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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

Retail banks ain't what they used to be

“Go to big cities and you’ll find a Bank of America, a Chase, and a Citigroup all on the same block,” said Morningstar senior analyst Jim Sinegal. “It used to be local community banks had a monopoly on local markets,” but that’s changed and so ...
Posted: September 14, 2016, 1:52 am

These are the banks you gripe about the most

While the number of complaints is higher than banks would probably like, these levels are low enough to highlight the level of discontent doesn't indicate a "huge problem," says Jim Sinegal, banking analyst at Morningstar. "Ten complaints to $1 billion ...
Posted: September 19, 2016, 2:55 pm

Apple Pay In-Browser Payments Could Threaten PayPal (AAPL, PYPL)

including Apple and Google,” wrote Jim Sinegal, senior equity analyst at research firm Morningstar. For example, the new development makes it much easier for iPhone users to make payments on their iPhones. Apple could similarly integrate Apple Pay across ...
Posted: September 20, 2016, 2:42 pm

Weekly Wrap: Volatility Returns; Wells Fargo Stumbles

Morningstar’s Jim Sinegal sees the behavior as beyond the pale, but that that investors need to put the size in perspective. Jim Sinegal: Developments and fines at Wells were clearly a disappointment for a company with a long history of excellent ...
Posted: September 15, 2016, 1:00 am

Top 10 Dividend Stocks Picked by the Professionals

Morningstar analyst Jim Sinegal recently raised his fair value estimate for the bank following a deeper dive on the interest rate environment. While interest-rate expectations have swung dramatically in recent months, Sinegal expects technological-driven ...
Posted: September 14, 2016, 3:37 am
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