Steven Cohen

Steven Cohen

[table border=”0″]Net Worth: $9.3 Billion
Source of Wealth: Hedge fund manager
Nationality: American
Age: 57[/table]

Steven A. Cohen is one of America’s richest billionaires. His fortune stems from his role as a hedge fund manager. He founded SAC Capital Advisors, a hedge fund dealing mostly with equity market strategies. He is also a minority stake holder in the professional baseball team, the New York Mets.

After graduating from the renowned Wharton School at the University of Pennsylvania, Cohen began working as a junior trader on Wall Street for Gruntal & Co. He became widely known in the early 80’s for earning the company a profit of about $100,000 per day. This success continued, eventually earning him a place on the List of Billionaires.

He founded SAC in 1992 after leaving Gruntal and lives in a 35,000 square-foot home in Greenwich, Conn.

Steven A. Cohen is one of America's richest billionaires. You can't be one of the richest billionaires without landing on our list from the Business Rich.

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