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#89 Billionaire

Rick Cohen & family

$25.7B
+$2.33B (+10.0%)
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 $30 billion in annual revenue.", "The bulk of his family's wealth comes from warehouse automation firm Symbotic, which is currently automating Walmart's 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. He is chairman, CEO and majority owner.", "Symbotic reported revenue of $2.2 billion in fiscal 2025, up from $1.8 billion the previous year." ], "about": [] }

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