Jerry Baldwin
Jerry Baldwin | |
---|---|
Born | Gerald Baldwin |
Occupation(s) | Food and beverage company founder, company chairman. |
Known for | Co-founded Starbucks coffee chain |
Gerald Baldwin is an American businessman. He and two other entrepreneurs, Gordon Bowker and Zev Siegl, founded Starbucks in Seattle, in 1971. He is a Sonoma Valley vintner, and co-founder of J. Baldwin Wines.
Career
Jerry Baldwin was born to Rowland Baldwin (1914-1989), a door-to-door milkman, and Patricia Brodeur Baldwin (b. 1923), who worked in data processing for the federal government and IBM, found his life unsettled as a teenager when his parents divorced and his mother remarried. Baldwin went to 3 different high schools before enrolling at the University of San Francisco. [1] He learned the coffee trade from Alfred Peet, whose store Peet's Coffee And Tea, was the inspiration for Starbucks. Starbucks purchased roasted coffee beans from Peet's during its first year of operation. Baldwin has recalled Peet as being a "very generous" mentor.[2] In 1984, when Peet's was offered for sale, Baldwin led a group of investors, including Bowker,[3] to purchase the company. In 1987, he sold his interests in Starbucks. Baldwin was chairman of Peet's until 2001 when Peet's went public, and he became a director of the company.[4][5][6]
Baldwin served as director and founding chairman of the Technical Standards Committee of the Specialty Coffee Association of America; president of Association Scientifique International du Cafe (ASIC); and chairman of the Coffee Quality Institute. He was honored with a Lifetime Achievement Award by Specialty Coffee Association of America. He is a director of TechnoServe, an NGO working in Latin America and Africa.[7]
In 2000, he and his wife, photographer Jane Baldwin, established J. Baldwin Wines, a zinfandel and petite sirah grower and producer located in Sonoma Valley, California.[8] Jerry Baldwin's net worth was estimated to be $2.4 billion in 2018.[9]
References
- ^ "Zev Siegl, Jerry Baldwin, and Gordon Bowker, ca. 1971". www.historylink.org. Retrieved 2023-05-09.
- ^ Uncommon Grounds: The History of Coffee and How It Transformed Our World; Mark Pendergrast; Basic Books; 2019; p. 372.
- ^ Bussing-Burks, Marie (2009). Starbucks. ABC-CLIO. p. 11. ISBN 9780313364587. Retrieved 9 November 2019.
- ^ "Starbucks Case Study". www.mhhe.com. Archived from the original on 2014-08-21. Retrieved 2017-09-29.
- ^ "Our People". www.peets.com. Archived from the original on 2013-01-16. Retrieved 2017-09-29.
- ^ Rourke, Mary (September 2007). "Alfred Peet, 87; founder of California-based chain of coffee stores". Los Angeles Times. Retrieved 16 May 2016.
- ^ "Individuals Who Shaped the Specialty Coffee Industry". The Gourmet Retailer. Retrieved 16 May 2016.
- ^ "J. Baldwin Wines". jbaldwinwines.com. Retrieved 11 November 2019.
- ^ "Jerry Baldwin Net Worth". Retrieved 2023-05-09.