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This is an accepted version of this page This is the latest accepted revision, reviewed on 20 January 2025. Canadian entrepreneur and investor (born 1986) Ryan Cohen Cohen in 2019 Born 1986 (age 38–39) Montreal, Quebec, Canada Occupations Entrepreneur activist investor Known for Founder and CEO of Chewy (2011–2018) Executive Chairman of GameStop (2021–present) CEO of GameStop (2023 ...
Gary M. Kusin (born 1951 in Texarkana, Texas) is an American entrepreneur best known as the founder of GameStop. [1] [2] Biography
For the 52-week period ending on February 2, 2019, GameStop reported a record-breaking net loss of $673 million. [104] This was a change from the net profit of $34.7 million in the previous year. [ 104 ]
In 2005, Kim bought out GameStop in a deal valued at $1.4 billion. [3] He and his family have a net worth of US$1.6 billion according to Forbes. [4] External links
On January 28, 2021, Robinhood was among a number of brokerages that halted users from buying stock or options in GameStop and the other heavily shorted-securities. [ 16 ] On February 18, 2021, Tenev testified before the United States House Committee on Financial Services regarding Robinhood's role during the GameStop short squeeze.
However, his compensation decreased in 2021, due to the impact of the GameStop short squeeze on the fund. [9] Despite receiving $2 billion from Kenneth C. Griffin and $750 million from Steve Cohen, on May 18, 2021, Bloomberg announced Melvin Capital went defunct shorting GameStop and Gabe Plotkin would be shutting down his firm. [10]
On June 6, 2024, Gill scheduled a livestream on his YouTube channel for the following day, June 7, coinciding with GameStop's surprise early earnings release. GameStop shares rose 47.45% during the trading session of June, 6 2024, opening at $31.57 and closing at $46.55. Gill's position was worth in excess of $585 million at this point.
His net worth was estimated in early 2025 to be $11.1 billion by Forbes and $12.6 billion by the Bloomberg Billionaires Index. [ 93 ] [ 94 ] He held $2.54 billion in Apollo shares as of June 2023 [update] .