He served as the CEO of Costco from 1983 to 2012 and was the President and Director from 1983 to January 2018. He earned an annual salary of $350,000 and a bonus of $200,000.
James Sinegal is an Entrepreneur with a net worth of $2 billion. He was born in 1936 and co-founded Costco with Jeffrey H. Brotman in 1983. He served as the CEO of Costco from 1983 to 2012 and was the President and Director until 2018. His annual salary was $350,000 and he received a bonus of $200,000. In 2012, his net worth was estimated to be over $3 billion.
James Sinegal is a member of Entrepreneur
Age, Biography and Wiki
💰 Net worth: $2 billion (2024)
James Sinegal, an esteemed entrepreneur hailing from Pennsylvania, is projected to have a net worth of $2 billion in 2024. Sinegal is renowned for his exceptional business acumen and has made significant contributions to the entrepreneurial landscape. Co-founding the multinational membership warehouse club, Costco, his innovative leadership and strategic decisions have paved the way for the company's phenomenal success. Sinegal's entrepreneurial journey has not only been financially rewarding but has also left an indelible mark on the industry, establishing him as a prominent figure in the business world.
About
Co-founder of Costco. In 2012 he had a net worth of over $3 billion. He founded Costco with Jeffrey H. Brotman in 1983 in Kirkland, Washington.
Before Fame
He graduated from San Diego State University in 1959. He was a bagger at FedMart in 1954.
Trivia
He was mentored by Sol Price, who pioneered the concept of the warehouse store.
Family Life
He fathered three children with his wife Janet.
Associated With
He was often mentioned in the same breath as Sam Walton for his successes within discount retail shopping.
