Rick Cohen & family
Warehouse automation · Keene, New Hampshire
Net worth
$19.9B
Today
+$80M+0.41%Past month
−$1.2B−5.65%As of Nov 11, 2026, 1:50 PM EST
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 has been 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. In August 2026, C&S agreed to buy a majority stake in grocery chain Winn-Dixie.
Net worth over time
Principal holdings
2 positions| Company | Industry | Share | Value |
|---|---|---|---|
Symbotic NASDAQ: SYM | Technology | 76.1% | $15.1B |
Private and other holdings | Technology | 23.9% | $4.7B |
Also known for
“"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."”