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International Business Times UK
International Business Times UK
Niloy Chakrabarti

Point72's Steve Cohen Adds $2B Worth of New Tech, Telco, and Healthcare Stocks in Q4

Steve Cohen has a net worth of $21 billion. (Photo: Point72)

New York Mets owner and billionaire investor Steven A. Cohen is known for his speed, agility, and high-risk/high-reward investing approach, which has earned him a personal wealth of over £16.4 billion ($21 billion).

Cohen is the founder of the now-defunct SAC Capital Advisors, which is among the most successful hedge funds. The fund was charged with insider trading charges and repaid investors £1.4 billion ($1.8 billion) in penalties as Cohen faced a two-year ban on managing investor money.

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