In GameStop by joining the company’s board in January 2021. This decision prov. immensely lucrative for him, as R.dit traders orchestrat. a significant surge in GameStop’s stock price during the same month. As a result, Cohen’s fortune experienc. a remarkable upturn. Born to a teacher and a glassware importer, Cohen display.
The iconic white lab coat is Jean Coutu
Entrepreneurial spirit from a young age. At just 15 years old, he embark. on his entrepreneurial journey by starting his first business, which involv. earning fees through latest database referrals to e-commerce websites. No wonder he appears in our list of the richest Canadians. 26. Jean Coutu and Family Net Worth: $3B Age: 96 The man known as the billionaire in , the brains behind the renown. Canadian drugstore chain that carries his name. Back in 2017, Coutu made a significant business move, agreeing to sell his publicly trad. company to the European supermarket giant Metro for a whopping $4.5 billion, a deal comprising both cash and stock. Under his guidance, The Jean Coutu Group expand. its footprint by acquiring numerous competitors, Interestingly, The Jean Coutu Group was once a major shareholder in the U.S. drug store operator Rite Aid.
Solidifying its position in the industry.
Growing up as the son of a p.iatrician, Coutu ZNB Directory develop. a deep-root. understanding of healthcare and decid. to venture into the pharmacy business. In 1969, he took the leap and open. his very first pharmacy. His approach was simple yet effective: offering customers competitive prices, excellent service, and extend. operating hours. Coutu wore different hats within his company over the years. He held the position of chief executive during two significant periods, initially until 2002 and later from 2005 to 2007.