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Billionaire Profile
Rick Cohen & family
Global Rank
#125

Rick Cohen & family

CEO, Warehouse automation
Keene, New Hampshire
Real-Time Net Worth
$21.8B
Estimated based on Warehouse automation stock value as of September 10, 2026
-1.24% (24h)
Age
73
Source
Warehouse automation
Industry
Technology
Citizenship
United States

Biography

Richard B. "Rick" Cohen, born in 1952, is an American billionaire. His primary source of wealth is warehouse automation, and he is the chairman and CEO of Symbotic, a company that provides AI-powered robotics for warehouse automation. Cohen's career began at C&S Wholesale Grocers, the family business, which he transformed into the largest wholesale grocery supplier in the U.S. He later founded Symbotic, revolutionizing warehouse operations for major retailers like Walmart. Cohen, a resident of Keene, New Hampshire, is known for his significant contributions to both business and philanthropy.

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Data Updated
Sep 10, 2026
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Wealth Over Time

Net Worth History

YearNet Worth
2026$21.8B
2025$26.3B
2024$26.1B
2023$24.6B
2021$6.00B

Portfolio Holdings

Symbotic

Symbotic

SYMTechnology
Market Cap
$35.0B
Revenue
$2.20B
Wilmington, Massachusetts
Not Available employees
Founded 2005

In-Depth Profile

Early Life

Richard B. "Rick" Cohen was born in Worcester, Massachusetts, in 1952. He graduated from Deerfield Academy in 1970 and earned a degree in economics, with a concentration in accounting, from the Wharton School of the University of Pennsylvania in 1974.

Rise to Success

Cohen began his career at the family company, C&S Wholesale Grocers, in 1974. He took control of C&S after his father retired in 1989. Cohen is also the founder of Symbotic, a robotics warehouse automation company. Symbotic's AI-enabled platform is used by major retailers. Under Cohen's leadership, C&S Wholesale Grocers has grown into the largest wholesale grocery supply company in the United States, servicing approximately 7,500 stores nationwide.

Key Business Strategies

Cohen's key business strategies include the use of technology and automation to improve efficiency and reduce costs. Cohen's strategic vision led to significant growth through the acquisition of distribution centers and the expansion of services to a diverse range of clients. He also pioneered warehouse automation through Symbotic, a robotics company that partners with major retailers to optimize distribution. In December 2021, Symbotic announced plans to go public through a merger with a SPAC sponsored by SoftBank.

Philanthropy

Cohen has made significant contributions to charitable organizations. His philanthropic contributions led to naming 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 company, C&S Wholesale Grocers, after graduating from the Wharton School.

1989

Became CEO of C&S Wholesale Grocers

Took control of C&S after his father retired.

2003

Moved C&S Headquarters to Keene, NH

Moved the company headquarters to Keene, New Hampshire.

Founded Symbotic

Founder of Symbotic

Founded the robotics warehouse automation company, Symbotic.

Philanthropy & Social Impact

Education

Keene State College

Undisclosed

Significant contributions to Keene State College's center for genocide studies, which was renamed in the family's honor.

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

Focus on Efficiency

Emphasizing efficiency in all aspects of the business, including operations and supply chain management.

Embracing Automation

Utilizing technology and automation to streamline processes and improve productivity.

Billionaires Connected to Rick Cohen & family

Peers in Technology

All Technology billionaires

Adjacent Global Ranks

Full global ranking

Frequently Asked Questions

What is Rick Cohen & family's net worth in 2026?
As of 2026, Rick Cohen & family's estimated net worth is $21.778 billion, ranking #125 among the world's billionaires. The estimate is based on publicly available shareholding data and market prices, updated daily.
How did Rick Cohen & family make their money?
Rick Cohen & family's wealth primarily comes from Warehouse automation, most notably through Warehouse automation.
Where is Rick Cohen & family from?
Rick Cohen & family is from United States.
How old is Rick Cohen & family?
Rick Cohen & family is 73 years old.

Sources & References

  1. Rick Cohen & family — Forbes profile Forbes