Starbucks (NASDAQ: SBUX) is a publicly listed company headquartered in Seattle, Washington, United States that owns 3 consumer brands across 2 categories, and has 1 recorded transaction.[1]
Starbucks was founded in Seattle in 1971 selling roasted beans rather than drinks. Howard Schultz joined in 1982, failed to persuade the founders to sell espresso, left to start his own bar, and bought the company in 1987. It is the largest coffeehouse chain in the world.
Nestlé paid Starbucks $7.15 billion in cash for the perpetual right to sell Starbucks packaged coffee and tea in shops worldwide. No factories or staff transferred: the payment bought a licence, which is why the cafés and the supermarket bags now have different owners.
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Frequently asked questions
What brands does Starbucks own?
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Starbucks owns 3 consumer brands tracked here, including Starbucks Reserve, Starbucks and Teavana.
Is Starbucks an American company?
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Yes. Starbucks is headquartered in Seattle, Washington, United States and was founded in 1971.
Who owns Starbucks?
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Starbucks is a publicly listed company owned by its shareholders; it trades as SBUX on the NASDAQ.
Sources (2) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.