| Net Worth | $16 Billion dollars |
| Wife | Alexandra Garcia |
Steve Cohen Bio
Steven A. Cohen is an American billionaire hedge fund manager, art collector and philanthropist. He is the creator of S.A.C. Capital Advisors and Point72 Asset Management, two hedge funds that shut down after admitting guilt to insider trading and other financial offenses.
In one of the largest criminal cases against a hedge fund, S.A.C. Capital Advisors, founded by Steve Cohen, entered a guilty plea to insider trading in 2013 and agreed to pay $1.8 billion in fines ($900 million in forfeiture and $900 million in fines). The settlement in the civil case regarding Cohen’s responsibility for the scandal included a two-year ban on managing outside funds. The hedge fund consented to shut down its doors to outside investors and enter a guilty plea to four counts of securities fraud and wire fraud.
The Showtime series Billions’ Bobby Axelrod, portrayed by Damian Lewis, was somewhat modeled after Cohen.
Steve Cohen Wife
Cohen has two marriages under his belt. He got married to Patricia Finke in 1979; she was a working-class native of New York who was raised in the Manhattan neighborhood of Washington Heights. Together, they are parents to two kids. In 1990, they got divorced.
He first got to know Alexandra “Alex” Garcia, a Puerto Rican single mother, in 1991. Alex moved from her original home in the Harlem projects to Washington Heights where she grew up. He has seven kids including Sophia Cohen.
They were characterized by an acquaintance as someone who had “always wanted to marry a millionaire” and had met through a dating service. Since Cohen bought the Mets, Alex, a lifelong fan of the team, has been involved in the organization and is named as an owner alongside Cohen.
She currently holds the position of president of the Amazin’ Mets Foundation, the affiliated charity of the team. In Greenwich, Connecticut, Cohen bought a 35,000-square-foot (3,300-square-meter) house on 14 acres (57,000-square-meter) in 1998.
Steve Cohen Net Worth 2024
Steve Cohen has an estimated net worth of $16 Billion dollars according to Celebrity Net Worth. He resides in Greenwich, Connecticut, on a 14-acre estate. The property includes a private ice skating rink and a 35,000 square foot mansion. In 1998, he paid $14.8 million for this residence.
| Year | Net Worth |
| 2023 | $15.8 Billion dollars |
| 2024 | $16 Billion dollars |
| 2025 | $16.5 Billion dollars |
| 2026 | $16.9 Billion dollars |
He spent $62.6 million on an East Hampton house in 2013. He then demolished the entire house and built a brand-new, 24,000 square foot mansion in its place. He spent $34.5 million on a Beverly Hills, California, mansion in 2015.
He used to own a condo at One Beacon Court in New York City. Early in 2021, he listed this house for $115 million, but ultimately sold it for $30.5 million. Steve still owns a pair of Greenwich Village townhouses that are next to each other.
Steve Cohen Age
Steve Cohen was born on 11 June 1956 in Great Neck, New York, United States. As of 2024 he is 68 years old.
Steve Cohen Height, Weight & Body Measurement
Cohen stands proudly at a height of 5 feet 9 inches (1.75 meters or 175 centimeters), she exhibits an exquisite balance in her physique. Weighing approximately 89 kg (196 lbs), her body measurements are an enviable.
Steve Cohen Parents
Cohen grew up in Great Neck, New York, where his mother taught piano and his father worked in Manhattan’s garment district as a dress manufacturer. He was raised in a Jewish household.
Of his seven siblings, he is the third oldest. As a high school student, he developed a liking for poker and frequently wagered his own money in tournaments. He believes that poker helped him learn “how to take risks.”
Steve Cohen Education
Cohen went to John L. Miller Great Neck North High School in 1974, where he played on the school’s soccer team. He later studied economics at the University of Pennsylvania’s Wharton School, where he graduated with a degree.
Steve Cohen Career
In 1978, Cohen started his financial career at Gruntal & Co. He subsequently held positions at Shearson Lehman Brothers and Morgan Stanley, among other companies. He established SAC Capital Advisors, his own hedge fund, in 1992, and it went on to become one of the most prosperous and successful hedge funds globally. But the company was caught up in a huge insider trading scandal, and in 2013 it entered a guilty plea and paid a record $1.8 billion fine.
Although he has not been accused of any wrongdoing, the controversy hurt his reputation and caused SAC Capital Advisors to close. He founded Point72 Asset Management, a new hedge fund that oversees his personal wealth and has grown to be among the biggest in the world, following the closure of SAC Capital Advisors.
Steve Cohen’s List of Achievements and Awards
Throughout his career, Steve Cohen has been recognized with numerous accolades, including:
- He was admitted into the Hedge Fund Manager Hall of Fame by Institutional Investor Alpha in 2016.
- His $9.3 billion net worth made him the 35th richest person in the world according to Forbes magazine in 2013.
- Absolute Return magazine presented him with the Hedge Fund Industry Lifetime Achievement Award in 2010.
- He received the Institutional Investor Hedge Fund Manager of the Year award in 2007.
- He was listed as one of the 100 most influential people in the world by Time magazine in 2006.
- In addition, he has received recognition for his charitable contributions to the Metropolitan Museum of Art, the Robin Hood Foundation, and other organizations.
