Ryan Cohen is a Canadian-born American entrepreneur, CEO, activist investor, founder of Chewy, and former CEO, with a net worth of $1.9 billion. Ryan is well known as the creator of Chewy. Chewy is an e-commerce pet retailer in Dania Beach, Florida. In 2011, at the age of 25, he founded the company together with his friend Michael Day. Ryan Cohen was named to the 2017 Fortune 40 Under 40 list as a result of Chewy’s success. Cohen is the president of GameStop, a video game retailer. He also runs the activist investor firm RC Ventures. Cohen keeps his personal life private. As a result, nothing is known about his personal life and family.
Ryan Cohen 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 largest e-commerce transactions in history. As a result, his net worth skyrocketed. Cohen also makes money through his stakes in Apple, Wells Fargo and GameStop.
Ryan Cohen: Personality
Entrepreneur Chewy is, among other things, fascinated by execution. He works most of his hours awake and rarely sleeps more than three hours each night. Cohen’s meals mostly consist of steamed vegetables with fish or poultry.
The professional life of Ryan Cohen
Ryan Cohen founded his first company when he was 15 years old. At the time, he was making money by referring people to e-commerce sites. From his father, who was a businessman, he learned the ins and outs of the company. Furthermore, he considers his late father a mentor who taught him important things at a young age. Cohen says he got the idea for Chewy while shopping for his toy poodle, Tylee.
As a result, Cohen spun off his first jewelry company into Chewy, an online pet retailer. His plan was to please consumers while running an ultra-efficient organization. Cohen actually ran the company for six years as CEO. He eventually agreed to sell it to PetSmart in 2017 for a record price. After leaving Chewy, Cohen became president of GameStop.
Categories: Entertaintment
Source: HIS Education