He remains the largest individual shareholder of Best Buy, with an 11% stake. He rejoined the company as chairman emeritus in 2013 after his attempts to take over the electronics retailer and make it private failed. He served as Best Buy's CEO from 1983 to 2002 and stepped down as chairman in 2012.
Schulze founded Sound of Music in 1966, which eventually morphed into the chain of superstores known as Best Buy. While he's still listed as a Bonita Springs resident by Forbes, he's relocated to Naples. But being able to deliver it to 100,000 companies in a timely fashion? Now that is interesting."Ī former New York resident, he sold the Buffalo Sabres in March 2011 for $189 million, rejecting a higher bid to keep the team from moving out of town.Īnother tidbit: He's married to former tennis star Monica Seles.Ī well-known philanthropist, Golisano, who has a son with special needs, has pledged or donated some $300 million to support children with autism and other disabilities. His quote for Forbes? "I can't say that payroll is an interesting business in and of itself. He served as CEO of the company until 2004 and remains chairman. He founded payroll firm Paychex, a publicly-traded company, "with just $3,000 and a credit card," according to Forbes. He owns Hertz Arena and the Everblades hockey team, as well as the Old Collier Golf Club, along with a slew of small local businesses that he's acquired since moving to Naples, such as Stan's Coffee and Mitch's Cookies.He and his wife Jerri moved to Naples in 2015, spending $75 million on their first purchase of commercial real estate, consisting of seven buildings and a parking lot on world-renowned Fifth Avenue South.His early fortune came from an executive search firm, DHR International, which he still owns.He's the largest commercial real estate owner in Naples, with 42 properties.Here are a few of the highlights it mentions about him: The Forbes ranking includes a brief profile of Hoffmann, 69. Yeah, we're not stopping," Hoffmann said. "We have things under contract now and businesses we're buying. More: There's no stopping David Hoffmann: Naples-based family enterprise busier than ever in 2021Ī self-made businessman, Hoffmann has captured the spotlight in Southwest Florida for the millions he's spent acquiring local businesses and investing in real estate. In case you missed it: In the Know: Hoffmann expansion in Lee new Sprouts, rising cost of typical Collier homeįrom our archives: Forbes' annual list shows the rich getting richer in Naples, Bonita Springs
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