An American businessman, activist investor, founder of Chewy, and former CEO with a net worth of $1.9 billion, Ryan Cohen was born in Canada. Ryan is highly known for being Chewy’s creator. Chewy is an online pet store situated in Dania Beach, Florida.
At the age of 25, he and his friend Michael Day co-founded the business. The success of Chewy led to Ryan Cohen’s inclusion on the Fortune 40 under 40 list in 2017. Cohen is the CEO of the video game retailer GameStop. He is also the owner of RC Ventures, an activist investor firm. Cohen maintains a secluded life. Thus, nothing is known regarding his private affairs or family.
Ryan Cohen’s Net Worth and Salary
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As of July 2021, Ryan Cohen’s net worth was $1.9 billion. One of the largest e-commerce deals in history occurred in 2017 when Cohen sold Chewy to PetSmart for $3.35 billion. As a result, his net worth increased dramatically. Cohen also benefits financially from his ownership interests in Apple, Wells Fargo, and GameStop.
Ryan Cohen: Personality
The Chewy businessman is particularly intrigued by execution. He works most of the time he is awake and seldom gets more than three hours of sleep every night. Cohen typically eats steamed vegetables with fish or fowl.
Ryan Cohen’s Professional Life
When Ryan Cohen was 15 years old, he established his first business. At the time, he was making money by sending customers to e-commerce websites. His father, a businessman, taught him the ins and outs of the organization. He also views his late father as a mentor who gave him important lessons when he was young. Cohen claims that while buying Tylee, his toy poodle, he had the concept for Chewy.
Cohen moved his initial jewelry business to the online pet store Chewy as a result. His goal was to manage an incredibly effective business while appeasing customers. Cohen served as CEO of the company for six of those years. In the end, he decided to sell it to PetSmart in 2017 for a record sum. After leaving Chewy, Cohen was appointed Chairman of GameStop.
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