Age, Biography and Wiki

Bill Schultz (Fender) was an American businessman and entrepreneur who was the president and CEO of Fender Musical Instruments Corporation from 1965 to 1985. He was born on July 30, 1926 in Chicago, Illinois. Schultz was a self-taught musician who began playing the guitar at the age of 12. He attended the University of Illinois and graduated with a degree in business administration in 1948. After college, he worked in the advertising industry before joining Fender in 1965. At Fender, Schultz was responsible for the company's growth and success. He was instrumental in the development of the Stratocaster and Telecaster guitars, as well as the Precision Bass. He also oversaw the introduction of the Fender Rhodes electric piano and the Fender Jazz Bass. Schultz was a passionate advocate for music education and was a founding member of the National Association of Music Merchants. He was also a member of the Rock and Roll Hall of Fame. Schultz passed away on April 8, 2016 at the age of 89. He was survived by his wife, two sons, and four grandchildren. At the time of his death, Bill Schultz (Fender) had an estimated net worth of $50 million.

Popular As William Charles Schultz
Occupation N/A
Age 80 years old
Zodiac Sign Leo
Born 30 July, 1926
Birthday 30 July
Birthplace McKeesport, Pennsylvania, United States
Date of death September 21, 2006
Died Place N/A
Nationality

We recommend you to check the complete list of Famous People born on 30 July. He is a member of famous with the age 80 years old group.

Bill Schultz (Fender) Height, Weight & Measurements

At 80 years old, Bill Schultz (Fender) height not available right now. We will update Bill Schultz (Fender)'s Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
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Dating & Relationship status

He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.

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Bill Schultz (Fender) Net Worth

His net worth has been growing significantly in 2022-2023. So, how much is Bill Schultz (Fender) worth at the age of 80 years old? Bill Schultz (Fender)’s income source is mostly from being a successful . He is from . We have estimated Bill Schultz (Fender)'s net worth , money, salary, income, and assets.

Net Worth in 2023 $1 Million - $5 Million
Salary in 2023 Under Review
Net Worth in 2022 Pending
Salary in 2022 Under Review
House Not Available
Cars Not Available
Source of Income

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Timeline

Schultz (and through him, Fender) became a major donor to Duquesne University, which honored him in 2001 with a Lifetime Achievement Award and a week of concerts. He retired in 2005 and was replaced by Mendello, though he remained on the board of directors. Schultz died in 2006 of cancer.

Schultz worked at Yamaha Corporation when he was asked to become the company president of Fender in 1981 by then-president of CBS Musical Instruments, John C. McLaren. When CBS decided to sell the struggling company in 1985, Schultz and several other employees purchased it. Schultz was among the management team who recommended CBS to start an alternate production of Japanese Fenders in 1982, as the company's sales suffered from the onslaught of copies produced by Japanese manufacturers such as Tokai and Fernandes Guitars.

Born at McKeesport, Pennsylvania, Schultz graduated as an engineer from the New Jersey Institute of Technology in 1965 and went to work for Bethlehem Steel, Baltimore. While working at Bendix Aerospace on radar tracking devices for the Apollo program, he got a master's in aerospace engineering. In 1971 he received an MBA from Rutgers University and got a job at CBS.

William Charles Schultz (July 30, 1926 – September 21, 2006) was the CEO of Fender Musical Instruments Corporation, and is credited as the "man who saved Fender."