Ryan Cohen

Ryan Cohen

$4.78 B

Ranked #861 in World

About Ryan Cohen

Canadian entrepreneur Ryan Cohen, recognized for his shareholder activism and the foundation of Chewy at 25, has emerged as a pivotal figure in e-commerce and retail transformations. Born to a Montreal-based Jewish family, his flair for business, cultivated by his father's influence, led him to forgo college and explore entrepreneurial ventures from age 15. Steering Chewy to become the top online pet retailer with a sale of $3.5 billion in revenue by 2018, Cohen later took the reins of GameStop, instigating a stock surge and a comprehensive overhaul. His notable investments including a significant stake in Apple and strategic moves in GameStop share acquisition highlight his active financial engagement. Despite his successes, Cohen faces legal challenges, including a lawsuit over alleged stock inflation and an SEC probe into his Bed Bath & Beyond dealings.

Born

August 04, 1985 in Montreal, Quebec, Canada

Age

40 years

Source Of Wealth

Investments

Industries

Finance & Investments

Citizenship

Canada

Residence

Bal Harbour, Florida

Ryan Cohen, a Canadian entrepreneur and activist investor, was born in 1985 or 1986 in Montreal to a Jewish family. Inspired by his father's entrepreneurial success, Cohen never attended college and started his first business at the age of 15, collecting fees from referrals to e-commerce sites.

Ryan Cohen: Family

Cohen comes from a Jewish family in Montreal, Canada. His father's entrepreneurial success inspired him to pursue his own business ventures.

Ryan Cohen: Career Highlights

Cohen's career highlights include founding Chewy, becoming the number 1 online pet retailer, and leading a company-wide transformation at GameStop. He also made significant investments in Apple, GameStop, and Bed Bath & Beyond.

Ryan Cohen: Companies

Cohen has been involved with several companies throughout his career, including Chewy, GameStop, Apple, and Bed Bath & Beyond.

Ryan Cohen: Major Achievements

Cohen's major achievements include growing Chewy to become the number 1 online pet retailer, leading a successful acquisition of Chewy by PetSmart, and triggering a stock rally at GameStop due to a short squeeze.

Ryan Cohen: Awards & Achievements

Cohen has not been publicly recognized with any major awards or achievements.

Ryan Cohen: Personal Life & Legacy

Cohen stepped down as CEO of Chewy in 2018 to pursue personal goals and spend time with his family. He published a series of children's books titled Teddy in 2022, based on lessons learned from his father. Cohen is known for his commitment to customer service and his willingness to challenge conventional business practices.

Ryan Cohen: Trivia

Cohen is an avid fan of the Montreal Canadiens ice hockey team and has expressed interest in purchasing the team in the future.

Wealth History

Timeline

1985 or 1986

Ryan Cohen is born to a Jewish family in Montreal, Canada.

2011

Ryan Cohen founds Chewy (originally MrChewy) at the age of 25.

2013

Chewy secures its first outside investment of $15 million from Volition Capital.

2016

Chewy becomes the number 1 online pet retailer with $900 million in sales.

2017

Chewy raises $350 million in preparation for an IPO.

2017

Chewy is acquired by PetSmart for $3.35 billion, the largest e-commerce acquisition at the time.

2018

Ryan Cohen steps down as CEO of Chewy to pursue personal goals and spend time with family.

June 2019

Chewy goes public at a valuation of $8.7 billion.

January 2021

Ryan Cohen joins GameStop's board along with two Chewy executives.

September 2020

Ryan Cohen discloses a near 10% stake in GameStop, later increased to 12.9%.

March 2022

Ryan Cohen acquires a near 10% stake in Bed Bath & Beyond through RC Ventures LLC.

August 15-18, 2022

Ryan Cohen sells all Bed Bath & Beyond stock, totaling 9.45 million shares with an estimated profit of $68 million.

March 2022

Ryan Cohen acquires 100,000 more GameStop shares, equivalent to 400,000 shares after the stock split.

June 2023

Ryan Cohen bolsters his GameStop stake with a purchase of 443,842 shares, equivalent to a $10 million investment.

September 28, 2023

Ryan Cohen takes over as Chief Executive Officer of GameStop, receiving no salary for his roles as CEO and chairman.

August 2022

Ryan Cohen is named in a federal lawsuit for an alleged fraudulent scheme to inflate Bed Bath & Beyond's stock price.

September 2023

SEC investigation into Ryan Cohen's trades of Bed Bath & Beyond shares is reported.

Ryan Cohen : FAQs

What is Ryan Cohen's current net worth?

Ryan Cohen's current net worth is $4.78 billion.

What is Ryan Cohen's current global rank among billionaires?

Ryan Cohen holds the 861st position globally among billionaires.

What is Ryan Cohen's current ranking within the Canada?

Ryan Cohen holds the 28th position in Canada.

What was the change in Ryan Cohen's net worth compared to the previous year?

Ryan Cohen's net worth decreased by 338.29 million dollars compared to the previous year 2025, when his net worth was 5.12 billion dollars.

What is the recent change in Ryan Cohen's net worth?

Ryan Cohen's net worth increased by 138.65 million dollars recently, a 2.9% increase, with his net worth standing at 4.78 billion dollars.

What are Ryan Cohen's main sources of wealth?

Ryan Cohen's main source of income comes from Investments.

In which industry does Ryan Cohen primarily operate?

Ryan Cohen is primarily involved in the Finance & Investments industry.

How old is Ryan Cohen?

Ryan Cohen is 40 years old.

Who is Ryan Cohen and what are his notable entrepreneurial achievements?

Ryan Cohen is a Canadian entrepreneur and activist investor, known for starting his first business at age 15 and later founding Chewy, an online pet retailer, in 2011. He led Chewy to success with innovative customer service strategies and grew the business to $3.5 billion in revenue by 2018 before Chewy went public in June 2019.

How did Ryan Cohen impact GameStop after joining the board?

Ryan Cohen's appointment to GameStop's board in January 2021, followed by his leadership as chairman, sparked a company-wide transformation and a stock rally. He brought on key executives from Amazon and Chewy, steered strategic decisions, and eventually became CEO in September 2023, working towards revitalizing the company.

What is Ryan Cohen's track record with strategic investments?

Ryan Cohen made significant investments in companies like Apple and GameStop, becoming large shareholders and expressing a proactive approach to management. He also made profitable trades with Bed Bath & Beyond stock through his firm RC Ventures LLC, demonstrating his acumen in equity investments.

What legal challenges has Ryan Cohen faced regarding his investment activities?

Ryan Cohen was named in a federal lawsuit in August 2022, accused of participating in a fraudulent scheme to inflate Bed Bath & Beyond's stock price. A class action suit is seeking $1.2 billion in damages, and the SEC has reported an investigation into his trades of the company's shares as of September 2023.

What contributions has Ryan Cohen made to literature and philanthropy?

Apart from his business ventures, Ryan Cohen has contributed to literature by publishing a series of children's books titled 'Teddy' in 2022, inspired by the life lessons he learned from his father, demonstrating his commitment to sharing values and knowledge with younger generations.
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