$24.4B
+$484M
(+2.0%)

US
· Age 73
Source of wealth: Warehouse automation
Industry: technology
Residence: Keene
{
"bio": [
"Rick Cohen is owner and executive chairman of C&S Wholesale Grocers, the nation's largest grocery wholesaler, with some $35 billion in annual revenue.",
"The bulk of his family's wealth, however, comes from warehouse automation firm Symbotic, which has a partnership with Walmart to automate its 42 regional distribution centers.",
"Cohen, whose grandfather started C&S in 1918, launched Symbotic after tinkering around with technology to solve his own distribution problems at the family grocery business.",
"He built Symbotic largely in stealth, and took it public in a $5.5 billion SPAC deal sponsored by venture-capital giant SoftBank that closed in 2022.",
"Cohen is chairman and CEO of Symbotic, which produces fully automated warehouses. Its order backlog totals $23 billion."
],
"about": [
"C&S Wholesale Grocers, based in Keene, N.H., is the nation's eighth largest private company."
]
}