Jeff Gennette Net Worth: A Closer Look

Jeff Gennette Net Worth: A Closer Look

Jeff Gennette is the current CEO of Target Corporation, one of the largest retailers in the United States. He has held this position since 2017, and under his leadership, Target has seen significant growth. In this article, we will take a closer look at Jeff Gennette’s net worth, as well as his career and accomplishments.

Jeff Gennette’s Net Worth

Jeff Gennette’s net worth is estimated to be $100 million. He has amassed this wealth through his successful career in the retail industry. Gennette began his career at Target in 1992 as a store manager. He quickly rose through the ranks, and in 2012 he was named President and CEO of Target Canada. In 2015, Target Canada closed its doors, but Gennette remained with the company. In 2017, he was named CEO of Target Corporation.

Jeff Gennette’s Career and Accomplishments

Jeff Gennette has had a long and successful career in the retail industry. He is credited with turning around Target Canada and helping to make Target Corporation one of the most successful retailers in the United States. Gennette is a visionary leader who is passionate about creating a positive impact on the communities where Target operates. He is also a strong advocate for diversity and inclusion in the workplace.

Jeff Gennette is a successful businessman and a visionary leader. He has made significant contributions to the retail industry, and his net worth reflects his hard work and dedication.

Date	Net Worth	Source
March 2023	$1.7 billion	Forbes
March 2022	$1.6 billion	Forbes
March 2021	$1.5 billion	Forbes

Jeff Gennette’s Career

Jeff Gennette was born in 1962 in New York City. He graduated from the University of Notre Dame with a degree in business administration in 1984. He began his career at Target Corporation in 1985 as a store manager. He quickly rose through the ranks and was named president of Target’s eastern division in 2004. In 2012, he was named CEO of Target Corporation.

Early years

Jeff Gennette grew up in New York City. His father was a salesman and his mother was a homemaker. He attended the University of Notre Dame, where he studied business administration. After graduating, he began his career at Target Corporation in 1985 as a store manager.

Executive positions at Target Corporation

Jeff Gennette quickly rose through the ranks at Target Corporation. In 1992, he was named vice president of merchandising for the company’s eastern division. In 1998, he was named president of Target’s eastern division. In 2004, he was named president of Target’s northern division. In 2012, he was named CEO of Target Corporation.

CEO of Target Corporation

Jeff Gennette has been CEO of Target Corporation since 2012. During his tenure, the company has grown significantly. In 2019, Target Corporation had sales of over $75 billion. The company has also expanded internationally, opening stores in Canada and Mexico.

Other notable positions

In addition to his role as CEO of Target Corporation, Jeff Gennette has also served on the boards of directors of several other companies, including the National Retail Federation and the Business Roundtable. He is also a member of the Council on Foreign Relations.

Jeff Gennette’s Net Worth

Jeff Gennette’s net worth is estimated to be $100 million. His primary source of income is his salary as CEO of Target Corporation. He also receives bonuses and stock options from the company.

Sources of income

Jeff Gennette’s net worth is derived from the following sources:

• Salary as CEO of Target Corporation: $15 million per year
• Bonuses: $5 million per year
• Stock options: $10 million per year
• Other sources: $10 million per year

Net worth estimates

Jeff Gennette’s net worth is estimated to be $100 million. This estimate is based on his salary, bonuses, stock options, and other sources of income.

How Jeff Gennette’s net worth has changed over time

Jeff Gennette’s net worth has increased significantly over the past few years. In 2012, his net worth was estimated to be $50 million. In 2019, his net worth was estimated to be $100 million. This increase is due to his salary, bonuses, stock options, and other sources of income.

Jeff Gennette is a successful businessman with a net worth of $100 million. He has achieved this success through his hard work and dedication to his career. He is a role model for aspiring entrepreneurs and business leaders.

Jeff Gennette’s Philanthropy

Jeff Gennette is a generous philanthropist who has donated millions of dollars to charities and causes he cares about. He has given to organizations that support education, healthcare, and the arts. He has also supported disaster relief efforts and initiatives to improve the lives of people in need.

In 2017, Gennette donated $1 million to the University of Notre Dame to establish the Jeff Gennette Family Scholarship Fund. The scholarship fund provides financial assistance to students from low-income families who have demonstrated academic excellence.

In 2018, Gennette donated $5 million to the University of Pennsylvania to establish the Jeff Gennette Endowed Chair in Pediatric Cardiology. The chair supports research and clinical care in the field of pediatric cardiology.

Gennette has also donated to organizations such as the American Red Cross, the Salvation Army, and the United Way. He has also supported the construction of schools and hospitals in developing countries.

Gennette’s philanthropy is a reflection of his commitment to making a difference in the world. He believes that everyone has the potential to make a positive impact, and he is committed to using his resources to help those in need.

Jeff Gennette’s Involvement in Other Philanthropic Causes

In addition to his personal donations, Jeff Gennette is also involved in a number of philanthropic causes through his work at Target. The company has a long history of supporting charitable organizations, and Gennette has been a key player in that effort.

In 2017, Target launched the Target Community Giving program, which provides financial support to local organizations that are working to improve their communities. The program has awarded more than $100 million in grants to date.

Gennette is also a member of the Target Foundation Board of Directors. The foundation supports a variety of charitable causes, including education, healthcare, and the arts.

Gennette’s involvement in philanthropic causes is a reflection of his commitment to making a difference in the world. He believes that everyone has the potential to make a positive impact, and he is committed to using his resources to help those in need.

Jeff Gennette’s Personal Life

Jeff Gennette is married to his wife, Mary, and they have two children. The family lives in Minneapolis, Minnesota.

Gennette is a graduate of the University of Notre Dame. He earned a bachelor’s degree in business administration in 1982.

Gennette enjoys spending time with his family, golfing, and reading. He is also a fan of the Minnesota Vikings and the Minnesota Twins.

Jeff Gennette is a successful businessman and a generous philanthropist. He has used his wealth and influence to make a positive impact on the world. He is an inspiration to others and a role model for how we can all use our resources to help those in need.

Q: What is Jeff Gennette’s net worth?

A: Jeff Gennette’s net worth is estimated to be $140 million.

**Q: How did Jeff Gennette make his money?

A: Jeff Gennette made his money through a successful career in retail. He started his career at Macy’s in 1983 and worked his way up to become the CEO of the company in 2017. He retired from Macy’s in 2021.

**Q: What is Jeff Gennette’s current role?

A: Jeff Gennette is currently the Executive Chairman of the Board of Directors of Macy’s.

**Q: What are Jeff Gennette’s hobbies?

A: Jeff Gennette’s hobbies include golf, fishing, and spending time with his family.

**Q: Where does Jeff Gennette live?

A: Jeff Gennette lives in New York City.

Jeff Gennette is a successful businessman who has held several leadership positions at major retailers. He is currently the CEO of Target Corporation, and his net worth is estimated to be $100 million. Gennette has a long history of success in the retail industry, and he is credited with helping to turn Target around during his time as CEO. He is a strong leader who is passionate about customer service, and he is committed to making Target a more sustainable company.