Steven A. Cohen Net Worth 2024: Age, Height, Weight, Wife, Kids, Bio-Wiki

Steven a Cohen is an American art collector, billionaire, hedge fund manager, and philanthropist. He is the founder of Hedge Funds Point 72 Asset Management as well as now closed S.A.C capital advisors who are both based in Stamford, Connecticut.

Maybe you know about Steven A Cohen very well, but do you know how old and tall is he and what is his net worth in 2024? If you do not know, we have prepared this article about details of Steven A Cohen’s short biography-wiki, career, professional life, personal life, today’s net worth, age, height, weight, and more facts. Well, if you’re ready, let’s start.

Early Life & Biography

On June 11, 1956, Steven A Cohen was born in Great Neck, New York. His father worked in Manhattan’s garment district as a dress manufacturer while his mother was a piano teacher. He is the third born of his seven siblings. Cohen took a liking to poker while in high school, as he would often bet in his money in tournaments as well as credits the game by teaching him how to take risks.

He received an economics degree from Wharton School at the University of Pennsylvania and graduated in 1978. He opened a brokerage account with $1000 of his tuition money with the help of a friend. He grew up in a Jewish family.

Personal Life

Steven Cohen has been married twice. He married Patricia Finke in 1979, a New York native who grew up in the Washington Heights, Manhattan neighborhood of New York City. They shared two children together before they divorced in 1990. Cohen later married Alexandria Garcia in 1991, a single mother of one; she is of Puerto Rican descent.

She grew up in Washington heights from her original home in the projects of Harlem. They have four children together. They lived in Greenwich, Connecticut, with their seven children, but Cohen later purchased a 35,000-square foot home on 14 acres in Greenwich in 1998.

Age, Height, and Weight

Being born on June 11, 1956, Steven A Cohen is 67 years old as of today’s date 20th April 2024. His height is 1.75m tall, and his weight is 89kg.

Career

In 1978-1992 Cohen worked as a junior trader in the options arbitrage department at Gruntal & Co. He made $8000 profit on his first day at work, and eventually started making $100000 a day and managed a $75 million portfolio and six traders. He was running his own company at Gruntal & Co by 1984 until he started his own company S.A.C. Cohen started S.A.C Capital Advisors in 1992 with $10 million of his own money and $10 million from outside capital.

The company’s name S.A.C is derived from Steven A Cohen initials. Cohen was caught in a mix up in an alleged insider trading gossip involving an ex sac manager, Mathew Martina, on November 20, 2012. Martina was convicted in 2014, in what federal prosecutors billed as the most profitable insider-trading conspiracy in history.

The SEC later brought a lawsuit against Cohen, alleging his failure to supervise Martina and Michael Steinberg, who was a superior employee and confidant of Cohen. Cohen settled his case in January 2016 and was prohibited from managing outside money until 2018. S.A.C then pleaded guilty to insider trading charges in 2013 and paid $1.8 billion in penalties and required to stop handling investment from outsiders; however, Cohen escaped criminal indictment despite being in charge of S.A.C. Cohen founded Point72 Ventures In May 2016, a venture capital fund that makes early-stage investments.

Cohen serves on the board of trustees of the New York-based Robin Hood Foundation. He and his wife Alexandria have donated to projects involved in health, education, arts and culture, and the New York community under the Steven and Alexandria Cohen Foundation.

Awards & Achievements

On awards and achievements, Cohen was inducted into the Institutional Investors Alphas Hedge Fund manager hall of fame in 2008. He has achieved a lot with the creation of Cohen Veterans Network, whose goal is to establish mental health centers for experts and their families throughout the U.S.

He also funds Cohen Veteran’s Bioscience which conducts research into the effects of the posttraumatic stress disorder on combat veterans, Cohen and his wife donated $2.25 million to a super PAC that supported Chris Christie’s presidential candidacy.

Net Worth & Salary of Steven A. Cohen in 2024

Steven A Cohen is estimated to have a net worth of $15 billion as of April 2024. He has made his wealth from his holdings in hedge funds point72 asset management, which managed about £11 billion in 2017; he is 95% owner of the company. Cohen also owns an art collection worth about $1 billion, and he owns a 14-acre estate located in Greenwich, in 2012 he purchased a 4% stake in New York Mets.

Steven Cohen is a hedge fund manager who has become successful in his career through hard work and dedication. He started his career at a young age and has been able to make a name for himself and earn a living out of it. He has remained humble and donated to the less fortunate in the community.