News stories that circulated in . Many consider Steve Cohen a financial genius. if (prefix == undefined) { w = pagetype + 20 * Math.round(w / 20), h = pagetype + 20 * Math.round(h / 20), googletag.cmd.push(function() { function closeSignupBar() { }; setTimeout(function() { 'https' : 'http') + '://pix.nbcuni.com/a-pii.gif?X=piiblock&S=' + mps.pagevars.instance + '&P=' + mps.pagevars.mpsid + '&A=' + i + '&U=' + encodeURIComponent(window.location.href) + '&_=' + window._mpspixZ; Use of this site constitutes acceptance of our User Agreement and Privacy Policy and Cookie Statement and Your California Privacy Rights. Congressman Cohen's full remarks can be seen here. return ''; You cant collect at that level for that many years and not have a real passion for itat the end of the day, its not going to change his life financially, Gagosian adds. Capital Advisors, both based in Stamford, Connecticut.. closeSignupBar(); He is also an art collector. }; Courtesy of Sothebys. A Division of NBCUniversal. } Cohen converted SAC Capital to Point72 Asset Management, a vehicle to invest his own wealth. ctx.submit($form, onSuccess); mps._queue.gptloaded = mps._queue.gptloaded || []; if (isOneTrustAnyBlocked()) { Within his collection, you can find pieces by: While Cohen will sometimes sell paintings at a profit, the investing aspect of art is only part of the allure of collecting for himhe does not approach it the way he trades stocks in the market. found = true; 'site' : 'cnbc.com-relaunch' , } Cohen keeps much of his collection at Point72s offices in Stamford, Conn., New York, London and Asia. var foresee_enabled = 1 Cohen purchased it in 2004, for a price variously reported between $8 million and $12 million; he subsequently paid Hirst to replace the original shark, which had deteriorated over the years. // Submit the form function getOneTrustCookie() { if (cEnd === -1) { function getCookie(cname, prefix) { } }, Word of Cohen's involvement in the new . }; It's part of a crowded collection of art that Cohen rotates among Point72's offices. When you go to his home, you just see museum quality and beyond, incredible art you just dont find in private homes.. Steve Cohen on Life, Love, His Art Collection, and Those Pesky Insider-Trading Rumors. Johns painted more than three dozen works inspired by the American flag, but the Cohens painting is one of only a few in private hands. 'byline' : 'Robert Frank' , 2023 Fortune Media IP Limited. return ""; Steve Wynn has finally parted with "Le Rve," a painting of Pablo Picasso's mistress Marie-Thrse Walter. Steven A. Cohen (born June 11, 1956) is an American hedge fund manager and owner of the New York Mets of Major League Baseball since September 14, 2020, owning roughly 97.2% of the team. var head = document.head closeSignupBar(); In addition to the nearly $11 billion of his own money that Steve Cohen manages out of his family office, Point72, the legendary and controversial trader is also one of the worlds most avid art enthusiasts. Artist: Pablo Picasso: Year: 1932: Medium: Oil on canvas: Movement: Cubism: Dimensions: 130 cm 97 cm (51 in 38 in) Location: Private collection of Steven A. Cohen: Le Rve (English: The Dream) is a 1932 oil on canvas painting (130 . The . All Rights Reserved. //hide on mobile phones The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Cond Nast. ctx.customSerializer(); Subscribe to our newsletter to get the breaking news, eye-opening interviews, and incisive critical takes that drive the conversation forward. contentType: 'application/json; charset=UTF-8', In contrast, Cohens business prospects look brighter now, given that his new firm, Point72 Asset Management, has $11 billion under management. Cohen bought it in 2010 from the son of Johnss art dealer, for a reported $110 million. + '<\/div>' Carlo Allegri Reuters. } } + '<\/div>' mps._queue.refreshads = mps._queue.refreshads || []; Steven A. Cohen Net Worth, Biography, Age, Wife, Height, Weight, and many more details can be checked on this page. // of subscribing, or managing their account if (prefix == undefined) { if (typeof(window._mpspixZ) != 'string') { To revist this article, visit My Profile, then View saved stories. Home. Well, a lot, it turns out. Among the more bizarre pieces in Cohens collection is Marc Quinns Self, a frozen self-portrait sculpture made of Quinns own blood. Data is a real-time snapshot *Data is delayed at least 15 minutes. var d = new Date(); As if that werent enough, there is the chronic pain he suffers from because of his bad back, which continues to ail him even after major surgery. var mpscall = { '