Schulze School of Entrepreneurship

Schulze School of Entrepreneurship

About our Benefactor, Richard Schulze

Richard Schulze is founder and chairman emeritus of Best Buy Co. Inc., a Fortune 100 company that is the world’s largest multi-channel consumer electronics retailer with stores in the United States, Canada, China and Mexico.

Schulze has devoted more than half of his life to the consumer electronics industry. His wide-ranging career encompasses technical experience, retail and distributor sales, independent manufacturer's representation, and management.

This experience, coupled with an aggressive, contagious and enthusiastic management style, led Schulze in 1966 to found Sound of Music—the chain of 11 stereo component retail stores that in 1983 became Best Buy. Schulze ended his 35-year tenure as chief executive officer in June 2002.

Schulze Hall, home of the Schulze School of Entrepreneurship, was funded through a $50-million gift made in 2000 by Schulze and his late wife, Sandra.