Steve Cohen (businessman)

Steven A. Cohen, a billionaire hedge fund investor, is the founder of SAC Capital Partners, a Stamford, Connecticut based hedge fund which he continues to manage. Cohen grew up in Great Neck, New York, and he attended the Wharton School of Business at the University of Pennsylvania. Cohen lives in Greenwich, Connecticut with his wife and seven children.

In the past five years, Cohen has become a prominent art collector. Within the last two years, he reportedly bought a Jackson Pollock for $52 million and paid $25 million each for a Warhol and a Picasso, and earlier this year he reportedly paid $8 million for a 14-foot tiger shark submerged in formaldehyde by the British artist Damien Hirst.

References

BusinessWeek article on Steve Cohen