Steven A. Cohen is an American hedge fund manager and owner of the New York Mets of Majo League Baseball. He was born on June 11, 1956, in Great Neck, New York, US.
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In 2013, the Cohen-founded S.A.C Capital Advisors pleaded guilty to insider trading and agreed to pay $1.8 billion in fines in one of the biggest criminal cases against a hedge fund. Cohen was prohibited from managing outside money for two years as part of the settlement reached in the civil case over his accountability for the scandal.
Cohen has given $715 million to philanthropic causes throughout his life, including to charitable causes relating to veterans and children’s health.
Steven A. Cohen Net Worth
How much is Steven A. Cohen worth? Steven A. Cohen has an estimated net worth of $13 billion. This is from his career as an American hedge fund manager.
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Steven A. Cohen Billions
In February 2015, Forbes listed Cohen as the highest-earning hedge fund manager in 2014. In December 2013, Cohen’s New York penthouse in the Bloomberg Tower was listed for sale for $98 million. According to Institutional Investor, Cohen made an estimated $1.7 billion in 2020.
Insider Trading
In 2013, the Cohen-founded S.A.C. Capital Advisors pleaded guilty to insider trading and agreed to pay $1.8 billion in fines ($900 million in forfeiture and $900 million in fines) in one of the biggest criminal cases against a hedge fund.
Steven A. Cohen House
Steven A. Cohen Books
Steven A. Cohen has written several books. They include;
- The Sustainability City
- Sustainability Policy
- Management Fundamentals
- The effective public manager
- Negotiate Your Way to Success
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