Person profile
Founder and co-chairman of The Charles Schwab Corporation
"Valued as of" is the effective date of the market closes, exchange rates, and filings inside the estimate. "Sources checked" is when the pipeline last verified those sources successfully. A weekend check can confirm a Friday valuation without inventing weekend movement.
As of September 4, 2026, Charles Schwab's estimated net worth is about $10.3B(10.3 billion US dollars). That places Charles Schwab at #20 among the people Net Worth Leader currently tracks.
This is an estimate of assets minus documented liabilities. It is not a cash balance, and many holdings may be restricted, pledged, illiquid, or difficult to value.
Charles Schwab founded the discount brokerage that bears his name in 1971 and remains its co-chairman and largest individual shareholder. His estimate values the shares reported in his frequent Form 4 filings, which in 2026 have recorded regular gifts and sales.
Schwab built the firm on discounted commissions after the 1975 deregulation of brokerage fees, sold it to Bank of America in 1983, bought it back in 1987, and listed it the same year. The 2020 acquisition of TD Ameritrade made it one of the largest US brokerages by client assets.
The estimate moves with Schwab's share price. Weekly gifts and sales reported in Forms 4 have been lowering the count through mid-2026.
Charles Schwab's estimate declined mainly because The Charles Schwab Corporation shares decreased from the prior comparable close.
A one-day estimate change is not the same as income, profit, or a realized gain or loss.
| Component | Class | Ownership | Valuation basis | Central value | Supported range | Evidence date | Price date | Sources | Freshness |
|---|---|---|---|---|---|---|---|---|---|
| Charles Schwab common stock held by trusts, a family limited partnership, and 188 CorpThe Charles Schwab Corporation (SCHW, Common stock) | listed equity | indirect (94,366,026 units) | Listed close | 10.3 billion US dollars | Priced value | [1] Charles R. Schwab, Form 4 (The Charles Schwab Corporation), [2] Daily unadjusted closing prices, chart endpoint | current |
Liabilities without a documented value are never shown as zero; they are simply not included, and that limitation is part of source coverage below.
100.0% of this profile's modeled gross value is supported by Tier 1 or Tier 2 evidence (primary filings, official documents, licensed market data, or audited accounts). The profile carries a strong coverage label.
No meaningful range beyond the central estimate is supported for this profile, so only the central value is published. Unknown liabilities are not evidence that no liabilities exist. No personal liability is documented for this profile, so none is deducted.
The timeline runs from June 12, 2026 to September 4, 2026; the latest estimate is higher than the first point. Points before August 20, 2026 are labeled modeled reconstructions: today's reviewed ownership records applied to the closing prices of each earlier market date. Published history begins August 20, 2026 and grows one point per completed market date.
| Estimate date | Central estimate | Basis |
|---|---|---|
| 10.3 billion US dollars | Published snapshot | |
| 10.4 billion US dollars | Published snapshot | |
| 10.2 billion US dollars | Published snapshot | |
| 10.2 billion US dollars | Published snapshot | |
| 10.4 billion US dollars | Published snapshot | |
| 10.4 billion US dollars | Published snapshot | |
| 10.5 billion US dollars | Modeled reconstruction | |
| 10.5 billion US dollars | Modeled reconstruction | |
| 10.4 billion US dollars | Modeled reconstruction | |
| 10.5 billion US dollars | Modeled reconstruction | |
| 10.4 billion US dollars | Modeled reconstruction | |
| 10.3 billion US dollars | Modeled reconstruction | |
| 10.2 billion US dollars | Modeled reconstruction | |
| 10.2 billion US dollars | Modeled reconstruction | |
| 10.2 billion US dollars | Modeled reconstruction | |
| 10.2 billion US dollars | Modeled reconstruction | |
| 10.2 billion US dollars | Modeled reconstruction | |
| 10.0 billion US dollars | Modeled reconstruction | |
| 10.0 billion US dollars | Modeled reconstruction | |
| 9.8 billion US dollars | Modeled reconstruction | |
| 9.9 billion US dollars | Modeled reconstruction | |
| 10.0 billion US dollars | Modeled reconstruction | |
| 9.8 billion US dollars | Modeled reconstruction | |
| 9.6 billion US dollars | Modeled reconstruction | |
| 9.6 billion US dollars | Modeled reconstruction | |
| 9.7 billion US dollars | Modeled reconstruction | |
| 9.6 billion US dollars | Modeled reconstruction | |
| 9.7 billion US dollars | Modeled reconstruction | |
| 9.7 billion US dollars | Modeled reconstruction | |
| 9.5 billion US dollars | Modeled reconstruction | |
| 9.7 billion US dollars | Modeled reconstruction | |
| 9.7 billion US dollars | Modeled reconstruction | |
| 9.6 billion US dollars | Modeled reconstruction | |
| 9.6 billion US dollars | Modeled reconstruction | |
| 9.6 billion US dollars | Modeled reconstruction | |
| 9.5 billion US dollars | Modeled reconstruction | |
| 9.2 billion US dollars | Modeled reconstruction | |
| 9.0 billion US dollars | Modeled reconstruction | |
| 8.7 billion US dollars | Modeled reconstruction | |
| 8.5 billion US dollars | Modeled reconstruction | |
| 8.6 billion US dollars | Modeled reconstruction | |
| 8.4 billion US dollars | Modeled reconstruction | |
| 8.6 billion US dollars | Modeled reconstruction | |
| 8.8 billion US dollars | Modeled reconstruction | |
| 8.7 billion US dollars | Modeled reconstruction | |
| 8.7 billion US dollars | Modeled reconstruction | |
| 8.9 billion US dollars | Modeled reconstruction | |
| 8.8 billion US dollars | Modeled reconstruction | |
| 8.6 billion US dollars | Modeled reconstruction | |
| 8.6 billion US dollars | Modeled reconstruction |
On paper, Charles Schwab's estimated net worth is equivalent to about 25,100 median-priced US homes.
Reference value $410,700, effective 2026-04-01. U.S. Census Bureau and U.S. Department of Housing and Urban Development (via FRED)
Uses the Census Bureau and HUD median sales price of houses sold in the second quarter of 2026, as published on FRED. The figure is revised and excludes closing costs and financing.
On paper, Charles Schwab's estimated net worth is equivalent to about 158,000 years of median full-time US pay.
Reference value $65,416, effective 2026-06-30. U.S. Bureau of Labor Statistics
Uses the BLS median usual weekly earnings of full-time wage and salary workers for the second quarter of 2026 ($1,258, seasonally adjusted) multiplied by 52 weeks, before taxes.
Split evenly across every US resident, the estimate works out to about $30 per person.
Cited population 342,000,000, effective 2025-07-01. U.S. Census Bureau
Divides the estimate evenly across the Census Bureau's July 1, 2025 resident population estimate. It is arithmetic, not a policy proposal, and the assets could not be distributed at the displayed value.
These three comparisons are stable for this profile.Browse the full perspective catalog orcompare Charles Schwab with someone else.
The share count of 94,366,026 comes from his August 19, 2026 Form 4 and covers shares held by trusts for which he or his spouse serves as trustee, a family limited partnership, and 188 Corp. Shares held by nonprofit corporations he established are excluded, as are options and units exercisable within 60 days.
Identity facts stored separately for this profile: citizenship United States; residence United States; ranking attribution United States. Attribution reason: Citizenship, residence, and the headquarters of the companies that drive the estimate are all in the United States.
Reviewed by Net Worth Leader editorial desk on August 20, 2026. General rules live in the methodology.
See something wrong? Report a correction. Evidence is evaluated on its merits, not on who submits it.
