Image of Ryan Cohen

Ryan Cohen

Person

Activist investor known for driving GameStop's meme stock rally based on vibes and retail enthusiasm.


First Mentioned

6/5/2026, 6:19:23 AM

Last Updated

6/5/2026, 6:27:22 AM

Research Retrieved

6/5/2026, 6:27:22 AM

Summary

Ryan Cohen is a Canadian billionaire businessman, entrepreneur, and activist investor who is widely known as the "Meme King" due to his significant influence on meme stocks, most notably GameStop. Born in Montreal in 1986, Cohen co-founded the online pet supply retailer Chewy in 2011, growing it into a highly successful e-commerce platform before selling it to PetSmart for over $3.3 billion in 2017 and stepping down as CEO in 2018. In late 2020, he acquired a major stake in GameStop, subsequently joining its board in January 2021 and becoming its Chairman and CEO. Under his leadership, GameStop has engaged in high-profile market moves, including a massive Reddit-fueled stock surge and a surprise $55.5 billion bid to acquire eBay in 2026. Cohen also manages RC Ventures, LLC, and holds substantial investments in companies like Alibaba, Wells Fargo, and Netflix.

Referenced in 1 Document
Research Data
Extracted Attributes
  • Alias

    Meme King

  • Father

    Ted Cohen

  • Spouse

    Candice Cohen

  • Net Worth

    Approximately $5 billion (as of 2026)

  • Occupation

    Businessman, Activist Investor, Entrepreneur

  • Citizenship

    Canada

  • Date of Birth

    1986

  • Place of Birth

    Montreal, Quebec, Canada

Timeline
  • Co-founded online pet supply retailer Chewy with Michael Day. (Source: Web Search)

    2011-01-01

  • Sold Chewy to PetSmart for $3.35 billion. (Source: Web Search)

    2017-01-01

  • Stepped down as CEO of Chewy to pursue personal goals and spend time with family. (Source: Wikipedia)

    2018-01-01

  • Chewy went public at a valuation of $8.7 billion. (Source: Wikipedia)

    2019-06-01

  • Purchased a 13% stake in GameStop for approximately $76 million, urging management to restructure. (Source: Web Search)

    2020-12-01

  • Joined the board of directors of GameStop, preceding a massive Reddit-fueled surge in the stock price. (Source: Web Search)

    2021-01-11

  • Appointed as the Chairman of the Board of GameStop. (Source: Web Search)

    2021-04-08

  • Acquired a stake in Nordstrom, sending its stock price surging. (Source: Web Search)

    2023-02-06

  • Began communicating with Alibaba's board to encourage an increase in their share-repurchase program. (Source: Wikipedia)

    2023-08-01

  • Named CEO of GameStop. (Source: Web Search)

    2023-09-28

  • Agreed to pay a $985,320 civil penalty to the FTC to settle charges that his acquisition of Wells Fargo shares violated the Hart-Scott-Rodino Act. (Source: Web Search)

    2024-09-01

  • Led GameStop's surprise unsolicited $55.5 billion bid to acquire eBay. (Source: Web Search)

    2026-05-01

Ryan Cohen

Ryan Cohen (born 1986) is a Canadian billionaire businessman and activist investor. He founded e-commerce company Chewy in 2011, and was the company's chief executive officer (CEO) until 2018. Cohen is the chairman and CEO of GameStop. Cohen has been dubbed the "Meme King" for his influence on meme stocks such as that of GameStop.

Web Search Results
  • Ryan Cohen: The Meme King Who Built a $5 Billion Empire Through Customer Obsession

    ## 2. Early Life & Entrepreneurial Roots Ryan Cohen was born in 1986 to a Jewish family in Montreal. He never attended college, citing his father, who ran a glassware company, as his primary inspiration in pursuing an entrepreneurial route. His father, Ted Cohen, was an entrepreneur who owned a glassware importing business and served as Ryan's primary inspiration for pursuing entrepreneurship. [...] ## 10. Your Path Forward: Applying Cohen's Principles Ryan Cohen's story proves that the greatest opportunities often hide in plain sight, dismissed by conventional wisdom. He saw potential in pet supplies when everyone chased tech startups. He saw community in GameStop when everyone saw decline. The Cohen playbook isn't about following his specific moves—it's about developing the vision to see what others miss and the conviction to act when everyone else hesitates. Whether you're building a company or choosing investments, ask yourself: Are you studying the metrics, or are you understanding the people behind them? [...] Cohen also faced regulatory scrutiny beyond GameStop. In September 2024, the FTC announced that Ryan Cohen, managing partner of RC Ventures, LLC, and Chairman and CEO of GameStop Corp., will pay a $985,320 civil penalty to settle charges that his acquisition of Wells Fargo & Company shares violated the Hart-Scott-Rodino Act.

  • Ryan Cohen - Wikipedia

    Cohen has acquired a large stake in Alibaba worth hundreds of millions of dollars. In August 2023, he began communicating with the company's board, encouraging them to increase their share-repurchase program, which they did later that year, extending it to March 2025 and raising the amount from $25 billion to $40 billion. In addition to his active positions, Cohen also owns large passive investments in Wells Fargo and Netflix. [...] Wikipedia # Ryan Cohen Ryan Cohen (born 1986) is a Canadian billionaire businessman and activist investor. He founded e-commerce company Chewy "Chewy (company)") in 2011, and was the company's chief executive officer (CEO) until 2018. Cohen is the chairman and CEO of GameStop. | Ryan Cohen | | --- | | Cohen in 2026 | | | Born | 1986 (age 39–40) Montreal, Quebec, Canada | | Occupations | Businessman activist investor | | Known for | Founder and CEO of Chewy "Chewy (company)") (2011–2018) Chairman and CEO of GameStop | | Spouse | Candice Cohen | Cohen has been dubbed the "Meme King" for his influence on meme stocks such as that of GameStop. ## Contents ## Early life [...] to pursue personal goals and spend time with his family. In June 2019, Chewy went public at a valuation of $8.7 billion.

  • Who Is Ryan Cohen, GameStop's CEO Bidding for eBay: Net Worth, History - Business Insider

    His net worth is around $5 billion. Cohen's wealth has surged since joining GameStop's board five years ago, before becoming CEO, according to Forbes. Shortly after his board appointment, stock traders on Reddit started driving up the retailer's stock price. He never finished college. Originally from Montreal, Cohen dropped out of college to focus on the business world — a path inspired by his father, who ran his own business, Cohen told Forbes in 2020. He cofounded pet supply website Chewy in 2011. With Michael Day, Cohen built Chewy into an online pet supply retailer and ultimately sold the business to PetSmart for $3.35 billion in 2017. A dog owner himself, Cohen said he saw a chance to sell products, such as dog food, that Amazon hadn't yet broken into. [...] Cohen, GameStop's CEO, is at the helm of the company's effort to buy eBay for $55.5 billion. He was also the focus of Reddit's r/wallstreetbets five years ago as retail stock traders pushed up GameStop's price — the high point of the "meme stock" craze. The unsolicited offer for eBay, which the company made public on Sunday, dwarfs GameStop's own $11.9 billion market capitalization, leading some to question how the gaming retailer could afford the deal. Here's how Cohen rose to prominence, from cofounding pet company Chewy through the meme stock craze: [...] Subscribe Newsletters Retail # 8 things to know about Ryan Cohen, the 'meme king' GameStop CEO leading a bid for eBay By Alex Bitter You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. Ryan Cohen, the CEO of GameStop, wears a white dress shirt and black jeans. Ryan Cohen became CEO of GameStop in 2023. GameStop Read in app Copy link Email Facebook WhatsApp X LinkedIn Bluesky Threads Impact Link Save Saved This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? . GameStop's surprise bid for eBay isn't the first meme-able thing that Ryan Cohen has been involved in.

  • Ryan Cohen

    From the Editor ## Last Updated Mar 10, 2026, 1:01am EDT Ryan Cohen is the former CEO of online pets supplies store Chewy, which he cofounded in 2011. Cohen grew the business to $3.5 billion in annual revenues and stepped down in 2018 after selling it to PetSmart for $3.4 billion in 2017. At the end of 2020, Cohen spent about $76 million buying a 13% stake in GameStop while urging management to restructure the ailing brick-and-mortar. He joined GameStop's board in January 2021 and his fortune surged that month after Reddit traders coordinated a massive surge in the stock's price. The son of a teacher and a glassware importer, Cohen started his first business at the age of 15, collecting fees off referrals to e-commerce sites. Wealth History HOVER TO REVEAL NET WORTH BY YEAR [...] Entrepreneur turned activist investor Ryan Cohen has identified his next retail target. ByKevin DowdForbes Staff Apr 8, 2021 ### GameStop Taps Billionaire Investor Ryan Cohen As Board Chair, Sending Shares Surging Anew After a Reddit-fueled rally this year, GameStop shares are still up a staggering 940% this year. ByJonathan PoncianoForbes Staff Jan 11, 2021 ### Can Ryan Cohen Work His Chewy Magic At GameStop? Here’s A Possible Game Plan Ryan Cohen made online pet retailer Chewy a winner. Now he wants to do the same for GameStop. ByJoan VerdonSenior Contributor Aug 16, 2020 ### Chewy Founder Ryan Cohen, Who Sold His Company For $3 Billion, Shares His Best Advice Cohen: "For me, each no sounded like they just didn’t understand my vision." ByZack FriedmanFormer Contributor [...] India’s Gautam Adani, Virgin founder Richard Branson and GameStop CEO Ryan Cohen are among the billionaires from outside the U.S. who weighed in on Trump’s re-election. ByGiacomo TogniniForbes Staff Sep 29, 2023 ### Ryan Cohen Named New Gamestop CEO - Stock Falls In Response Cohen takes the reigns as Gamestop are still trying to find their place in the market after the frenzy of the short squeeze mania ByQ.ai - Powering a Personal Wealth MovementFormer Contributor Sep 28, 2023 ### Billionaire Chair Ryan Cohen Named GameStop CEO—Years After Meme Stock Surge He won’t be paid for filling the role. ByMary Whitfill RoeloffsForbes Staff Feb 6, 2023 ### Cohen At It Again, As Meme King Sends Nordstrom Stock Surging

  • Instagram

    Ryan Cohen explains that he approaches business with a simple mindset, run it like an owner, not an employee. Talking about eBay, Cohen says he would treat the company the same way he treated GameStop and Chewy. For him, leadership only works when your own money, reputation, and future are fully tied to the outcome. He says he has never taken risk free compensation and only benefits when the business itself succeeds. That ownership mentality is what separates operators from people who are simply managing a company for a paycheck.