid in 1992 allowed Bill Clinton to oust George H.W. Bush.
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But, when I saw the news, I did not immediately think about the presidential election implications, but rather, the reason why Schultz is a public figure in the first place.

When he was running the coffee house Il Giorna, the owner of Starbucks (which then had only six locations in the Seattle area) approached Schultz to buy the six stores … Read the rest of this article!