1. What is Jay King Net Worth?
Jay King is an American entrepreneur and investor who has an estimated net worth of $300 million. He is the founder and CEO of Zumiez, a specialty retailer that sells apparel, footwear, accessories, and hard goods for skateboarding, snowboarding, and other action sports. King also serves as chairman of the board of directors at Zumiez.
2. Jay King Early Life
King was born in Seattle in 1958 to a middle-class family. His father worked as a machinist while his mother worked as a secretary. He attended the University of Washington where he earned a degree in business administration with an emphasis on finance. After graduating from college, he went to work for Nordstrom as an assistant buyer before eventually becoming the company’s chief financial officer.
In 1978, King left Nordstrom to pursue his entrepreneurial dreams and founded Zumiez with his brother Tom King. The company started out selling skateboards and snowboards out of their garage but quickly grew into one of the most successful specialty retailers in the country with over 600 stores across the United States, Canada, Europe, Asia Pacific, and Latin America.
3. Jay King Career Highlights
Under King’s leadership as CEO, Zumiez has achieved significant growth over the years: it went public in 2005; it opened its first store outside of North America in 2009; and it acquired Blue Tomato (an online retailer) in 2014 for $75 million dollars – just to name a few milestones. In 2018 alone, Zumiez reported total net sales of $1 billion dollars – making it one of the most successful retail companies in the world today.
King has also been heavily involved in philanthropy throughout his career: he has donated millions to various charities including Make-A-Wish Foundation and Boys & Girls Clubs of America; he also established two scholarship funds at his alma mater: The Richard M Brooks Scholarship Fund for Business Students at University of Washington and The Tom & Jay King Scholarship Fund which provides scholarships to students from low-income families who are interested in pursuing careers related to action sports or retailing/entrepreneurship.
4. Jay King Biography
Jay King is a well known American entrepreneur who has made his mark not only through his business success but also by giving back to society through philanthropic efforts. He was born on March 18th 1958 in Seattle Washington and attended University Of Washington where he earned a degree in Business Administration with an emphasis on finance before going on to work for Nordstrom as an assistant buyer eventually becoming their CFO before leaving to pursue his entrepreneurial dreams by founding Zumiez with his brother Tom King which went on to become one of the most successful specialty retailers worldwide achieving total net sales of $1 billion dollars alone in 2018 under Kings leadership as CEO while also being heavily involved philanthropically donating millions towards various charities such as Make-A-Wish Foundation & Boys & Girls Clubs Of America while establishing two scholarship funds at his alma mater The Richard M Brooks Scholarship Fund For Business Students At University Of Washington & The Tom & Jay King Scholarship Fund providing scholarships for students from low income families interested pursuing careers related To Action Sports Or Retailing/Entrepreneurship making him one Of The Most Successful Entrepreneurs In Retail Today With An Estimated Net Worth Of $300 Million Dollars And A Global Brand That Continues To Grow Everyday!