Ryan Cohen is the co-founder and ex-CEO of one of the most successful online pets related companies, Chewy.
As of today, Cohen has been actively investing as a shareholder in companies that are worth billions.
Read below to know everything about Ryan, from his business journey to his relationship status and net worth.
Ryan Cohen Quick Facts
Height: 5 feet and 9 inches
Parents: Ted Cohen
Relationship status: N/A
Children: 1 Son
Profession: Entrepreneur and Investor
Net Worth: $1.9 billion
Ryan Cohen Age, Background, Family
Ryan was born in 1986 in Montreal, Canada.
Any further information about his birth date remains unavailable. As of today, Cohen is 35 years old.
As Ryan is quite confidential about his personal life, we failed to gather much information regarding his family, early life, and education.
Later in 2019, the tragic death of his father, Ted Cohen, shook his entire family.
Cohen was an entrepreneur himself who imported glassware in Canada.
During a conversation with Bloomberg about his deceased father, he revealed that his father was a mentor to him.
Ryan’s highest qualification is high school graduation. Later, he joined college for further education but dropped out.
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Ryan Cohen & Starting Chewy
Ryan founded chewy along with Michael Day in 2011.
According to Ryan, the idea of starting a company for pet products popped in his mind as he was shopping for his own pet dog.
Ryan and Michael had named the company Mr.Chewy before deciding on Chewy.
It was tough for both Ryan and Michael to raise capital. Their proposal had been rejected by almost 100 capital firms.
Finally, in 2013, they managed to raise a capital of $15 million from Volition company that made an investment.
Within 2016, the company capital had massively increased, which resulted in $900 million worth of sales.
Eventually, the company became the no. 1 online pet retailer.
Later, in 2017, the company’s worth was $359 million and was about to go public.
Meanwhile, PetSmart approached to purchase Chewy.
So, in April 2017, Chewy was sold to PetSmart for $3.35 billion. Thus, making it the largest purchase in the history of e-commerce at that time.
Even after selling the company, he continued as its CEO and kept running the business until 2018.
In 2018, he resigned from his post in order to pay more attention to his family.
After the sale of his company, Cohen decided to make huge investments in companies like Apple and Wells Fargo.
As of today, he owns $550 million worth of Apple stocks.
In September 2020, Cohen became the biggest individual investor in GameStop after buying 10% of its shares which further increased to 12%.
As disclosed, he is holding the position of chairman of a newly formed committee in the company and has plans on surpassing Amazon.
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Is Billionaire Ryan Cohen Married? Partner
As mentioned earlier, Cohen keeps his personal life and people close to him very confidential; very little is known to the public and media.
Neither has he ever spoken about his relationship status or partners nor has he ever dropped hints.
Although his personal life has always remained a mystery, there’s one thing that surfaced earlier.
That he has a son.
Yes, the billionaire businessman Ryan Cohen has a son, and he’s a cute little baby.
This strengthened suspicion of fans and followers that Ryan is already married.
However, the young investor keeps curtains closed on this matter.
There’s also a chance that he isn’t married but casually dating someone.
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Ryan Cohen Net Worth
Cohen, as one of the most successful businessmen, started his entrepreneur journey very young.
Since starting Chewy, Cohen has been climbing the success staircase ever since.
Ultimately, all of his successful ventures have made him a billionaire.
After selling the company, he invested most of his capital in Apple and became its largest individual shareholder.
Again, in 2020, he invested in GameStop, becoming its largest individual shareholder.
So, from his significant investments in huge companies, his net worth is estimated to be $1.9 Billion.
How Old Is Ryan Cohen?
Ryan Cohen is 35 years old. He was born in 1986, in Montreal, Canada.
How Tall Is Ryan Cohen?
Ryan Cohen is 5 feet 9 inches or 176cm tall in height.
What Is Ryan Cohen Net Worth?
Ryan Cohen has a massive net worth of $1.9 billion in 2021.
Is Ryan Cohen Married? Who Is Wife?
As of now, Ryan Cohen is not married. However, he has a son.