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Costco is mainly owned by institutional investors, who own over 70% of shares. The largest shareholders in December 2023 are: [99] The Vanguard Group (9.10%) BlackRock (6.90%) State Street Corporation (4.21%) Fidelity Investments (2.09%) Morgan Stanley (1.98%) Bank of America (1.73%) BNY Mellon (1.24%) Norges Bank (1.24%) Northern Trust (1.13%)
From a fairly reliable source I learned that Costco stores are owned by China. Costco stands for: C - China. O - Off. S - Shore. T - Trading. CO - Company. They own two piers in San Francisco...
The top individual Costco shareholders are Craig Jelinek, Patrick Callans, and Richard Galanti. Costco's top institutional shareholders are Vanguard Group, BlackRock, and State Street...
James D. Sinegal (born January 1, 1936) is an American billionaire businessman and cofounder and former CEO of the Costco Wholesale Corporation, [1] an international retail chain. He served as Costco's president and CEO from 1983 until 2011.
In 1983, Sinegal joined with Jeffrey H. Brotman to open the first Costco Wholesale in Seattle. In 1993 the Price Company (corporate parent of Price Club) and Costco merged to become PriceCostco. In 1997 the corporate name was changed to Costco Companies, Inc. In 1999 the present corporate name–Costco Wholesale Corporation—was adopted.
Costco is a publicly traded company, meaning it is owned by its shareholders. There is no single owner. How publicly owned companies operate
Not many CEOs of major companies can say they've seen the entire organization from essentially the most basic jobs to the boardroom. But that's precisely the situation with Costco's chief executive officer, Ron Vachris, who took over the helm of the retail giant in January 2024.