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Costco: Seattle University
built 608 days ago
Munger, partner to the world's second-richest man, according to Forbes' most recent ranking, shops at Costco for prescriptions, golf balls, meats, fine wines, even clothes. William Gates II, father of Bill, the world's richest man according to Forbes, didn't shop at Costco much before he became a Costco board member. But sitting in his Seattle office last week he noted that he was, in fact, wearing a Costco-bought shirt and socks. Does his son shop at Costco?
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Jeff Brotman and Jim Sinegal came up with Costco's name over beers at a restaurant in South Seattle. "We didn't need to hire a firm for a couple hundred thousand dollars to come up with some name for us," Brotman said. "We got loose enough to come up with a name ourselves."
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More than 2,000 people now work in Costco's beautiful Home Offices in Issaquah, Washington. Nestled in the forested hills of this upscale Seattle suburb, the Home Offices are built around a man-made lake and conveniently situated near shopping and residential areas. Employees enjoy a casual work environment based on teamwork and ingenuity, coupled with challenging goals and pride of accomplishment.
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