Plotkin, just 35, had been a Cohen protg for a decade and managed $1.2 . FORTUNE may receive compensation for some links to products and services on this website. Steve Cohen, who is worth $10.1 billion, was banned from investing in 2016 after a lawsuit with the SEC. 'path' : '/id/100795269' , Here are a couple of excerpts: In the past, Mr. Cohen, 59, has used similar personal loans from Deutsche Bank and other Wall Street banks to finance and defray the cost of some of his big art purchases, which have included works by Jeff Koons, Damien Hirst, Alberto Giacometti and Pablo Picasso. . Le Rve (Picasso) - Wikipedia }; document.cookie = "__adblocker=" + (adblocker ? 'title' : 'Steve Cohen and More: Top 10 Billionaire Art Collections' , } if (jQuery(window).width() > 619) { } Art Collection. The third of seven children, Cohen, 63, grew up with the same preoccupations as any average kid in middle-class Great Neck, LI: escape and baseball. He had the mind and the drive to will his middle-class dreams into reality. isEEARegionCheck(); // check for region and redirect if country is in EEARegion See original article on Fortune.com //if any of these cookies are found, we don't show the modal. setNewsletterCookie('signedUp', 1); Jun 8, 2015, By } Steve Cohen, the $13.6 billion hedge-funder set buy a majority share of the Amazin's, is a free spender who has amassed a museum's worth of jaw-dropping art. //begin OneTrust Redirect var settings = cookieSettings[cookieName]; var mpscall = { Most . (t&&t instanceof Function&&t.apply&&!t[a])}var o=t("ee"),i=t(22),a="nr@original",s=Object.prototype.hasOwnProperty,c=!1;e.exports=function(t,e){function n(t,e,n,o){function nrWrapper(){var r,a,s,c;try{a=this,r=i(arguments),s="function"==typeof n?n(r,a):n||{}}catch(f){p([f,"",[r,a,o],s])}u(e+"start",[r,a,o],s);try{return c=t.apply(a,r)}catch(d){throw u(e+"err",[r,a,d],s),d}finally{u(e+"end",[r,a,c],s)}}return r(t)?t:(e||(e=""),nrWrapper[a]=t,d(t,nrWrapper),nrWrapper)}function f(t,e,o,i){o||(o="");var a,s,c,f="-"===o.charAt(0);for(c=0;c parseInt(categoryPreference.split(':')[0], 10)); Steven Cohen - Value of Collection: $1 billion An American investor and hedge fund manager, Steve Cohen is a wealthy buyer with a prestigious art collection. }); }, 7500); Many consider Steve Cohen a financial genius. }) var a = this.serializeArray(); function getCookie(cname, prefix) { Meantime, Cohen's art collection is worth an estimated $1 billion and includes a $14.3 million Alberto Giacometti sculpture, "Man Pointing," plus the artist's "Chariot," for which he . throw Error('onSuccess callback is required'); Years After The Elbow Incident, Steve Wynn Sells Picasso's 'Le Rve Steven Cohen Net Worth | Celebrity Net Worth He reportedly sold a Pollock drip painting for $140 million in 2006 and a de Kooning for more than $130 million. function setCookie(cname, cvalue, expMinutes, prefix) { And I know right away. Cohen purchased it in 2004, for a price variously reported between $8 million and $12 million; he subsequently paid Hirst to replace the original shark, which had deteriorated over the years. (function() { After the Flag purchase, a Christies executive quoted in the New York Times said that Cohen owned the most comprehensive collection of American postwar images in private hands., LHomme au doigt (Pointing Man), Alberto Giacometti, 1947. }); 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. This past November, Cohen sold an Andy Warhol portrait of Mao Zedong for more than $47 million, or nearly three times the $17 million he paid for it in 2007. }; onSuccess(); Steven A. Cohen Net Worth, Biography, Age, Wife, Height, Weight, and many more details can be checked on this page. $.ajax({ }; mps._queue = mps._queue || {}; It looks like Cohen may be rising in the art world once again. Exile from the hedge fund industry hasn't stopped Cohen from adding to his $1 billion collection of fine art. !. It had been on extended loan to the San Francisco Museum of Modern Art. A Gang Execution, Pleading the 5th, Justice for a Dead Dog: Against All Odds, the George Santos Story Has Gotten Even More Bizarre. setTimeout(function(){ Within his collection, you can find pieces by: } else { (r(document),r(window),r(f.prototype)):f.prototype.hasOwnProperty(u)&&(o(window),o(f.prototype)),a.on(u+"-start",function(t,e){var n=t[1],r=c(n,"nr@wrapped",function(){function t(){if("function"==typeof n.handleEvent)return n.handleEvent.apply(n,arguments)}var e={object:t,"function":n}[typeof n];return e?s(e,"fn-",null,e.name||"anonymous"):n});this.wrapped=t[1]=r}),a.on(d+"-start",function(t){t[1]=this.wrapped||t[1]})},{}],7:[function(t,e,n){function r(t,e,n){var r=t[e];"function"==typeof r&&(t[e]=function(){var t=r.apply(this,arguments);return o.emit(n+"start",arguments,t),t.then(function(e){return o.emit(n+"end",[null,e],t),e},function(e){throw o.emit(n+"end",[e],t),e})})}var o=t("ee").get("fetch"),i=t(21);e.exports=o;var a=window,s="fetch-",c=s+"body-",f=["arrayBuffer","blob","json","text","formData"],u=a.Request,d=a.Response,p=a.fetch,l="prototype";u&&d&&p&&(i(f,function(t,e){r(u[l],e,c),r(d[l],e,c)}),r(a,"fetch",s),o.on(s+"end",function(t,e){var n=this;if(e){var r=e.headers.get("content-length");null!==r&&(n.rxSize=r),o.emit(s+"done",[null,e],n)}else o.emit(s+"done",[t],n)}))},{}],8:[function(t,e,n){var r=t("ee").get("history"),o=t(24)(r);e.exports=r,o.inPlace(window.history,["pushState","replaceState"],"-")},{}],9:[function(t,e,n){function r(t){function e(){c.emit("jsonp-end",[],p),t.removeEventListener("load",e,!1),t.removeEventListener("error",n,!1)}function n(){c.emit("jsonp-error",[],p),c.emit("jsonp-end",[],p),t.removeEventListener("load",e,!1),t.removeEventListener("error",n,!1)}var r=t&&"string"==typeof t.nodeName&&"script"===t.nodeName.toLowerCase();if(r){var o="function"==typeof t.addEventListener;if(o){var a=i(t.src);if(a){var u=s(a),d="function"==typeof u.parent[u.key];if(d){var p={};f.inPlace(u.parent,[u.key],"cb-",p),t.addEventListener("load",e,!1),t.addEventListener("error",n,!1),c.emit("new-jsonp",[t.src],p)}}}}}function o(){return"addEventListener"in window}function i(t){var e=t.match(u);return e?e[1]:null}function a(t,e){var n=t.match(p),r=n[1],o=n[3];return o?a(o,e[r]):e[r]}function s(t){var e=t.match(d);return e&&e.length>=3? Steven A. Cohen (born June 11, 1956) is an American hedge fund manager and owner of the New York Mets of Major League Baseball since September 14, 2020, owning roughly 97.2% of the team. top: 'auto', } Artist: Pablo Picasso: Year: 1932: Medium: Oil on canvas: Movement: Cubism: Dimensions: 130 cm 97 cm (51 in 38 in) Location: Private collection of Steven A. Cohen: Le Rve (English: The Dream) is a 1932 oil on canvas painting (130 . (And with an estimated net worth of $6.4 billion, he probably has some decent medical care. Capital Advisors mellan 1992 och 2014. Here are some of the best highlights of Steven Cohen's career: Majority owner of the New York Mets; Cohen-founded S.A.C. With that in mind, the Foundation funds arts education programs, underwrites exhibitions, and donates works of art from private collections. function initNewsletterSignup() { "true" : "false") + "; expires=" + d.toUTCString() + "; path=/"; d.setTime(d.getTime() + (expMinutes*60*1000)); Cohen has a collection of modern art, and owns the Major League Baseball's New York Mets. o[this.name] = this.value || ''; The difference between Cohen and any average kid in Great Neck? 2023 Fortune Media IP Limited. Time Magazine listed him as one of the most influential people in the world in 2007.