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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

Former Costco execs’ organic chicken chain heads to Seattle

The Costco connection runs throughout the business. Costco co-founder and former CEO Jim Sinegal was the primary investor in The Organic Coup’s $7 million first round of financing. “You would have to be living on Mars to not understand that ...
Posted: August 20, 2016, 7:31 pm

Harmony Reigns at Costco

The Universal Lesson Jim Sinegal, CEO of Costco, offered this contrast between the giving and getting mindset: “The traditional retailer will say: ‘I’m selling this for $10. I wonder whether we can get $10.50 or $11.’ We say: ‘We’re selling ...
Posted: August 22, 2016, 6:37 am

Our Ultimate Stock-Pickers Top 10 New-Money Purchases

Morningstar analyst Jim Sinegal views Wells Fargo's dominant market position as its largest structural advantage. He notes that it is the largest deposit gatherer in major metropolitan markets across the country, with more than one third of the bank's ...
Posted: August 17, 2016, 5:04 pm

Is Shopping At Costco A Spiritual Experience?

The Universal Lesson Jim Sinegal, CEO of Costco, offered this contrast between the giving and getting mindset: “The traditional retailer will say: ‘I’m selling this for $10. I wonder whether we can get $10.50 or $11.’ We say: ‘We’re selling ...
Posted: August 22, 2016, 1:00 am

Olympic Sponsor Stocks Rally to Win Gold Position

Visa is in excellent financial health and it is highly profitable due to its dominance in electronic payments in the market, according to Morningstar equity analyst Jim Sinegal. Morningstar analysts consider Visa to be undervalued at its current share price.
Posted: August 24, 2016, 8:33 am
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