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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

3 High-Quality Stocks to Buy Now

The company earns its wide economic moat rating thanks to a powerful network effect. Explains senior equity analyst Jim Sinegal: "A payment method widely accepted by merchants is attractive to cardholders, while a payment method used by many cardholders is ...
Posted: May 26, 2016, 4:47 am

Jim Sinegal on Costco's "Promote From Within" Strategy and Why It Needs to Think Like a Small Company

Jim Sinegal is the founder, chairman, and former longtime CEO of Costco (Nasdaq: COST ) . Known for his integrity and fondness for Costco’s $1.50 hot dogs, Sinegal grew Costco from a single warehouse to a now-$39 billion chain. Last month, The Motley ...
Posted: June 21, 2012, 1:00 am

Costco Founder Jim Sinegal Invests Millions in Bay Area Organic Fast Food Chain

America’s first USDA-certified organic fast food restaurant blew into the Bay Area in November in a big way, announcing with its Pleasanton opening that it would quickly follow with ten more locations in the coming year. Now that the second location has ...
Posted: May 23, 2016, 5:31 pm

Costco executives are pouring money into a fast-food chain that's unlike anything else in America

The Organic Coup, which is the first USDA-certified organic fast-food chain in the US, just raised $7 million in an initial round of financing led by Costco founder and former CEO Jim Sinegal. Costco's chief financial officer, Richard Galanti, also ...
Posted: May 24, 2016, 4:03 pm

Costco Earnings Preview

Conclusion: The majority of Costco shares were sold within client accounts when Jim Sinegal left day-to-day operations, although I have to say that with Craig Jelinek, the retail giant hasn't missed a beat, and the stock is appreciably higher than when I ...
Posted: May 23, 2016, 12:52 pm
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