Steven A. Cohen is one of America’s wealthiest billionaires. His fortune stems from his role as a hedge fund manager. He is the founder of Point72 Asset Management, a hedge fund which deals with equity market strategies. He is also a minority stake holder of the New York Mets.
Upon graduating from the prestigious Wharton School at the University of Pennsylvania, Cohen began working as a junior trader on Wall Street for Gruntal & Co where he eventually managed a $75 million portfolio and six traders. His estimated net worth is $11.1 billion as of May 2014, and he is ranked by Forbes as the 106th richest man in the world
In 1992, Cohen started Point72 Asset Management with $20 million of his own money; today the firm manages $14 billion in equity. He lives in a 35,000 square-foot home in Greenwich, Conn.