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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

Costco co-founder Jim Sinegal to accept NRF's Gold Medal Award next week

The National Retail Federation has announced that Jim Sinegal, Costco co-founder and board member, will receive the Gold Medal Award in 2014 during Retail's BIG Show. Additionally, NRF has named South Korea's Lotte Shopping as the International Retailer of ...
Posted: January 8, 2014, 5:12 pm

How Costco Became the Anti-Wal-Mart

JIM SINEGAL, the chief executive of Costco Wholesale, the nation's fifth-largest retailer, had all the enthusiasm of an 8-year-old in a candy store as he tore open the container of one of his favorite new products: granola snack mix. "You got to try this ...
Posted: July 16, 2005, 5:00 pm

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, 10:08 am

James Sinegal, Costco

When 66-year-old Sinegal has a meeting with a visitor at the company's headquarters in Issaquah, Wash., he goes down to the lobby himself to escort the guest to his fourth-floor office. The head of the nation's top warehouse retailer doesn't go in for many ...
Posted: September 21, 2002, 5:00 pm

Jim Sinegal: Costco CEO Focuses on Employees

Arlington, Va.—It's midmorning in Costco. Shoppers push Smart Car-size carts, politicos peruse the stack of Ted Kennedy books, and husbands disappear among 32-inch Sony televisions. And Jim Sinegal, a straight-talking, fast-moving 73-year-old, is ping ...
Posted: October 21, 2009, 5:00 pm
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