Portrait of Steve Cohen

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

Exchange Ticker Company Shares Price Currency