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    Steve Cohen

     

    Steve Cohen, known as the "Godfather of Hedge Funds," is a prominent American investor and the founder of Point72 Asset Management, previously managing SAC Capital Advisors. Born in 1956 in New York, Cohen graduated with a degree in economics from the Wharton School at the University of Pennsylvania. With an estimated net worth exceeding $17 billion (as of 2024), Cohen is regarded as one of the most skilled stock traders on Wall Street, renowned for his precision and ability to seize market opportunities.

     

     

     

     

    At its peak, SAC Capital managed around $14 billion, but it was later dissolved following an insider trading investigation, resulting in a $1.8 billion settlement, though Cohen himself was not criminally charged. In addition to his financial achievements, Cohen owns the New York Mets and is heavily involved in philanthropy through the Cohen Foundation, which supports medical research, education, and veterans. His impact on Wall Street is profound, shaping modern hedge fund practices with his unique investment style and insight.