• Meet Costco's multimillionaire cofounder Jim Sinegal, a Democrat megadonor who was only paid a third of the average CEO's salary during his time leading the wholesale retailer

    5 days ago - By Business Insider

    Costco cofounder Jim Sinegal walks through a Costco store in 2012.
    SAUL LOEB/AFP via Getty Images
    Jim Sinegal cofounded Costco alongside Seattle attorney Jeff Brotman in 1983.
    Despite building one of the largest retail chains in America, Sinegal consistently earned less than other CEOs throughout his career at Costco and believes it's "wrong" for companies to have huge wage gaps between executives and other employees.
    Sinegal is a staunch Democrat, speaking on President Barack Obama's behalf at the 2012 Democratic National Convention, endorsing Hillary Clinton's 2016 presidential bid, and...
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