Billionaire Profile
R
Global Rank
#92

Image: Ashery, Rebecca Sager, 1945- Robertson, Elizabeth B Kumpfer, Karol L. (Karol Linda), 1943- National Institute on Drug Abuse | Public domain | via Wikimedia Commons

Rick Cohen & family

CEO, Warehouse automation
UNITED STATES
Real-Time Net Worth
$25.682B
Estimated based on Warehouse automation stock value as of March 6, 2026
-1.3% (24h)
Age
73
Source
Warehouse automation
Industry
Technology
Citizenship
UNITED STATES

Biography

Rick Cohen is an American billionaire and the Executive Chairman and CEO of C&S Wholesale Grocers, the largest grocery wholesaler in the United States. He is also the chairman and CEO of Symbotic, an artificial intelligence-enabled robotics and warehouse automation company. Cohen's source of wealth is warehouse automation, and he has been instrumental in transforming C&S Wholesale Grocers into an industry leader. His career began in the family business in 1974. He is known for his leadership and innovative strategies, propelling his company's growth. As of early 2026, his net worth is estimated at $24.87 billion, making him one of the wealthiest people in the world.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life

Richard B. "Rick" Cohen was born in Worcester, Massachusetts, in 1952. He is the third generation of the Cohen family to be involved in the grocery business. His grandfather, Israel Cohen, co-founded C&S Wholesale Grocers in 1918. Rick graduated from the Wharton School of the University of Pennsylvania in 1974 with a degree in economics, concentrating in accounting.

Rise to Success

Cohen began his career at the family company, C&S Wholesalers, in 1974. He played a pivotal role in expanding C&S from a regional player into the nation's largest grocery wholesaler. Under Cohen's leadership, C&S Wholesale Grocers has evolved into the largest wholesale grocery supply company in the United States, servicing approximately 7,500 stores nationwide. In addition to his role at C&S, Cohen is the majority owner, Chairman, and Chief Executive Officer of Symbotic, an artificial intelligence-enabled robotics and warehouse automation company.

Key Business Strategies

Cohen's strategic vision has led to significant growth through the acquisition of distribution centers and the expansion of services. He recognized the potential of technology in revolutionizing logistics, which led him to found Symbotic. Cohen's emphasis on efficiency and customer service solidified C&S's position in the competitive grocery supply industry.

Philanthropy

Rick Cohen and his family are known for their philanthropic contributions. They have supported education, hunger relief, and healthcare initiatives, with the couple's initiatives leading to the naming of Keene State College's center for genocide studies in his family's honor.

Career Milestones

1974

Joined C&S Wholesale Grocers

Began working at the family business after graduating from the University of Pennsylvania.

1989

Became CEO of C&S Wholesale Grocers

Took over leadership of the company from his father.

2003

Moved C&S Headquarters to Keene, NH

Relocated the company's headquarters to Keene, New Hampshire.

2022

Symbotic went public

Symbotic went public through a SPAC deal.

Philanthropy & Social Impact

Education

Center for Holocaust and Genocide Studies

Undisclosed

Supported the Center for Holocaust and Genocide Studies at Keene State College.

Business Philosophy & Leadership

Notable Quotes

""When I'm walking the warehouse, I see the motion, but I also see what should have happened two minutes ago and why it didn't happen. It would be better if I had the gift to solve world peace. But I have the gift of organizing and sequencing work in a particular time and making it happen.""

Leadership Principles

Efficiency

Focus on streamlining operations and reducing errors.

Customer Service

Prioritizing customer satisfaction and building strong relationships.

Innovation

Embracing technology and automation to improve processes.