Saturday, October 9, 2010

Stephen Cohen Net Worth

Stephen Cohen Net Worth

How Much Does Stephen Cohen Make?

Steven A. Cohen is a hedge fund manager and the founder of SAC Capital Advisors, a Stamford, Connecticut-based hedge fund focusing mostly on equity market strategies.

Cohen grew up in Great Neck, New York, where his father was a dress manufacturer in Manhattan's garment district, and his mother was a part-time piano teacher. He took a liking to poker as a high school student, often betting his own money in tournaments. Cohen credits the game to teaching him "how to take risks." Cohen received a B.S. in economics from the Wharton School at theUniversity of Pennsylvania in 1978. While in school, a friend helped him open a brokerage account with $1,000 of his tuition money.

His Estimated Net Worth according to Forbes is US $ 1.2 Billion.

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