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Ryan Cohen Net Worth: Is He A Father Of A Son?

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Eventually, Ryan established his Florida-based corporation, which he called MrChewy. He, along with Michael Day, created the corporation.

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When he laid the foundation for the business in 2011, he was only 25 years old.

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Ryan was inspired to follow in his father Ted's footsteps and start his own business because Ted had an importing company that specialized in glassware

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In 2013, Cohen received the initial $15 million in funding from Volition Capital, an outside investor. Sales for that year totaled $900 million, and he was able to obtain the company's money

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In April of 2017, PetSmart paid $3.35 billion to acquire Chewy. That made it the largest acquisition in the history of online shopping.

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This year, he increased the company's value to $3.5 billion. But in the same year, he resigned aside from his position as CEO to focus on his family.

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Within two weeks, the company's stock price rose 1,500%. In September of 2020, Ryan disclosed that he owned about 10% of the video game shop.