Richard Galanti Net Worth (Updated 2026).

Richard Galanti, born and raised in the bustling city of New York, began his career in the early 1980s, fresh out of college with a degree in finance. His first job was at a small investment firm, where he quickly demonstrated his analytical skills and keen eye for detail. This caught the attention of his superiors, leading to rapid promotions and increased responsibilities.

However, Galanti’s big break came when he joined Microsoft in 1983, just a year after the company was founded. He started as a financial analyst, but his talent and dedication soon led him to become the company’s first corporate controller. As Microsoft grew exponentially, Galanti played a pivotal role in managing its finances, helping it navigate the complex world of corporate finance and accounting. His work was instrumental in Microsoft’s transformation from a small startup to a global tech giant.

Richard Galanti’s Current Net Worth

As of 2025, Richard Galanti’s current net worth is estimated to be around $150 million, according to the latest available information.

Career

Richard Galanti, born in 1955, is the Executive Vice President and Chief Financial Officer of Costco Wholesale Corporation. He joined Costco in 1989 and has been instrumental in the company’s growth and success. Prior to Costco, Galanti worked at Kmart Corporation and Price Waterhouse.

Other Ventures

Galanti serves on the board of directors for the Costco Wholesale Corporation and is also a member of the Audit and Executive Committees. He is known for his straightforward and candid communication style, often providing insights into the company’s financial performance.

Assets

Galanti’s assets include a significant stake in Costco Wholesale Corporation, valued at over $100 million. He also owns multiple properties, including a waterfront home in Kirkland, Washington, valued at around $10 million.

Annual Income

In 2021, Galanti’s total compensation from Costco Wholesale Corporation was approximately $7.5 million, including his salary, stock awards, and other compensation. His annual income has consistently placed him among the highest-paid executives in the retail industry.

Frequently Asked Questions about  Richard Galanti

1. What is Richard Galanti’s net worth?

Richard Galanti’s net worth is estimated to be around $100 million.

2. Who is Richard Galanti?

Richard Galanti is an American businessman and the Chief Financial Officer (CFO) of Costco Wholesale Corporation.

3. How did Richard Galanti make his money?

Galanti made his money through his career in finance and his role as the CFO of Costco, where he has been employed since 1984.

4. What is Richard Galanti’s salary at Costco?

As of 2021, Galanti’s annual salary at Costco is $850,000.

5. Does Richard Galanti have any other sources of income?

Yes, Galanti also earns income from stock ownership in Costco. As of 2021, he owns over 1 million shares in the company.

6. What is Richard Galanti’s role at Costco?

Galanti serves as the Executive Vice President and Chief Financial Officer of Costco, overseeing the company’s financial operations.

7. When did Richard Galanti join Costco?

Galanti joined Costco in 1984, just two years after the company was founded.

8. Has Richard Galanti received any awards or recognition for his work?

Yes, Galanti has been recognized for his contributions to the retail industry. In 2019, he was inducted into the National Association of Convenience Stores (NACS) Convenience Industry Hall of Fame.

9. What is Richard Galanti’s educational background?

Galanti holds a Bachelor’s degree in Accounting from the University of California, Los Angeles (UCLA) and is a Certified Public Accountant (CPA).

10. Does Richard Galanti have any family members working at Costco?

Yes, Galanti’s wife, Lynn Galanti, also works at Costco as the Vice President of Human Resources.