Joe Pompeo and Maggie Coughlan jump down the rabbit hole of some of the all-time greatest grifter sagas, tracing our obsession back to the 19th century and bringing it forward to Anna Delvey and George Santos. var cookieNames = ['recentlyShown', 'signedUp', 'closedSignupBar','signup_cookie']; Steve Cohen and his wife, Alexandra Cohen, have been collecting art since 2000, amassing an impressive array of works. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Cond Nast. */ He likes to test his mettle following and collecting artists who havent been totally formed and sanctified by the market., You know what a perfect day is for me?, says Cohen. I never saw talent like that.. All Rights Reserved. Login; . }); link.rel = 'stylesheet'; Cohen next to Gasthof in his office at Point72s Stamford, Conn., headquarters. Works - Steven Cohen Artist Steve Wynn - Art Collection Allegations of insider-trading have long been flung in Cohens direction, although they have failed to stick to him directly. })(); The philanthropic efforts of the Steven & Alexandra Cohen Foundation started in 2001 and have resulted in over $741.7 million in funds to public 501(c)(3) nonprofit organizations based in the United States that either help people in need or solve complex problems. Art Collection. if (jQuery(window).width() > 619) { mps._queue.mpsloaded.push(function(){ The Mets were 33-25, and first in the National League East. script.src = "https://code.jquery.com/jquery-3.1.1.min.js"; Steve Cohen's trading style World Top Investors isnewsletter = pagetypeurl.includes("?page_1"); Steve Cohen was unmasked by Artnet as the mystery buyer of a Jeff Koons rabbit sculpture last week in New York for $91 million, a record for a living artist at auction. return _regex.test(_qs); ); Its mind-blowing what hes put together, says Larry Gagosian of the prestigious Gagosian Gallery chain, Cohens longtime art dealer and friend. fetch('https://geo.cnbc.com/info/').then(res => res.json()).then(result => { Hedge fund billionaire Steve Cohen has been a staple of the art world since 2000, buying up major pieces in the triple digit millions every couple of years. Courtesy of Sothebys. Much of this artist's original work was created during the 21st Century and Contemporary, and is mostly associated with the Abstract style. Steven A. Cohen Net Worth, Biography, Age, Wife, Height, Weight, and many more details can be checked on this page. cEnd = document.cookie.length; 'cag[type_source]' : 'CNBC US Source' , When you go to his home, you just see museum quality and beyond, incredible art you just dont find in private homes.. if (result && result.geo && result.geo.country_code) { Steve Cohen Biography: Net Worth Early Life, Artwork Collection, Real found = true; addCss('https://maxcdn.bootstrapcdn.com/font-awesome/4.7.0/css/font-awesome.min.css'); var $modal = $('#ouibounce-modal'); head = document.head || document.getElementsByTagName("head")[0], mpsload = document.createElement("script"); Capital Advisers, using his money to purchase massively expensive works of artuntil the Securities and Exchange Commission charged his company with insider trading in 2013. function loadJQuery() { Steven A. Steven Cohen | Biography | STEVENSON If it stays in my brainlets say I go see a picture, if I keep thinking about it, I know its something I like. + '<\/div>' script.setAttribute("src", "//www.npttech.com/advertising.js"); Time Magazine listed him as one of the most influential people in the world in 2007. Photograph by Gillian Laub Not that Cohen's charitable efforts interfere with his . if(valid){ }); The 1991 work by British artist Damien Hirst, which consists of the corpse of a 14-foot tiger shark preserved in a formaldehyde solution in a steel-and-glass case, was bought by Cohen in 2004 for $8 million. var $modal = $('#ouibounce-modal'); + '
' He is the owner of several post-impressionist paintings (Gauguin's Bathers or Van Gogh's Young peasant woman), a few modern artworks (like Munch's Madonna) and of numerous contemporary art . Steve Cohen's daughter Sophia splits from fianc - Page Six It took eight years and a drastic 75% price slash for Mets owner Steve Cohen to sell his duplex Midtown penthouse last year. 2. In 2013, Cohen and Wynn reconnected, and Cohen bought Le Rve for $155 millionat the time, the highest price ever paid for an artwork by an American collector (though it has since been surpassed). 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. It probably made him feel good to continue to collect art, Gagosian says. The whole portfolio, which includes works by heavy hitters like Pablo Picasso, Jackson Pollock and Andy . Got a confidential news tip? He talks with Glenn Fuhrman, the co-ma. var s = document.createElement("script"), el = document.getElementsByTagName("script")[0]; January 20, 2016. Steve Cohen and More: Top 10 Billionaire Art Collections By // function getCookie(cname, prefix) { return Object.values(OneTrustCategories).filter((c) => blockedCategories.includes(c)).length > 0; He is also an art collector. }); How Steve Cohen Amassed a $1 Billion Art Collection | Fortune All rights reserved. var valid = ctx.validate( $form, $email); '