Co-founder of Costco. In 2012 he had a net worth of over $3 billion. He founded Costco with Jeffrey H. Brotman in 1983 in Kirkland, Washington.
He graduated from San Diego State University in 1959. He was a bagger at FedMart in 1954.
He was mentored by Sol Price, who pioneered the concept of the warehouse store.
He fathered three children with his wife Janet.
He was often mentioned in the same breath as Sam Walton for his successes within discount retail shopping.