Starbucks Executive Chairman Howard Schultz is actually preparing to step away via the coffee chain he built into a global behemoth – as well as stoking speculation about a possible 2020 presidential run.
Yet, inside the era of real estate magnate-turned-President Donald Trump, Schultz is actually just one of several business titans whose possible political aspirations might influence the next campaign for the White House.
For more than two centuries, most candidates for U.S. president had some public or military service on their resume before mounting a successful bid for the White House. although Trump’s election in 2016 has opened the door for an extensive list of wealthy business titans who long to notch a place in history.
“There’s a huge barrier in which Donald Trump tore down,” Jeffrey Sonnenfeld, a senior associate dean at the Yale School of Management, told CNBC. “as well as in which pathway is actually currently open for the Mark Cubans as well as the Bob Igers” to consider running for president.
Schultz left the door open to a run Tuesday, although he stressed in which he’s exploring all of his options for public service.
“There’s a lot of things I can do as a private citizen some other than run for the presidency of the United States,” the Starbucks executive said in a CNBC interview. “Let’s just see what happens.”
Read more: Howard Schultz could have access to a superior campaign war chest come 2020
although experienced politicians aren’t about to step aside at the first sight of another billionaire candidate with tons of personal funds on hand.
Here are some of the professional politicians as well as business players who are widely speculated to consider challenging Trump for the White House in 2020 – as well as how they stack up inside the money race.