Ryan Cohen is a Canadian-born American entrepreneur, chairman, activist investor, Chewy founder, and former CEO, has a net worth of $1.9 billion. Ryan is well recognized as the creator of Chewy. Chewy is a Dania Beach, Florida-based e-commerce pet retailer. In 2011, at the age of 25, he co-founded the firm with his buddy Michael Day. Ryan Cohen was included in the Fortune 40 under 40 list in 2017 as a result of the success of Chewy. Cohen is the chairman of GameStop, a retailer of video games. He also runs the activist investor business RC Ventures. Cohen keeps his personal life private. As a result, nothing is known about his personal life and family.
Ryan Cohen’s Net Worth and Salary
Ryan Cohen’s net worth is $1.9 billion as of July 2021. In 2017, Cohen sold Chewy to PetSmart for $3.35 billion, making it one of the biggest e-commerce transactions in history. As a consequence, his net worth skyrocketed.
Cohen also makes money through his stakes in Apple, Wells Fargo, and GameStop.
Ryan Cohen: Personality
The Chewy entrepreneur is fascinated with execution, among other things. He works the majority of his awake hours and seldom sleeps more than three hours each night. Cohen’s meals consist mostly of steamed veggies with fish or poultry.
Ryan Cohen’s Professional Life
Ryan Cohen founded his first company when he was 15 years old. He was earning money at the time by referring people to e-commerce sites. He learned the ins and outs of the company from his father, who was a businessman. Furthermore, he considers his late father to be a mentor who taught him significant things at a young age. Cohen says the idea for Chewy came to him while shopping for his toy poodle, Tylee.
As a result, Cohen shifted his first jewelry firm to Chewy, an online pet retailer. His plan was to please consumers while running an ultra-efficient organization. Cohen effectively led the firm for six years as CEO. Eventually, in 2017, he agreed to sell it to PetSmart for a record price. Following his departure from Chewy, Cohen became Chairman of GameStop.
