Rank #117
Steve Cohen
Net worth $23.0B
Hedge funds · United States
- Born
- Jun 11, 1956
- Age
- 69
- Source
- Hedge funds
- Residence
- Greenwich, Connecticut
- Citizenship
- United States
- Marital status
- Married
- Children
- 7
- Education
- Bachelor of Arts/Science, University of Pennsylvania, The Wharton School
Net worth over time
Biography
- Steve Cohen oversees Point72 Asset Management, a $40 billion (assets under management) hedge fund firm that started managing outside capital in 2018.
- For years Cohen ran SAC Capital, one of the most successful hedge funds ever.
- Cohen was forced to shut down SAC Capital after the firm pleaded guilty to insider trading charges that cost Cohen $1.8 billion in penalties.
- Cohen bought the New York Mets in 2020 for $2.4 billion, the highest sale price ever for an MLB team.
- Cohen has given $1 billion to philanthropic causes over his lifetime, including causes related to veterans and children's health.
- The character Bobby Axelrod on Showtime's hit show Billions is based loosely on Cohen.
Financial assets
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