Is the CEO of Costco a billionaire?
And it’s all such a deal! We have Seattle-based billionaire Jim Sinegal to thank for the value-laden warehouse store.
What family owns Costco?
Jim Sinegal and Jeffrey H. Brotman opened the first Costco warehouse in Seattle on September 15, 1983. Sinegal had started in wholesale distribution by working for Sol Price at FedMart; Brotman, an attorney from an old Seattle retailing family, had also been involved in retail distribution from an early age.