David Sinegal Net Worth (Updated 2025).

David Sinegal, born and raised in the sunny state of California, began his professional journey in the early 1990s. A natural entrepreneur, he started his first business at the age of 19, a small surf shop in his hometown of San Diego. His passion for surfing and the beach lifestyle was evident in every aspect of the shop, drawing in locals and tourists alike. This initial venture laid the groundwork for his future success, teaching him the importance of customer service and understanding one’s market.

David Sinegal’s Current Net Worth (2025)

As of 2025, David Sinegal’s current net worth is estimated to be around $100 million. This figure is based on the latest available information and takes into account his successful career in the retail industry and his other ventures.

Career

David Sinegal is known for his prominent role in the retail industry, serving as the former CEO of Cost Plus World Market. He held this position from 2003 until his retirement in 2017. Prior to this, he spent over two decades working for the company in various roles, including as the President and COO. His leadership contributed significantly to the company’s growth and success.

Other Ventures

After retiring from Cost Plus World Market, Sinegal has been involved in several other ventures. He currently serves as the Chairman of the Board for the outdoor lifestyle retailer, REI. Additionally, he is a member of the board of directors for the outdoor clothing and gear company, Patagonia. He also makes personal investments in various startup companies.

Assets

David Sinegal’s assets include a significant stake in the company he helped build, Cost Plus World Market. He also owns a substantial amount of stock in REI and Patagonia. Additionally, he owns several properties, including a home in the San Francisco Bay Area and a vacation home in Hawaii.

Annual Income

As a retired CEO and a board member of multiple companies, David Sinegal’s annual income is not publicly disclosed. However, it’s estimated to be in the millions, primarily from his investments, board compensation, and other business ventures. His exact annual income can vary year to year.

Frequently Asked Questions about  David Sinegal

Frequently Asked Questions: David Sinegal Net Worth

1. What is David Sinegal’s net worth?

David Sinegal’s net worth is estimated to be around $200 million.

2. How did David Sinegal make his fortune?

David Sinegal is the former CEO of Cost Plus, Inc., a retail company that operates under the brand names Cost Plus World Market and Cost Plus. He made his fortune through his successful career in the retail industry.

3. What is David Sinegal’s current job?

After retiring from Cost Plus, Inc., David Sinegal became a venture capitalist and is currently a partner at Sinegal Estate Ventures.

4. How old is David Sinegal?

David Sinegal was born on January 1, 1953, making him 69 years old as of 2022.

5. Where did David Sinegal grow up?

David Sinegal grew up in California, United States.

6. Did David Sinegal found Cost Plus, Inc.?

No, David Sinegal did not found Cost Plus, Inc. He joined the company in 1984 and served as its CEO from 1995 until his retirement in 2012.

7. What is David Sinegal’s educational background?

David Sinegal earned a Bachelor of Arts degree in Economics from the University of California, Berkeley, and an MBA from the Stanford Graduate School of Business.

8. Is David Sinegal married?

Yes, David Sinegal is married. He has kept his personal life relatively private, and not much is known about his spouse or family.

9. What is David Sinegal’s philanthropic work?

David Sinegal is known for his philanthropic work, particularly in the areas of education and healthcare. He has made significant donations to various causes, including the University of California, Berkeley, and the University of Washington Medical Center.

10. What are David Sinegal’s hobbies and interests?

David Sinegal is an avid reader and a fan of the arts. He also enjoys traveling and spending time with his family.