Brad Mills, born on August 12, 1984, is an American businessman, investor, and the co-founder of the popular pet-supply e-commerce platform, Chewy. As of 2021, Brad Mills' net worth is estimated to be around $1.2 billion, primarily due to his significant stake in Chewy.
The path to Brad Mills' success began after he graduated from Harvard Business School in 2007. He then worked briefly at Vanguard and Tim Hortons, before founding Boston-based Internet commerce company, Retail Converge, which was later acquired by GSI Commerce.
Early Career and Chewy
Before founding Chewy, Mills co-founded The Geller Team, a software consulting company, in 2008. However, his most significant venture began when he co-founded Chewy in 2011 with Ryan Cohen.
Chewy was launched with a simple yet innovative idea - to provide customers with high-quality pet food and supplies delivered directly to their doorstep. The company rapidly gained traction and popularity, thanks to its excellent customer service and no-risk guarantee.
Growth and IPO of Chewy
Under Mills' leadership, Chewy grew exponentially. In 2017, the company was acquired by PetSmart for $3.35 billion in cash and stock. Despite the acquisition, Mills continued to lead Chewy as the Executive Chairman until 2019.
The success of Chewy culminated in its Initial Public Offering (IPO) in 2019. The IPO raised $1 billion, making Mills a billionaire overnight. As of 2021, Chewy's valuation stands at over $38 billion.
Investment and Board Positions
Beyond his role in Chewy, Brad Mills has invested in several technology startups. He serves on the boards of several influential companies, including Grubhub, One Medical, and Flatiron Health.
Mills' investments also extend to the real estate sector. He co-founded Southbridge Park, a real estate development and management company, in 2019, further diversifying his portfolio.
Philanthropy and Personal Life
Despite his business acumen, Brad Mills remains a low-profile figure. He is married to Randi Glickman, with whom he has two children. Mills and his family reside in Florida.
Mills is actively involved in philanthropic efforts, primarily supporting animal welfare causes. He serves on the Board of Directors of the Michael J. Fox Foundation and the American Cancer Society. Additionally, Mills has donated significantly to various charitable organizations.
As Brad Mills continues to influence the e-commerce landscape and beyond, his net worth is set to grow, fueled by his strategic investments and the ongoing success of Chewy. His journey serves as an inspiration to entrepreneurs worldwide, proving that innovation, customer-centricity, and strategic choices can lead to substantial success.
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