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Steve Cohen Net Worth

Steve Cohen Net Worth

Net Worth: $12.1 Billion

Statistics
  • Source of Wealth Hedge Funds
  • Birth Place Great Neck, New York
  • Marital Status Married (Alexandra Cohen)
  • Full Name Steven A. Cohen
  • Nationality American
  • Date of Birth June 11, 1956
  • Occupation Hedge Fund Manager
  • Education University of Pennsylvania Wharton School
  • Children 7
More StatsView More

About Steve Cohen

Steven A. Cohen has an estimated net worth of $12.1 billion in July 2017, according to Bloomberg.

Cohen’s hedge fund, SAC Capital Advisors, is cooperating with investigators after two former employees were charged with insider trading in February. Launched in 1992 with $25 million, the firm now manages $12 billion.

Returned 15% net of fees in 2010. Charges some of the steepest fees in the business: 3% of assets and 35% of profits on most funds. Known to be an art collector, owns works by Willem de Kooning and Damien Hirst; recently bought 1958 “Flag” painting by Jasper Johns for which he reportedly paid $110 million. North Shore Long-Island Health System renamed its pediatric center after Cohen and his wife last year following a $50 million pledge.

The Hedge-fund manager is betting big on the late Elizabeth Taylor, who died Wednesday. Mr. Cohen has enlisted Phillips de Pury to auction off a turquoise Andy Warhol portrait of the screen star for at least $20 million at its major sale of contemporary art on May 12 in New York.

Citizenship: United States  ,Residence: Greenwich, CT

Marital Status:Married, Children:7

Earnings & Financial Data

The below financial data is gathered and compiled by TheRichest analysts team to give you a better understanding of Steve Cohen's net worth by breaking down the most relevant financial events such as yearly salaries, contracts, earn outs, endorsements, stock ownership and much more.

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Choose Year
  • Earnings 2006
  • Earnings 2004
  • Earnings 2000
Earnings 2006 N/A
Asset 2006

Series C investment for Nanosolar through SAC Capital Advisors (along with 12 investors)

$75,000,000
Earnings 2004 N/A
Asset 2004

Series F investment for Color Kinetics, Incorporated through SAC Capital Advisors (along with 4 investors)

$13,000,000
Earnings 2000 N/A
Asset 2000

Series C investment for StreamSearch.com through SAC Capital Advisors (along with 9 investors)

$20,000,000
Asset 2000

Venture investment for Net2Wireless through SAC Capital Advisors

$29,000,000
Show all earnings