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What is Jim Sinegal's net worth?
How much is Costco founder Jim Sinegal worth?
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A favorite quote attributed to Sinegal, in part about his philosophy on dealing with success, is "You have to take the shit with the sugar". Investors who bought $10,000 of Costco stock in 1992 found it worth $43,564 just ten years later — a return of 354% (15.855%, annually).
Sep 16, 2020 · Sinegal had a net worth of more than $120 million in 2005 largely due to his stake in the warehouse retailer, according to The New York Times.
- Henry Blodget
Sep 16, 2017 · The estimated Net Worth of James D Sinegal is at least $747 Million dollars as of 19 September 2017. James Sinegal owns over 30,000 units of Costco Wholesale Corp stock worth over $625,795,108 and over the last 21 years James sold COST stock worth over $121,303,080.
Nov 27, 2012 · Costco founder Jim Sinegal is worth an estimated $150 million. His strategy and leadership transformed his store into one of the most successful retailers in the world.
- Ashley Lutz
- Henry Blodget
$902.13. Price as of October 9, 2024, 11:16 a.m. ET. The Fool meets with Jim Sinegal, co-founder and longtime CEO of retail giant Costco. Join The Motley Fool for a conversation with retired...
Mar 21, 2021 · Sinegal earned a $350,000 salary during his tenure at Costco – which was far less than the industry average of $1 million for Fortune 100 CEOs at the time. When Sinegal went into retirement in 2018, he owned over $263 million in Costco stock (via The Seattle Times ).
Jim Sinegal is the co-founder and former CEO of Costco who has an estimated net worth of $2 billion and an annual salary of $350 thousand. Costco is an international retail chain with a membership-only warehouse club that provides a wide selection of merchandise.
