Ryan Cohen
- Net worth $1.2 billion
- Status -
- Country United States
- Source(-s) of wealth Entrepreneur, Investor
How much is Ryan Cohen Worth? Ryan Cohen Net Worth in 2026
Ryan Cohen’s net worth is estimated at $1.2 billion as of November 2026. Nearly all of it is one disclosed bet: 42,492,652 GameStop shares that cost him about $225 million. Cohen co-founded the online pet retailer Chewy, sold it, and then put much of the proceeds into GameStop, the company he now runs.
| Net worth | $1.2 billion (our estimate, range $0.9 to $1.5 billion) |
|---|---|
| Country | United States |
| Known for | Co-founding Chewy, leading GameStop |
| Main income sources | GameStop shares, proceeds from the Chewy sale |
How much is Ryan Cohen worth in 2026?
We estimate Ryan Cohen’s net worth at about $1.2 billion. The GameStop part is documented in regulatory filings. The Chewy part is not, because nothing public says how much of the sale price reached him, so that row is an assumption and the range reflects it.
How Ryan Cohen built it
- Bought with his own money. He paid about $225 million for the 42.5 million GameStop shares he holds directly.
- Kept buying on dips. A 13 October 2026 filing showed new purchases at $27.00 and $26.75 a share.
- Sold early to a bigger buyer. Chewy sold to PetSmart for a reported $3.35 billion in 2017.
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Get the Alux appHow we got to $1.2 billion
| Source | Our estimate | What it rests on |
|---|---|---|
| GameStop shares | About $1,147 million | 42,492,652 shares held directly, per a 13D/A filed with the SEC on 13 October 2026, at the $27.00 he paid that day. |
| Chewy proceeds | About $350 million | PetSmart bought Chewy in 2017; the terms were not disclosed, but a report put the price at $3.35 billion in cash, which a source told Fortune was inaccurate. His share is not published; $350 million is our assumption. |
| Tax on Chewy proceeds | Minus $80 million | About 23 percent, our assumption. |
| Cash spent on GameStop | Minus $225 million | The filing puts the aggregate purchase price of his directly held shares at about $225 million. |
| Total | About $1.19 billion | $1,147 + $350 – $80 – $225 million. |
A $225 million purchase now worth five times as much
On 13 October 2026 a Form 4 showed him buying 777,000 shares at $27.00 and 67,130 at $26.75, and his holding stood at about 9.1 percent of the company including 3,734,784 warrants. The warrants are out of the money at that price, so we give them no value.
Our calculation: 42,492,652 shares at $27.00 is $1.147 billion. Against the $225.4 million cost that is a paper gain of about $922 million, 5.1 times what he paid. Every $1 move in the stock changes his net worth by about $42 million.
Why the estimates disagree
Public estimates differ because the Chewy proceeds are unknown, because some count his warrants as shares, and because the GameStop price moves daily. The latest documented event is that October 2026 filing. Our figure falls or rises with the stock, and it would change sharply if he disclosed what he took from Chewy or received a new pay award.
Ryan Cohen net worth FAQ
What is Ryan Cohen’s net worth?
About $1.2 billion as of November 2026 by our estimate, most of it GameStop stock.
How many GameStop shares does Ryan Cohen own?
42,492,652 directly as of 13 October 2026, or 46,227,436 including warrants, about 9.1 percent of the company.
How much did Ryan Cohen make from Chewy?
PetSmart bought Chewy in 2017 at a reported $3.35 billion, a figure the companies did not confirm. His personal share is not published; we assume about $350 million before tax.
How much did Ryan Cohen pay for his GameStop shares?
About $225 million for the shares he holds directly, per the SEC filing.
Why is part of this estimate rough?
The Chewy proceeds are an assumption, so the range is wide.
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How we estimate net worth
Our estimates are based on public reporting, company valuations, and deal and earnings figures all compiled in an internal valuation model. They are approximate, and figures change over time as new information emerges.
Last updated: November 2026.