Jelinek has been with the company since 1984 and has been the CEO since 2012. He has an annual salary of $4.5 million and has earned over $100 million in total compensation since 2012.
Craig Jelinek is an American businessman who has a net worth of $100 million. He has been with Costco since 1984 and has been the CEO since 2012, earning an annual salary of $4.5 million. Since 2012, Jelinek has earned over $100 million in total compensation.
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Age, Biography and Wiki
💰 Net worth: $100 Million (2024)
Craig Jelinek is a renowned American CEO, widely recognized for his exceptional business acumen and leadership skills. As of 2024, his net worth is estimated to be an impressive $100 million, demonstrating his remarkable success in the corporate world. Jelinek's strategic vision and management style have propelled him to the top of the business ladder, earning him a reputation as one of the most influential CEOs in America. His astute decision-making and commitment to excellence have not only resulted in substantial financial gains but also in the continued growth and success of the companies under his leadership.
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Craig Jelinek net worth and salary: Craig Jelinek is an American businessman who has a net worth of $100 million. Craig Jelinek was born in California in August 1952. He is best known for being the president and chief executive officer of Costco. Jelinek began those duties in 2012 when he took over the company's founder James Sinegal. Craig Jelinek graduated from San Diego State University. He joined Costco in 1984 and before that he worked for FedMart. Costco was founded in 1976 as Price Club and became Costco in 1983. In 2018 the company posted a revenue of $141.6 billion with a net income of $3.13 billion as well as total assets of $40.83 billion. Costco employed 245 thousand people in 2018. The chain of membership only warehouse clubs was the second largest retailer in the world in 2015 and by 2016 it was the world's largest retailer of organic foods, choice and prime beef, wine, and rotisserie chicken.
Salary: Craig Jelinek's base salary is $800,000. He also earns additional money in the form of bonuses and stock grants. For example, in 2018 he earned $800,000 in base salary, $97,000 in bonus, $6.3 million in stock grants and $200,000 in retirement contributions.
Costco Stock Holdings: As of this writing, Craig owns 312,000 shares of Costco which are worth around $90 million before taxes.