Many fans are curious about Steven Cohen's financial success in April 2026. In this article, we dive deep into the assets and career highlights.

What is Steven A. Cohen's Net Worth?

Steven A. Cohen is an American hedge fund manager who has a net worth of $21 billion. Steve Cohen, who is one of the inspirations for the character of Bobby Axelrod on the Showtime series "Billions," earned his first significant fortune through the now-closed S.A.C. Capital Advisors. SAC was a Stamford, Connecticut-based hedge fund that mainly focused on equity market strategies. The firm was shuttered in the wake of an insider trading scandal. Today, Cohen runs a hedge fund called Point72 Asset Management, which primarily manages his own money. He is perhaps best known for owning the New York Mets.

Steven launched SAC Capital (his initials) in 1992 with $25 million. The fund eventually grew to control at least $14 billion in assets under management and employed around 900 people globally. During the late '90s and early 2000s, Cohen came into prominence as a powerful Wall Street trader known for his grand slam returns.

Cohen eventually paid a $1.2 billion fine with the SEC and agreed to shutter his fund from outside investors.

In 2013, SAC pleaded guilty to insider trading and agreed to pay a $1.8 billion fine ($900 million in fines and $900 million in asset forfeitures). Steven was personally implicated in the scandal, allegedly being as "Portfolio Manager A" in an insider-trading case against former CR Intrinsic (a subsidiary of SAC) portfolio manager Mathew Martoma. During a conference call in late 2012, SAC management disclosed that it had received a Wells Notice from the SEC. On the same call, Cohen told investors he was confident he acted appropriately and that he takes these matters very seriously.

He was born on June 11, 1956, in Great Neck, New York. Cohen grew up in Great Neck, Long Island, in a family where he had many siblings, the third of eight children. His father worked at a dress manufacturer and his mother was a homemaker who also taught piano lessons.

After closing SAC, Steven launched a new fund to manage his personal fortune. The new firm is called Point72.

Ultimately, Steven Cohen's financial journey is a testament to their success.

Disclaimer: All net worth figures are estimates based on public data.