Costco Net Worth (Updated 2025).

Costco, a name synonymous with wholesale shopping, was founded in 1976 by James “Jim” Sinegal and Jeffrey H. Brotman. The duo, with a vision to provide quality goods at competitive prices, launched their first store in Seattle, Washington, under the name Price Club. The concept was simple yet innovative: sell products in bulk quantities directly to businesses and individuals, bypassing traditional retail markups.

The company’s trajectory shifted in 1983 when it adopted the name Costco, reflecting its commitment to keeping costs low for consumers. This strategic move, coupled with a focus on exceptional customer service and a unique membership model, started to draw significant attention. By the late 1980s, Costco had expanded its presence across the United States, and by the mid-1990s, it had established a global footprint, opening its first international store in Canada.

Costco’s Current Net Worth (2025)

As of 2025, Costco’s current net worth is estimated to be around $120 billion. This significant figure reflects the company’s continued growth and success in the retail industry.

Costco’s Career

Founded in 1976, Costco has grown from a single warehouse in Seattle to a global retailer with over 800 locations worldwide. It’s known for its membership-based model, offering a wide range of products at discounted prices.

Other Ventures

In addition to its retail operations, Costco has ventured into other businesses. It owns and operates gas stations, offers financial services like credit cards and mortgages, and even has a travel agency.

Assets

Costco’s assets are primarily in the form of property and equipment. As of 2021, these assets totaled over $30 billion, including land, buildings, and equipment used in its operations.

Annual Income

Costco’s annual income, or revenue, has been consistently growing. In the fiscal year 2021, the company reported a total revenue of $163.22 billion, reflecting its strong performance in the market.

Frequently Asked Questions about  Costco

Frequently Asked Questions: Costco Net Worth

1. What is Costco’s net worth?

Costco’s net worth is estimated to be over $40 billion.

2. How many stores does Costco have worldwide?

Costco operates over 800 stores worldwide, with locations in 12 countries.

3. What is Costco’s annual revenue?

Costco’s annual revenue is around $163 billion.

4. When was Costco founded?

Costco was founded in 1976.

5. Who is the CEO of Costco?

The current CEO of Costco is Craig Jelinek.

6. What is Costco’s stock symbol?

Costco’s stock symbol is COST on the NASDAQ.

7. How many employees does Costco have?

Costco employs over 140,000 full-time and 20,000 part-time employees.

8. What are some of Costco’s most popular products?

Some of Costco’s most popular products include rotisserie chickens, Kirkland Signature products, and electronics.

9. Does Costco accept Visa cards?

Yes, Costco accepts Visa cards, including Costco Anywhere Visa cards by Citi.

10. What is Costco’s return policy?

Costco offers a 100% satisfaction guarantee, allowing customers to return most items at any time for a full refund or replacement.