if (typeof(window._mpspixZ) != 'string') { Steve Cohen, Chairman and CEO of SAC Captial Advisors LP. S teve Cohen's trading style is more than half based on gut instincts. document.body.appendChild(script); Ranking second is Steven Cohen, the founder of SAC Capital. The painting, called "Masterpiece," is believed to be among the 10 most expensive ever sold. Capital Advisors (2013) el.parentNode.insertBefore(s, el); Cohen keeps much of his collection at Point72s offices in Stamford, Conn., New York, London and Asia. SAC: We Will Survive 'Significant' Redemptions, Picasso's La Reve: World's Best Investment. + '<\/div>' + ' @media (max-width: 1199px){ #ouibounce-modal .description {font-size:13px !important;} }' document.cookie = prefix + cname + "=" + cvalue + ";" + expires + ";path=/"; All rights reserved. + '
' + '<\/div>' Steven A. Cohen has an art collection worth about 1$ billion, or at least it is estimated so. crossDomain: true, .map(categoryPreference => parseInt(categoryPreference.split(':')[0], 10)); mps._queue.gptloaded.push(function() { And I know right away. The first amendment, which Congressman Steve Cohen offered with Congresswomen Suzanne Bonamici (OR-01) and Alexandria Ocasio-Cortez (NY-14), incorporates the entirety of the Fair Debt Collection Improvement Act. console.log('PUB-GDPR-CHECK oneTrustCookie: ', oneTrustCookie); A renowned art collector, Cohen's collection is almost unrivalled and been estimated at coming close to $1 billion. } script.setAttribute("onload", "setAdblockerCookie(false);"); October 22, 2016, 7:00 AM. + '<\/div>' Then-Manhattan US Attorney Preet Bhararas yearslong investigation into Cohens now-defunct SAC Capital reportedly inspired the Showtime series Billions, with Damian Lewis Bobby Axelrod character based on Cohen. {key:e[2],parent:a(e[1],window)}:{key:t,parent:window}}var c=t("ee").get("jsonp"),f=t(24)(c);if(e.exports=c,o()){var u=/[?&](?:callback|cb)=([^&#]+)/,d=/(.*)\.([^.]+)/,p=/^(\w+)(\.|$)(. sold an Andy Warhol portrait of Mao Zedong. mpsload.src = "//" + mpsopts.host + "/fetch/ext/load-" + mpscall.site + ".js?nowrite=2"; function checkCookies() { Cohen who did not return calls from The Post on Thursday returned to the high-finance arena with the founding of the Point72 hedge-fund and began managing money the very day his ban was lifted. Cohens father, who worked in the Garment District, would bring home a copy of The Post every evening, which Cohen would read religiously, paying special attention to the sports pages, according to a 2014 piece in The New Yorker. } Such loans are not unusual for wealthy buyers who seek to capitalize on the increased value of their artworks amid the global boom, without having to part with it. Hedge fund billionaire Steve Cohen has been a staple of the art world since 2000, buying up major pieces in the triple digit millions every couple of years. Carlo Allegri Reuters. Steve Cohen is friends with TV chef Guy Fieri. (function() { var $ = window.jQuery; On Tuesday, the hedge fund manager . Following. Subscribe to our newsletter to get the breaking news, eye-opening interviews, and incisive critical takes that drive the conversation forward. h = Math.max(document.documentElement.clientHeight, window.innerHeight || 0), appendNewsletterSignup(); }); // Extends jQuery with a function to serialize to JSON That aside, Cohen is also known for his extensive and impressive art collection, valued at an estimated $1 billion. '