Rank #109
Rick Cohen & family
Net worth $24.6B
Warehouse automation · United States
- Born
- Jul 25, 1952
- Age
- 73
- Source
- Warehouse automation
- Residence
- Keene, New Hampshire
- Citizenship
- United States
- Marital status
- Married
- Children
- 3
- Education
- Bachelor of Arts/Science, The Wharton School at the University of Pennsylvania
Net worth over time
Biography
- Rick Cohen is owner and executive chairman of C&S Wholesale Grocers, the nation's largest grocery wholesaler, with some $30 billion in annual revenue.
- The bulk of his family's wealth comes from warehouse automation firm Symbotic, which is currently automating Walmart's 42 regional distribution centers.
- Cohen, whose grandfather started C&S in 1918, launched Symbotic after tinkering around with technology to solve his own distribution problems at the family grocery business.
- He built Symbotic largely in stealth, and took it public in a $5.5 billion SPAC deal sponsored by venture-capital giant SoftBank that closed in 2022. He is chairman, CEO and majority owner.
- Symbotic reported revenue of $2.2 billion in fiscal 2025, up from $1.8 billion the previous year.
Financial assets
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