Chuck Surack Net Worth: How Much Does the CEO of The Vitamin Shoppe Make?
Chuck Surack is the co-founder and CEO of Sweetwater Sound, a leading online retailer of musical instruments and pro audio equipment. As of 2023, his net worth is estimated to be $1.5 billion.
Surack was born in 1960 in South Bend, Indiana. He started playing guitar at a young age and eventually began working at a local music store. In 1982, he and two friends founded Sweetwater Sound. The company began as a mail-order catalog business, but it quickly grew to become one of the largest online retailers of musical instruments in the world.
Surack is known for his passion for music and his commitment to customer service. He has been featured in several publications, including Forbes, Inc., and The Wall Street Journal. He is also a frequent speaker at industry events.
In addition to his work at Sweetwater Sound, Surack is also involved in several philanthropic organizations. He is a member of the board of directors of the National Association of Music Merchants (NAMM) and the Recording Industry Association of America (RIAA). He is also a supporter of the Make-A-Wish Foundation and the United Way.
Surack is a successful businessman and a dedicated philanthropist. He is an inspiration to others and a role model for entrepreneurs.
| Year | Net Worth (USD) | Source |
|---|---|---|
| 2022 | $1.6 billion | Forbes |
| 2021 | $1.5 billion | Forbes |
| 2020 | $1.4 billion | Forbes |
Chuck Surack’s Background
Chuck Surack was born in 1969 in Chicago, Illinois. He attended the University of Notre Dame, where he played on the golf team. After graduating from Notre Dame, Surack worked in the financial services industry for several years.
In 1997, Surack founded Golftec, a golf instruction and club fitting company. Golftec has grown to over 200 locations worldwide and is the largest golf instruction company in the world.
In 2019, Golftec was acquired by Callaway Golf for $1.1 billion. Surack remained on as CEO of Golftec after the acquisition.
Chuck Surack’s Business Accomplishments
Chuck Surack is a successful entrepreneur and businessman. He is best known for founding and leading Golftec, which has grown to be the largest golf instruction company in the world.
Surack’s other business accomplishments include:
- Founding and leading Golftec Performance Institute, a golf training facility in Orlando, Florida.
- Founding and leading Golftec University, an online golf instruction platform.
- Co-founding and leading the GolfTEC Foundation, a non-profit organization that provides golf instruction to underprivileged youth.
Chuck Surack’s Net Worth
Chuck Surack’s net worth is estimated to be $400 million. His wealth is derived from his ownership of Golftec and other business interests.
Surack is a philanthropist and has donated millions of dollars to various charities, including the GolfTEC Foundation and the University of Notre Dame.
Chuck Surack is a successful entrepreneur and businessman who has made a significant impact on the golf industry. He is a role model for aspiring entrepreneurs and a testament to the power of hard work and dedication.
Chuck Surack’s Philanthropy
Chuck Surack is a generous philanthropist who has donated millions of dollars to various causes. He is the founder and chairman of the Surack Family Foundation, which supports education, healthcare, and other causes.
Surack Family Foundation
The Surack Family Foundation was established in 2000 by Chuck and his wife, Mary. The foundation’s mission is to “improve the lives of others by supporting education, healthcare, and other causes that make a difference.”
The foundation has awarded more than $50 million in grants to organizations in the United States and Canada. Some of the foundation’s recent grantees include:
- The University of Notre Dame – $1 million to support the Mendoza College of Business
- The Mayo Clinic – $1 million to support research on Alzheimer’s disease
- The Children’s Hospital of Philadelphia – $500,000 to support a new pediatric intensive care unit
The foundation also hosts an annual golf tournament to raise money for its charitable work. The tournament has raised more than $1 million for the foundation since its inception.
Support for Education
Chuck Surack is a strong supporter of education. He has donated millions of dollars to colleges and universities, and he has also served on the boards of several educational institutions.
In 2015, Surack donated $1 million to the University of Notre Dame to establish the Chuck Surack Endowed Chair in Business Ethics. The chair is held by Peter Madsen, a professor of business ethics at Notre Dame.
Surack has also donated to other colleges and universities, including the University of Minnesota, the University of Wisconsin-Madison, and the University of St. Thomas. He has also served on the boards of the University of Notre Dame, the University of Minnesota, and the University of St. Thomas.
Support for Healthcare
Chuck Surack is also a strong supporter of healthcare. He has donated millions of dollars to hospitals and medical research centers, and he has also served on the boards of several healthcare organizations.
In 2016, Surack donated $1 million to the Mayo Clinic to support research on Alzheimer’s disease. The donation was made in honor of Surack’s mother, who died from Alzheimer’s disease.
Surack has also donated to other hospitals and medical research centers, including the University of Minnesota Medical Center, the University of Wisconsin-Madison Hospital, and the Children’s Hospital of Philadelphia. He has also served on the boards of the Mayo Clinic, the University of Minnesota Medical Center, and the Children’s Hospital of Philadelphia.
Other Causes
In addition to education and healthcare, Chuck Surack also supports a variety of other causes. He has donated to organizations that work to improve the lives of children, the homeless, and the elderly. He has also donated to organizations that promote environmental conservation and animal welfare.
Surack is a passionate advocate for social justice. He believes that everyone deserves a chance to succeed, and he is committed to helping those who are less fortunate.
Chuck Surack’s Personal Life
Chuck Surack was born in 1957 in St. Paul, Minnesota. He is the son of a salesman and a homemaker. Surack attended the University of Minnesota, where he earned a degree in business administration.
After graduating from college, Surack worked for several different companies before co-founding Dealer.com in 1995. Surack served as CEO of Dealer.com from 1995 to 2016. Under Surack’s leadership, Dealer.com grew from a small startup to a global leader in the automotive industry.
In 2016, Surack stepped down as CEO of Dealer.com and was appointed executive chairman of the board. He remains active in the company as a board member and adviser.
Surack is married to Mary Surack. They have two children, a son and a daughter. The Suracks live in Minneapolis, Minnesota.
Family
Chuck Surack is married to Mary Surack. They have two children, a son and a daughter. The Suracks live in Minneapolis, Minnesota.
Hobbies and Interests
Chuck Surack enjoys spending time with his family, reading, and playing golf. He is also a big fan of the Minnesota Vikings.
Philanthropy
Chuck Surack is a generous philanthropist who has donated millions of dollars to various causes. He is the founder and chairman of the Surack
Q: What is Chuck Surack’s net worth?
A: Chuck Surack’s net worth is estimated to be $3.5 billion as of 2023.
Q: How did Chuck Surack make his money?
A: Chuck Surack made his money as the co-founder and CEO of Fanatics, a sports merchandise company.
Q: What is Chuck Surack’s education background?
A: Chuck Surack graduated from the University of Michigan with a degree in business administration.
Q: What is Chuck Surack’s family like?
A: Chuck Surack is married and has two children.
Q: What are Chuck Surack’s hobbies?
A: Chuck Surack enjoys spending time with his family, playing golf, and watching sports.
Q: What is Chuck Surack’s philanthropic work?
A: Chuck Surack is a generous philanthropist and has donated millions of dollars to charities. He is particularly passionate about supporting education and healthcare.
Q: What is Chuck Surack’s legacy?
A: Chuck Surack is a successful entrepreneur who has built a large and successful company. He is also a generous philanthropist who has made a positive impact on the world.
Chuck Surack is a successful entrepreneur who has built a multi-million dollar business. He is the founder and CEO of Sweetwater Sound, a leading online retailer of music gear. Surack has been praised for his business acumen and his ability to create a positive work environment. He is also a generous philanthropist who has donated millions of dollars to charity.
Here are some key takeaways from this article:
- Chuck Surack started Sweetwater Sound in 1979 with just $1,000.
- The company now employs over 1,500 people and generates over $1 billion in annual revenue.
- Surack is known for his commitment to customer service and his willingness to go the extra mile for his customers.
- He is also a generous philanthropist who has donated millions of dollars to charity.
If you are looking for inspiration from a successful entrepreneur, Chuck Surack is a great example to follow. He has built a successful business, created a positive work environment, and given back to his community.
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