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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

Asked & Answered: What happened to Tom the Guessing Doorman at Costco?

All in a matter of moments. This is why Costco members would happily get into a longer line to see him — and why Costco CEO Jim Sinegal once called him “our goodwill ambassador.” But several weeks ago, Goessman, 56, disappeared from his perch at the ...
Posted: December 9, 2017, 7:30 am

Ultimate Stock-Pickers: Top 10 Buys and Sells

Morningstar analyst Jim Sinegal has also been critical of Wells Fargo's management recently. In June, he downgraded the firm's stewardship rating to standard from exemplary in light of facts that emerged after Wells' submission of a second faulty failure ...
Posted: December 4, 2017, 7:00 am

Bitcoin: Gambling Vehicle or Portfolio Asset?

“There is something there but it’s early and the value is extremely uncertain,” says Jim Sinegal, a Morningstar analyst. “Bitcoin could be much bigger or it could be gone in five years. You could invest today and lose it all tomorrow.” Robert ...
Posted: December 3, 2017, 12:00 am

The Case for Good Jobs

The Costco store managers we interviewed repeated cofounder Jim Sinegal’s mantra that 90% of their time should be spent teaching. They constantly walked the floor asking area managers open-ended questions such as “Why do we have five pallets of ...
Posted: November 30, 2017, 12:00 am

Kauffman Center Architect Moshe Safdie To Be Recognized In Annual Entrepreneurship Awards

Past honorees in this category include Jim Sinegal of Costco, Brian Lamb of C-SPAN, Meg Whitman of eBay, and Dr. Min Kao of Garmin. Sandy and Christine Kemper, founders of the financial tech company C2FO, will be recognized as regional entrepreneurs of the ...
Posted: December 5, 2017, 8:53 am
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