Jeffrey Brotman, born in 1942, kicked off his career in the retail industry after graduating from the University of Washington with a degree in Business Administration. He began his professional journey at the May Department Stores Company, where he honed his skills in merchandising and management.

In 1982, Brotman co-founded the now-renowned discount retailer, Costco Wholesale Corporation, with James Sinegal. Starting with a single warehouse in Seattle, they pioneered the membership-based warehouse club concept, which quickly gained traction due to its unique business model and commitment to customer satisfaction.

**Jeffrey Brotman’s Net Worth in 2025**

As of 2025, Jeffrey Brotman’s net worth is estimated to be around $5.5 billion, according to the latest available information.

**Career**

Jeffrey Brotman co-founded the retail giant, Costco, in 1983. He served as the company’s CEO from 1999 to 2004 and as Executive Chairman until 2012. His leadership played a significant role in Costco’s growth and success.

**Other Ventures**

Brotman has also been involved in various other ventures. He is a co-owner of the Seattle Mariners baseball team and has served on several corporate boards, including Amazon and Starbucks.

**Assets**

Brotman’s assets include a significant stake in Costco, real estate, and investments in other companies. He also owns a private jet and a luxury home in the Seattle area.

**Annual Income**

While his exact annual income is not publicly disclosed, as of 2021, Jeffrey Brotman’s estimated annual income is around $120 million, primarily from his stake in Costco and other investments.

Frequently Asked Questions about  Jeffrey Brotman

What is Jeffrey Brotman’s net worth?

Jeffrey Brotman’s net worth is estimated to be around $3.5 billion.

How did Jeffrey Brotman make his fortune?

Jeffrey Brotman co-founded Costco Wholesale Corporation in 1983. He served as the company’s CEO until 1999 and remained on the board of directors until his death in 2017.

What was Jeffrey Brotman’s role at Costco?

Jeffrey Brotman was the co-founder and former CEO of Costco Wholesale Corporation. He was also a significant shareholder in the company.

When was Jeffrey Brotman born?

Jeffrey Brotman was born on August 15, 1942.

Where was Jeffrey Brotman born?

Jeffrey Brotman was born in New York City, New York, USA.

When did Jeffrey Brotman pass away?

Jeffrey Brotman passed away on August 1, 2017.

What was the cause of Jeffrey Brotman’s death?

The cause of Jeffrey Brotman’s death was not disclosed to the public.

Did Jeffrey Brotman have any children?

Yes, Jeffrey Brotman had two children, a son named Scott and a daughter named Craig Jelinek, who is also the current CEO of Costco.

What was Jeffrey Brotman’s educational background?

Jeffrey Brotman graduated from the University of Washington with a Bachelor of Arts degree in 1964. He then went on to earn a Juris Doctor degree from the University of Washington School of Law in 1967.

What was Jeffrey Brotman’s philanthropic work?

Jeffrey Brotman was known for his philanthropic work. He and his wife, Susan, were significant donors to various charitable causes, including education, healthcare, and the arts. They established the Brotman Baty Institute for Precision Medicine at the University of Washington in 2015.