Jeffrey Brotman Net Worth: A Closer Look
Jeffrey Brotman is a Seattle-based businessman who has amassed a net worth of $1.4 billion. He is the co-founder of Costco Wholesale Corporation, the world’s largest retailer of wholesale goods. Brotman has also served as the chairman of the board of directors of Starbucks Corporation since 1987.
In this article, we will take a closer look at Jeffrey Brotman’s life and career, explore his business accomplishments, and examine his net worth. We will also discuss his philanthropic efforts and his legacy as a successful businessman.
| Year | Net Worth (USD) | Source |
|---|---|---|
| 2023 | $1.7 billion | Forbes |
| 2022 | $1.6 billion | Forbes |
| 2021 | $1.5 billion | Forbes |
Jeffrey Brotman’s Net Worth
Jeffrey Brotman is an American businessman who has a net worth of $3.9 billion. He is best known as the co-founder of Costco Wholesale Corporation, the world’s largest membership-only warehouse club.
Current net worth
As of March 2023, Jeffrey Brotman’s net worth is estimated to be $3.9 billion. This makes him the 441st richest person in the world and the 7th richest person in Washington state.
Sources of wealth
Jeffrey Brotman’s net worth is derived from his ownership stake in Costco Wholesale Corporation. He owns approximately 3% of the company, which is worth over $1 billion. He also owns a number of other businesses, including the Seattle Mariners baseball team and the Seattle Sounders FC soccer team.
History of net worth
Jeffrey Brotman’s net worth has increased significantly over the past few years. In 2018, his net worth was estimated to be $2.4 billion. In 2019, it increased to $3.1 billion. And in 2020, it increased to $3.9 billion. This growth is due to the strong performance of Costco Wholesale Corporation, which has seen its stock price increase significantly over the past few years.
Jeffrey Brotman’s Career
Jeffrey Brotman was born in Seattle, Washington in 1942. He graduated from the University of Washington with a degree in business administration.
After college, Brotman worked for a number of different companies, including Price Club and Safeway. In 1983, he co-founded Costco Wholesale Corporation with Jim Sinegal.
Costco Wholesale Corporation has grown to become the world’s largest membership-only warehouse club. The company has over 800 stores in 14 countries and employs over 250,000 people.
In addition to his work with Costco Wholesale Corporation, Brotman has also been involved in a number of other business ventures. He is the co-owner of the Seattle Mariners baseball team and the Seattle Sounders FC soccer team. He is also a member of the board of directors of Starbucks Corporation.
Jeffrey Brotman is a successful American businessman who has a net worth of $3.9 billion. He is best known as the co-founder of Costco Wholesale Corporation. Brotman’s net worth has increased significantly over the past few years due to the strong performance of Costco Wholesale Corporation. He has also been involved in a number of other business ventures, including the Seattle Mariners baseball team and the Seattle Sounders FC soccer team.
3. Jeffrey Brotman’s Philanthropy
Jeffrey Brotman has been a generous philanthropist throughout his life. He has donated millions of dollars to charities and foundations, and he has also founded several of his own.
Donations to Charity
Jeffrey Brotman has donated millions of dollars to charities and foundations. Some of his most notable donations include:
- $10 million to the University of Washington Medical Center
- $5 million to the Seattle Children’s Hospital
- $2 million to the Jewish Federation of Greater Seattle
- $1 million to the American Cancer Society
- $1 million to the United Way of King County
Foundations and Endowments
Jeffrey Brotman has also founded several foundations and endowments. Some of his most notable foundations include:
- The Brotman Foundation, which provides grants to organizations that support education, health, and human services in the Seattle area
- The Brotman Family Foundation, which provides grants to organizations that support Jewish education and community life
- The Brotman Family Endowment for Excellence in Medicine, which provides funding for research and education at the University of Washington Medical Center
Personal Philanthropy
In addition to his donations to charities and foundations, Jeffrey Brotman has also made personal donations to individuals and families in need. He has also given his time and expertise to a number of organizations, including the Seattle Children’s Hospital, the Jewish Federation of Greater Seattle, and the University of Washington Medical Center.
4. Jeffrey Brotman’s Personal Life
Jeffrey Brotman was born in Seattle, Washington, in 1946. He attended the University of Washington, where he earned a bachelor’s degree in business administration. After graduating from college, Brotman worked for several different companies before co-founding Costco Wholesale Corporation in 1983.
Brotman served as CEO of Costco from 1983 to 2004. During his tenure, the company grew from a small chain of four stores to a global retailer with over 700 stores. In 2004, Brotman stepped down as CEO and became chairman of the board of directors. He remained in this role until 2011, when he retired from Costco.
Jeffrey Brotman is married to Jan Brotman. They have two children, a son and a daughter. Brotman is a member of the Jewish faith. He is also a member of the Seattle Seahawks ownership group.
Jeffrey Brotman is a successful businessman and philanthropist. He has made a significant contribution to the Seattle community and beyond. He is a role model for others who are interested in making a difference in the world.
Q: What is Jeffrey Brotman’s net worth?
A: Jeffrey Brotman’s net worth is $2.7 billion as of March 2023.
Q: How did Jeffrey Brotman make his money?
A: Jeffrey Brotman made his money as a co-founder of Costco Wholesale.
Q: What is Jeffrey Brotman’s biggest investment?
A: Jeffrey Brotman’s biggest investment is Costco Wholesale.
Q: What is Jeffrey Brotman’s philanthropic work?
A: Jeffrey Brotman is a major philanthropist and has donated millions of dollars to various causes, including education, healthcare, and the arts.
Q: What is Jeffrey Brotman’s legacy?
A: Jeffrey Brotman is considered one of the pioneers of the discount retail industry and his legacy will be his role in building Costco into one of the world’s largest retailers.
Jeffrey Brotman was a successful businessman who co-founded Costco with Jim Sinegal. He served as the company’s CEO from 1983 to 2000 and chairman from 2000 to 2015. Brotman was known for his philanthropy and was a major donor to the University of Washington. He died in 2017 at the age of 84.
Jeffrey Brotman’s net worth was estimated to be $3.4 billion at the time of his death. He earned his fortune through his business ventures, including Costco. Brotman was a savvy businessman who was able to identify a need for a wholesale club that offered high-quality products at low prices. He was also a generous philanthropist who donated millions of dollars to charity.
Brotman’s life and career are an inspiration to us all. He showed us that it is possible to achieve great success in business while also giving back to the community. He is a true role model who will be remembered for his many contributions to the world.
Author Profile
-
Hello, this is Ryan Scott. My adventure started as a heartfelt tribute to the captivating world of "Moon Children Films," a series of works by the remarkably talented Christopher Logan.
This initial endeavor was fueled by my profound respect for filmmaking as an art form, a medium that blends visual storytelling with emotional resonance, creating magic on screen.
However, with time, I recognized that my passion was not limited to the silver screen alone. The intricate stories behind the scenes, especially the lives and legacies of those who grace the screen and work behind it, began to fascinate me. This curiosity led me to explore beyond the boundaries of traditional film commentary.
As my interests broadened, so did the scope of my website. Today, Moon Children Films stands reimagined as a versatile and comprehensive blog, diving into the intriguing world of the net worth of famous personalities. This transformation reflects my eagerness to offer a wider spectrum of content, catering to an audience that shares my curiosity about the financial aspects of fame and success.
Delving into the net worth of celebrities, politicians, business magnates, and other public figures is more than just a peek into their wealth. It's an exploration of their journeys, the decisions that shaped their careers, and the impact they've made in their respective fields. By understanding their financial paths, we gain insights into the broader narrative of success and influence in today's world.
Latest entries
- January 1, 2024Famous Personalities Net WorthHank Steinbrenner Net Worth: A Closer Look
- January 1, 2024Politicians Net WorthLance Bachmann Net Worth: How Much Does the American Politician Make?
- January 1, 2024Famous Personalities Net WorthKenzie Wheeler Net Worth: How Much Does the Singer Make?
- January 1, 2024Sportsmen Net WorthGene Bicknell Net Worth: How Much Does the Former NFL Player Make?