Steve Cohen Net Worth

Steve Cohen Net Worth $9.3 Billion

Wall Street has dubbed him the hedge fund king. Time 100 has named him one of the most influential people. Born in 1956, Steve A. Cohen is one of the richest hedge fund managers. Steve’s interest in Finance began at an early age. He took up poker as a hobby and would often bet his own money in tournaments. 

He founded SAC Capital Advisors in 1992 a hedge fund based in Connecticut. With Cohen at the realm, SAC Capital Advisors has yielded stellar returns over the years. The hedge fund is set to change its name to Point72 Asset Management. What does the billionaire spend his large fortune on? Steve Cohen has always been fascinated by art. 

He has bought over $700 million worth of artwork and has made it to Forbes magazine’s list of Top Billionaire Art Collectors. Steve doesn’t mind splurging his fortune on properties. He owns a 35,000- square-foot home, which he acquired for a whopping $14.8 million in 1998. 

He is also the owner of the Bloomberg Tower Duplex in New York, which he could be selling at $115 million. Steve Cohen comes in at  no. 35th among America’s richest people with a net worth of $9.3 billion

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References:

Forbes (The ultimate site for billionaire rankings)

CelebrityNetWorth (The ultimate site for net worth of celebrities)

TheRichest (Great site for things about money and rich people)

Wikipedia (Greatest site on earth for lots of information)