Steven A. Cohen, born June 11, 1956, is an American hedge fund manager and owner of the New York Mets of Major League Baseball.

Steven Cohen

Cohen and the New York Mets finalized a deal on September 14, 2020, to become the majority owner, owning roughly 97.2% of the team.

He is the founder of hedge fund Point72 Asset Management and now-closed S.A.C. Capital Advisors, both based in Stamford, Connecticut.

In 2013, the Cohen-founded S.A.C. Capital Advisors pleaded guilty to insider trading and agreed to pay $1.8 billion in fines ($900 million in forfeiture and $900 million in fines) in one of the biggest criminal cases against a hedge fund.

Cohen was prohibited from managing outside money for two years as part of the settlement reached in the civil case over his accountability for the scandal.

The hedge fund agreed to plead guilty to wire fraud and four counts of securities fraud and to close to outside investors.

He took a liking to poker as a high school student, often betting his own money in tournaments, and credits the game with teaching him “how to take risks.”

Cohen graduated from John L. Miller Great Neck North High School in 1974, where he played on the school’s soccer team.

Cohen received an economics degree from the Wharton School at the University of Pennsylvania in 1978.

While in school, Cohen was initiated as a brother of Zeta Beta Tau fraternity’s Theta chapter where he served as treasurer.

While in school, a friend helped him open a brokerage account with $1,000 of his tuition money.

Steven Cohen Wife: Who is Alexandra Cohen?

Alexandra Cohen is the wife of  Steven A. Cohen.  Alex and Steven have been married since 1992.

Alexandra Cohen has been a supportive wife, helping out her husband in investment and philanthropy work.

Steven Cohen and Wife

In 1991 Cohen met Alexandra Garcia, a single mother of Puerto Rican descent.

Garcia grew up in Washington Heights, moving there from her original home in the projects of Harlem.

They have four children together.

Before some of the children got older, Cohen and Alex lived in Greenwich, Connecticut, with their seven children (their four children along with Alexandra’s prior child and his two children with his first wife, Patricia).

In 1998, the Cohens purchased a 35,000-square-foot (3,300 m2) home on 14 acres (57,000 m2) in Greenwich.

Alexandra Cohen and husband, Steven Cohen
Alexandra Cohen and her husband, Steve Cohen (Instagram)

In 2015, Steven Cohen and his wife, Alexandra, donated $2.25 million to a Super PAC called America Leads that supported Chris Christie’s presidential candidacy.

Via the Steven & Alexandra Cohen Foundation, the Cohens have donated to projects involved in health, education, arts and culture, and the New York community.

In 2014, the Cohen Foundation provided funding, via the New York University Langone Center, for the study of post-traumatic stress and traumatic brain injury.

The foundation gave a grant in excess of $100,000 to the Bruce Museum of Arts and Science in 2014.

In 2019, the foundation contributed $50 million of the more than $400 million raised for the New York Museum of Modern Art.

Steven Cohen Wife
Alexandra Cohen and her husband, Steve Cohen (Instagram)

The museum announced in 2017 that MoMA’s largest contiguous gallery will be called the Steven and Alexandra Cohen Center for Special Exhibitions. Cohen is on the board of the MoMa and LA MOCA.

What is Alexandra Cohen’s Instagram?

Alexandra Cohen is on Instagram as @tiaalexnymets. She’s very active with her page with almost 11.1K followers whiles she follows 2,857.

On June 6, 2022, Alex took to her Instagram to celebrate their 30th year marriage anniversary.

She wrote; Today we celebrate the greatest decision we ever made…30 years ago! 

 

View this post on Instagram

 

A post shared by Alex Cohen (@tiaalexnymets)

What is Alexandra Cohen’s Net worth?

Steven Cohen together with his wife, Alexandra Cohen have an estimated net worth of $16 Billion. This makes them one of the billionaires in America currently.

Source: Nsemwokrom.com