FORM 4
      Check this box if no longer subject to Section 16.  Form 4 or Form 5 obligations may continue.
See Instruction 1(b).

(Print or Type Responses)	UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549

 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section
17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the
 Investment Company Act of 1940	OMB APPROVAL	
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 1. Name and Address of Reporting Person *

Schulze,          Richard         M.  
(Last)              (First)          (Middle)

7601 Penn Avenue South
(Street)

Richfield, MN    55423
(City)       (State)          (Zip)

 	 2. Issuer Name and Ticker
    or Trading Symbol

Best Buy Co., Inc.   BBY

 3. I.R.S. Identification
    Number of Reporting
    Person, if an entity
    (voluntary)

 	 4. Statement for
    Month/Day/Year

4/14/2003

 5. If Amendment, Date of
    Original (Month/Day/Year)

 	
  6. Relationship of Reporting Person(s) to Issuer
     (Check all applicable)

    X   Director
 
    X   Officer (give title below)
 
    X   10% Owner
 
         Other (specify below)

Chairman of the Board  

 7. Individual or Joint/Group
     Filing (Check Applicable Line)

    X   Form filed by One Reporting Person

         Form filed by More than One Reporting Person

Table I — Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned	

1. Title of Security
(Instr. 3)	2. Transaction Date (Month/Day/
Year)	2A. Deemed Execution Date, if any (Month/Day/
Year)	3. Transaction Code
(Instr. 8)	4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)	5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)	7. Nature of Indirect Beneficial Ownership
(Instr. 4)	
			Code	V	Amount	(A) or (D)	Price				
Common Stock	 	 	 	 	 	 	 	47,370	I	401(k)	
Common Stock	 	 	 	 	 	 	 	49,228,507	I	Trustee for revocable trust	
Common Stock	 	 	 	 	 	 	 	4,824	I (1)	Trustee for children's trusts	
Common Stock	 	 	 	 	 	 	 	633,446	I	Sole general partner of limited partnership	
Common Stock	 	 	 	 	 	 	 	21,115	I	Sole member of LLC which is sole general partner of limited partnership	
Common Stock	4/14/03	 	G	V	378	D	 	491,742	D	 	
Common Stock	4/14/03	 	G	V	189	A	 	 	 	 	
Common Stock	4/14/03	 	G	V	189	D	 	1,150	I (1)	Spouse	
Common Stock	 	 	 	 	 	 	 	737,529	I	GRAT	
Common Stock	 	 	 	 	 	 	 	762,029	I	Spouse GRAT	
Common Stock	 	 	 	 	 	 	 	126,582	I	Spouse Irrevocable Trust	
Common Stock	 	 	 	 	 	 	 	684	I	Spouse IRA	
Common Stock	 	 	 	 	 	 	 	690	I	IRA	

Table II — Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g ., puts, calls, warrants, options, convertible securities)	

1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date
(Month/Day/
Year)	3A. Deemed Execution Date, if any (Month/Day/
Year)	4. Transaction Code (Instr. 8)	5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)	6. Date Exercisable and Expiration Date
(Month/Day/Year)	7. Title and Amount of Underlying Securities
(Instr. 3 and 4)	8. Price of Derivative Security
(Instr. 5)	9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)	10. Ownership Form of Derivative Securities: Direct (D) or Indirect (I)
(Instr. 4)	11. Nature of Indirect Beneficial Ownership
(Instr. 4)	
				Code	V	(A)	(D)	Date
Exercisable	Expiration
Date	Title	Amount or Number of Shares					
Stock Option (Right to Buy)	$2.13	 	 	 	 	 	 	 	4/17/07	Common Stock	219,000	 	219,000	D	 	
Stock Option (Right to Buy)	$11.46	 	 	 	 	 	 	 	4/23/08	Common Stock	480,000	 	480,000	D	 	
Stock Option (Right to Buy)	$34.79	 	 	 	 	 	 	(2)	4/15/09	Common Stock	150,000	 	150,000	D	 	
Stock Option (Right to Buy)	$34.79	 	 	 	 	 	 	 	4/15/09	Common Stock	7,500	 	7,500	D	 	
Stock Option (Right to Buy)	$46.75	 	 	 	 	 	 	(2)	4/13/10	Common Stock	600,000	 	600,000	D	 	
Stock Option (Right to Buy)	$46.75	 	 	 	 	 	 	 	4/13/10	Common Stock	7,500	 	7,500	D	 	
Stock Option (Right to Buy)	$37.06	 	 	 	 	 	 	(2)	4/26/11	Common Stock	375,000	 	375,000	D	 	
Stock Option (Right to Buy)	$37.06	 	 	 	 	 	 	 	4/26/11	Common Stock	7,500	 	7,500	D	 	
Stock Option (Right to Buy)	$51.27	 	 	 	 	 	 	(2)	4/10/12	Common Stock	127,500	 	127,500	D	 	
Stock Option (Right to Buy)	$51.27	 	 	 	 	 	 	 	4/10/12	Common Stock	7,500	 	7,500	D	 	
Stock Option (Right to Buy)	$30.98	 	 	 	 	 	 	 	4/13/13	Common Stock	7,500	 	7,500	D	 	

 Explanation of Responses:

  (1) The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purposes.
(2) The options vest in four equal installments beginning one year from the date of grant.

 	

/s/ Nancy J. Wigchers
** Signature of Reporting Person	4/23/03
Date	
 	 	
Nancy J. Wigchers
Attorney-in-fact for:
Richard M. Schulze	 	

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
 
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations.
      See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
 
Note:   File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
 
http://www.sec.gov/divisions/corpfin/forms/form4.htm
Last update: 09/05/2002

 
 
POWER OF ATTORNEY
 
                KNOW ALL PERSONS BY THESE PRESENTS, that I, Richard M. Schulze, hereby constitute and appoint Joseph M. Joyce, Nancy J. Wigchers, Mark Geldernick, and Joseph W. Wirth and each of them, my true and lawful attorneys-in-fact and agents, each acting alone, with full powers of substitution and resubstitution for me and in my name, place and stead, to sign any reports on Form 4 (Statement of Changes in Beneficial Ownership of Securities) and Form 5 (Annual Statement of Changes in Beneficial Ownership) relating to transactions by me in Common Stock or other securities of Best Buy Co., Inc., and all amendments thereto, and to file the same, with the Securities and Exchange Commission and the New York Stock Exchange, Inc., granting unto said attorneys-in-fact and agents, and each of them, or their substitutes, full power and authority to do and perform each and every act and thing requisite or necessary to be done, as fully to all intents and purposes as I might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents, and each of them, or their substitutes, may lawfully do or cause to be done by virtue hereof.  This Power of Attorney shall be effective until such time as I deliver a written revocation thereof to my above-named attorneys-in-fact and agents.

                Dated:  August 26, 2002	/s/ Richard M. Schulze	
 	 	
 	Richard M. Schulze