Rank #854
Ryan Cohen
Net worth $5.0B
Investments · Canada
- Born
- Aug 04, 1985
- Age
- 40
- Source
- Investments
- Residence
- Bal Harbour, Florida
- Citizenship
- Canada
- Marital status
- Married
- Children
- 0
- Education
Net worth over time
Biography
- Ryan Cohen is the former CEO of online pets supplies store Chewy, which he cofounded in 2011.
- Cohen grew the business to $3.5 billion in annual revenues and stepped down in 2018 after selling it to PetSmart for $3.4 billion in 2017.
- At the end of 2020, Cohen spent about $76 million buying a 13% stake in GameStop while urging management to restructure the ailing brick-and-mortar.
- He joined GameStop's board in January 2021 and his fortune surged that month after Reddit traders coordinated a massive surge in the stock's price.
- The son of a teacher and a glassware importer, Cohen started his first business at the age of 15, collecting fees off referrals to e-commerce sites.
- Cohen owns around seven million shares in the embattled Chinese tech firm Alibaba.
- In 2022, Cohen bought?and then quickly sold?Bed Bath & Beyond stock for a $70 million profit.
Financial assets
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