Ryan Cohen is a well-known entrepreneur, activist investor, and the person who started Chewy (an American E-commerce site and online store) and was its first CEO. At the moment, he is the Chairman of GameStop Corporation, an American store that sells video games and gaming accessories.
Cohen was born in Montreal to a glassware importer. He grew up there. When he was 14, he started building websites. His father was his first client, and then other local businesses hired him. People say that by the time he was 15, the affiliate-link websites he made were making him thousands of dollars a month.
“That’s how I began to understand business and how important it is to give the best customer experience,” he told CNBC Make It in August of last year. According to Forbes, Ryan’s Networth is $2.1B.
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Aside from his success and achievements, people are interested in his personal life. Here, we share what we know.
Who Is Ryan Cohen’s Wife Or Girlfriend?
It seems like Ryan has never disclosed any specifics about his personal life. We learned from the Internet that he has a son, but the identity of the woman who gave birth to his child has not been disclosed yet.
Cohen got a good deal when he sold Chewy to PetSmart for $3.4 billion, no matter what. At the time, his wife was pregnant, and she has since given birth to their first child. He told Chewy that he was leaving to focus on his family. Cohen said this in a statement: “In a short amount of time, Chewy has grown from an idea to a company that is shaking up and changing an entire industry. I think it’s time for me to hand over the torch so I can focus on my own goals and spend more time with my family.”
Cohen seems to have known what he was doing was best for himself and his family. When any fresh information regarding his personal life becomes available, we will keep our readers informed and will provide the latest updates.
Ryan Cohen In GameStop
Cohen took a short break from running his business after the sale.
His return to the spotlight happened when he invested in GameStop, a struggling video game store, which was a bit of a surprise.
Many analysts thought that its stores were as old as the ones that Blockbuster used to have. Cohen made this point in a tweet with a single emoji earlier this month.
In April, a coronavirus pandemic slump caused GameStop’s shares to fall to $2.80.
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In a letter to the company’s board in November, Cohen asked for a strategic review to create a solid plan for cutting costs, focusing on profitable retail locations, and building up its online business.
Regulatory filings show that Cohen put more money into GameStop just before Christmas 2020, when a company he owned paid $37 million for 2.5 million more shares.
By the end of the month, he had bought 9 million shares at an average price of $8.43, which cost him a total of $76 million at the time.