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Jim Sinegal
Jim Sinegal Net Worth is $2 Billion. Jim Sinegal Salary is $350 Thousand Per Year. Costco mogul Jim Sinegal has an estimated net worth of $2 billion and a salary of $350,000 per year. Sinegal acquired his mammoth net worth as the founder and CEO of t. James D. Sinegal (born Janua...

Jim Sinegal Net Worth is $2 Billion. Jim Sinegal Salary is $350 Thousand Per Year.

Jim Sinegal Net Worth is $2 Billion. Jim Sinegal Salary is $350 Thousand Per Year. Costco mogul Jim Sinegal has an estimated net worth of $2 billion and a salary of $350,000 per year. Sinegal acquired his mammoth net worth as the founder and CEO of t James D. Sinegal is co-founder and former CEO of Costco, an international retail chain.
He was born January 1, 1936 into a Catholic working-class family in Pittsburgh, Pennsylvania and placed in a orphanage by his mother.. When he was 11, she adopted Sinegal and Giuseppe Siniscalli became his step father. Senigal's father was named Wright but he took his step-fathers last name instead. He attended Helix High School in La Mesa, California and earned an AA at San Diego City College in 1955. He earned a BA from San Diego State University in 1959.
After he started as a bagger at FedMart in 1954 he found he loved retailing. At FedMart, he worked his way up to executive vice president in charge of merchandising and operations. He was a vice president of merchandising for Builders Emporium 1977-1978, and an executive vice president for the Price Company 1978-1979. From 1979-1983 he worked with Sinegal/Chamberlain and Associates, a compan...
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Jim Sinegal Latest News

How The Costco CEO's College Job Turned Into His Big Break

Costco founder Jim Sinegal is worth an estimated $150 million. His strategy and leadership transformed his store into one of the most successful retailers in the world. All of Sinegal's wealth and success stemmed from an unlikely source: his college job.
Posted: November 27, 2012, 3:23 pm

Costco's a deal for shoppers. The CEO may be, too.

... Jim Sinegal. Costco said it had a 2014 pre-tax income target of $3.25 billion, it ended with $3.197 billion, hitting 98.4% of target. The company is scheduled to report third-quarter earnings Wednesday. Year-to-date, Costco shares are up about 20%.
Posted: December 9, 2014, 4:47 pm

Costco's Jim Sinegal explains retail warfare

Sinegal is an open admirer of Amazon's customer-centric service ethic, and he has good things to say about the CEO's commitment to a long-range business perspective. But all's fair in love and retail, and the Costco founder said that he regularly shops on ...
Posted: June 27, 2014, 10:27 am

Costco shareholders to vote on board-member tenure

The long-serving board members include John Meisenbach, James Sinegal and Jeffrey Brotman, who have been there since the company’s founding. Blackstone Group President Hamilton James has been on the board since 1988, and Republican firebrand Dr. Benjamin ...
Posted: December 9, 2014, 5:27 pm

Former Costco leader Jim Sinegal is named CEO of the Year

Costco cofounder and former leader Jim Sinegal is Morningstar’s 2011 CEO of the Year, executives at the Chicago-based financial data provider announced Wednesday. Sinegal stepped down as CEO of the Issaquah-based warehouse chain Jan. 1. Craig Jelinek ...
Posted: January 4, 2012, 12:00 am
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