Steven A. Cohen

Description: (American Hedge Fund Manager and One of the Wealthiest Men in the World)

Steven A. Cohen is an American hedge fund manager best known as the founder of the hedge fund company Point72 Asset Management and S.A.C. Capital Advisors. Born and raised in a middle class New York family, Steven completed his high school graduation in 1974, and enrolled into the Wharton School, to complete his bachelor’s degree in economics. He began working as a junior stock trader in 1978, with a company named Gruntal & Co. He had studied deeply about the stock markets before he entered the job market and he led the company to register impressive profits for the next few years. In 1992, he laid the foundation of his company named S.A.C. Capital Advisors, a hedge fund company, which also turned out to be extremely profitable with branches in many cities around the world. However, towards the late 2000s, the Securities and Exchange Commission began investigating company’s top level employees with Steven being the main target. In 2014, he further began an investment firm named Point72 Asset Management, which also raked in good profits, making Steven the 30th richest American by the mid-2010s. He is also the majority owner of the New York Mets baseball team and owns $1 billion worth of art pieces.

Overview

Birthday June 11, 1956 (Gemini)
Born In United States
City Great Neck, New York
Spouse/Ex- Alexandra Cohen, Patricia Finke (m. 1979 - div. 1990
Parents
Relatives Cindy Cohen, Donald Cohen, Gary Cohen, Marty Cohen, Russell Cohen, Stacey Cohen, Wendy Cohen

Did you know

What legal issues has Steven A. Cohen faced in the past? Steven A. Cohen faced legal issues related to insider trading allegations at SAC Capital Advisors. He ultimately settled with the SEC in 2013, agreeing to a ban from managing outside capital.
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