The 800% rise in GameStop shares placed the founder and former CEO of Chewy in the billionaire category in record time.
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This week, GameStop shares drove Wall Street crazy, due to a massive buyout by Reddit users. The stunt skyrocketed shares in the video game company, causing heavy losses for some and millionaire profits for others.
Such is the case of businessman Ryan Cohen , founder and former CEO of Chewy , an e-commerce of pet supplies. The 35-year-old investor became a billionaire, thanks to the plays of the stock market and the initiative of the ‘redditors’. His fortune rose to an estimated 1.7 billion