As of 2019, James D. Sinegal held over 631,000 shares of Costco, worth around hundreds of millions. His wealth was notably tied to these shares, which he managed carefully, holding most directly and some through trusts. During his time as...

As of 2019, James D. Sinegal held over 631,000 shares of Costco, worth around hundreds of millions. His wealth was notably tied to these shares, which he managed carefully, holding most directly and some through trusts. During his time as CEO, the value of his holdings swelled, yet he chose not to prioritize personal gain over the company’s mission. In 2001 and 2002, despite having significant stock worth, he voluntarily declined bonuses, emphasizing his alignment with shareholder interests. After announcing his retirement in 2011, he continued to hold substantial equity in Costco, reflecting his deep-rooted belief in the company’s potential and success. His commitment to Costco's growth reflects a long-term vision that kept shareholders and employees in mind, demonstrating strategic management of his financial interests coupled with corporate responsibility.