Art Collector, former Starbucks Chairman, and now… ex U.S. Presidential Candidate

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Sheri and Howard Schultz - photo via Twitter
Howard Schultz - chairman and chief executive of Starbucks between 1986 and 2000, 2008 and 2017, and executive chairman from 2017 to 2018 - had held hopes of swapping the coffee house for the White House.

 

The noted art collector, who has featured along with wife Sheri on the ARTnews’ Top 200 Collectors list since 2016, had been considering running as a “centrist independent” candidate for presidency. He announced on Friday, however, that he was dropping out of the U.S. Presidential race amid fears that he may risk splitting a vote against Trump (whom Schultz wishes to see out of office), concerns around competition moderate Democrats would pose, and a back injury suffered in April.

 

He said in a letter to his supporters: “not enough people today are willing to consider backing an independent candidate because they fear doing so might lead to re-electing a uniquely dangerous incumbent president”.