Ryan Cohen
Ryan Cohen

Celebrity Profile

Name: Ryan Cohen
Occupation: Executives
Gender: Male
Country: Not Known

Social Accounts

Height: in centimeters - N/A
Weight: in kg - N/A
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Ryan Cohen

Ryan Cohen was born in Not Known. Ryan Cohen is an Executives, . Find out Ryan Cohennet worth 2020, salary 2020 detail bellow.

Net Worth

Net Worth 2020

$600 Million

Salary 2020

Not known

With the net worth of $600 Million, Ryan Cohen is the # 1326 richest person on earth all the time follow our database.

Biography Timeline

2011

In 2011, at the age of 25, Cohen founded Chewy under its original name of MrChewy. Cohen says his inspiration for picking the pet category came from his experience shopping for his poodle Tylee. He cites his father Ted, who ran a glassware importing business, as a mentor. In need of capital, Cohen says he originally approached over 100 venture capital firms and was rejected by all of them. In 2013, Cohen secured the company's first outside investment from Volition Capital for $15 million. By 2016, he had raised capital from investors including BlackRock and T. Rowe Price New Horizons Fund. That year the company had $900 million in sales and had become the number 1 online pet retailer. By 2017, Cohen had raised $350 million and was preparing for an IPO.

2017

Ryan Cohen (born 1985 or 1986) is the co-founder and former CEO of e-commerce company Chewy, which was acquired by PetSmart in 2017 for $3.35 billion.

In April 2017, PetSmart purchased Chewy for $3.35 billion in the largest e-commerce acquisition of all time. That year Fortune named Cohen one of its “40 under 40" and Vox named him to its Recode 100 list. Cohen remained CEO following the acquisition and operated the business largely as an independent unit of PetSmart. In March 2018, he stepped down as CEO to pursue personal goals and spend time with his family. In June 2019, Chewy went public at a valuation of $8.7 billion.

2020

In September 2020, Cohen disclosed a near 10 per cent stake at GameStop, an American video-game retailer, making him the company's biggest individual investor. According to a filing, Cohen’s firm, RC Ventures, has expressed willingness to get more involved with the company in order “to produce the best results for all shareholders."

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