Steve Cohen Net Worth (Updated 2026).

Steve Cohen, born in 1956, began his career in the financial world at an early age. After graduating from the University of Pennsylvania’s Wharton School with a degree in economics, Cohen started as a junior analyst at Gruntal & Co., a small brokerage firm. His analytical skills and passion for the market quickly propelled him up the ranks, and by the age of 25, he was managing his own portfolio.

In 1992, Cohen founded SAC Capital Advisors, a hedge fund that would eventually become one of the most successful and influential in the industry. His unique investment style, often characterized by its aggressive and quantitative approach, consistently generated high returns for his clients. It was during this time that Cohen, often referred to as “the world’s most successful hedge fund manager,” gained widespread fame and recognition in the financial community.

Steve Cohen’s Current Net Worth (2025)

As of 2025, Steve Cohen’s net worth is estimated to be around $16 billion, according to Forbes. This figure is largely attributed to his successful career in the hedge fund industry.

Career

Steve Cohen, often referred to as “the world’s most successful hedge fund manager,” co-founded SAC Capital Advisors in 1992. He transformed it into a $15 billion hedge fund before it was dissolved in 2014 following an insider trading scandal. In 2018, he launched Point72 Asset Management, a family office and hedge fund, with $20 billion in assets.

Other Ventures

Cohen is also a philanthropist, having donated millions to various causes. He has given to the Robin Hood Foundation, which fights poverty in New York City, and the University of Pennsylvania, his alma mater. Additionally, he owns a stake in the New York Mets baseball team.

Assets

Cohen’s assets include a $60 million Greenwich, Connecticut, mansion, a $28 million Hamptons home, and a stake in the New York Mets valued at around $2.6 billion. He also owns a private jet and a collection of modern art worth hundreds of millions.

Annual Income

In 2021, Cohen’s annual income was estimated to be around $1.1 billion, primarily from his hedge fund, Point72 Asset Management. This figure can vary significantly from year to year depending on the fund’s performance.

Frequently Asked Questions about  Steve Cohen

Frequently Asked Questions: Steve Cohen Net Worth

1. What is Steve Cohen’s net worth?

Steve Cohen’s net worth is estimated to be around $14.6 billion.

2. How did Steve Cohen make his fortune?

Steve Cohen made his fortune as a hedge fund manager. He founded SAC Capital Advisors in 1992, which became one of the world’s most successful hedge funds.

3. What is Steve Cohen’s Point72 Asset Management?

Point72 Asset Management is the family office and hedge fund firm founded by Steve Cohen in 2014, following the closure of SAC Capital Advisors due to insider trading charges.

4. What is Steve Cohen’s involvement with the New York Mets?

Steve Cohen is the majority owner of the New York Mets, having purchased the team in 2020 for $2.4 billion.

5. What is Steve Cohen’s educational background?

Steve Cohen graduated from the University of Pennsylvania’s Wharton School with a Bachelor of Science degree in Economics in 1986.

6. How old is Steve Cohen?

Steve Cohen was born on June 11, 1956, making him 65 years old.

7. Where does Steve Cohen live?

Steve Cohen resides in Greenwich, Connecticut.

8. What is Steve Cohen’s philanthropic work like?

Steve Cohen and his wife, Alexandra, have established the Cohen Foundation, which focuses on supporting various charitable causes, including education, health, and social services.

9. How tall is Steve Cohen?

Steve Cohen is 5 feet 9 inches (175 cm) tall.

10. What is Steve Cohen’s political affiliation?

Steve Cohen is a registered Democrat.