' + '
' That aside, Cohen is also known for his extensive and impressive art collection, valued at an estimated $1 billion. Eileen Kinsella, //console.log(prefix + cname + "=" + cvalue + ";" + expires + ";path=/"); Two years ago, Goldman Sachs provided Mr. Cohen with a line of credit after Deutsche Bank decided not to continue a personal loan it made to him in 2009. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. } addCss('https://cdnjs.cloudflare.com/ajax/libs/animate.css/3.5.2/animate.min.css'); while (i--) { Pour en savoir plus sur la faon dont nous utilisons vos donnes personnelles, veuillez consulter notre politique relative la vie prive et notre politique en matire de cookies. const ONE_TRUST_COOKIE_NAME = 'OptanonConsent'; //if there are cookies indicating that we shouldn't show the signup bar, then the modal won't have been added to the page Then-Manhattan US Attorney Preet Bhararas yearslong investigation into Cohens now-defunct SAC Capital reportedly inspired the Showtime series Billions, with Damian Lewis Bobby Axelrod character based on Cohen. + '<\/form>' console.log('PUB-GDPR-CHECK'); (Read More: SAC: We Will Survive 'Significant' Redemptions), Last fall, Cohen purchased Pablo Picasso's "La Reve" for $155 million. 'cag[attribution_author]' : 'Robert Frank' , Cohen, whose high-profile big-ticket purchases include a Picasso scored from casino heavy Steve Wynna fellow collectorand a $62.5 million Hamptons shingle style of enormous character that he razed to build his own custom homemay well be joining the exodus of big Manhattan money migrating to Florida. if (prefix == undefined) { This painting, of an American flag, allegedly cost Cohen $110 million. console.log('PUB-GDPR-CHECK oneTrustCookie matches: ', matches); He was drawn in by the stats of the box scores, before his fascination with numbers brought him over to the business pages. + '
' for(var i = 0; i ' var ca = document.cookie.split(';'); contentType: 'application/json; charset=UTF-8', He has collected several pieces of art. It is estimated that Mr. Cohen's art collection is worth about $1 billion. //and we can just return here. 'cag[brand]' : 'none' , Congressman Cohen's full remarks can be seen here. Kooning and other postwar American artists. function isOneTrustAnyBlocked() { Alexandra and Steven A. Cohen began collecting art in 2000. document.cookie = prefix + cname + "=" + cvalue + ";" + expires + ";path=/"; setCookie(cookieName, value, expirationMinutes); cEnd = document.cookie.length; script.setAttribute("onerror", "setAdblockerCookie(true);"); var mpscall = { The Cohens frequently lend their dog out to museums. 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. const blockedCategories = decodeURIComponent(matches[1]) }); He has performed extensively on the festival circuit, at such prestigious venues and events as the National Opera of Bordeaux . if (cStart !== -1) { 'cag[attribution_source]' : 'CNBC US Source' , Cohen's biggest display of ostentatious wealth, though, is his massive art collection. document.cookie = "__adblocker=" + (adblocker ? Got a confidential news tip? pagetypeurl = document.URL, recentlyShown: { Wynn had bought "Le Reve" from banker Wolfgang Flottl, who also once owned "Le . 'cag[type_cnbcteam]' : 'CNBC US Team' , (t&&t instanceof Function&&t.apply&&!t[a])}var o=t("ee"),i=t(22),a="nr@original",s=Object.prototype.hasOwnProperty,c=!1;e.exports=function(t,e){function n(t,e,n,o){function nrWrapper(){var r,a,s,c;try{a=this,r=i(arguments),s="function"==typeof n?n(r,a):n||{}}catch(f){p([f,"",[r,a,o],s])}u(e+"start",[r,a,o],s);try{return c=t.apply(a,r)}catch(d){throw u(e+"err",[r,a,d],s),d}finally{u(e+"end",[r,a,c],s)}}return r(t)?t:(e||(e=""),nrWrapper[a]=t,d(t,nrWrapper),nrWrapper)}function f(t,e,o,i){o||(o="");var a,s,c,f="-"===o.charAt(0);for(c=0;c' timeout: 10000 ouibounceAPIaccess = ouibounce( SAC Capital s Steven Cohen has been a hedge-fund star for nearly 20 years, building his reputation as a cipher as he burnished his $12 billion fund. $('body').append(ouibounceScript); It hasnt been reported how much the Cohens paid for Balloon Dog (yellow), but an orange version from the same Koons sculpture series sold at auction in 2013 for $58.4 million. }; + '<\/div>' })(); // of subscribing, or managing their account ", (See More: Picasso's La Reve: World's Best Investment). function addCss(fileName) { 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. S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. A guard stands watch over Lhomme Au Doigt at Christies Auction House in Manhattan, May 11, 2015. By Christopher Bateman. Cohen bought it in 2010 from the son of Johnss art dealer, for a reported $110 million. (function(){ closedSignupBar: { + '' } Rye Country Day School Support from the Steven & Alexandra Cohen Foundation to build The Cohen Center for the Creative Arts will enable generations of RCDS students to create, collaborate, and innovate. } isEEARegionCheck(); (function() { But for all the glitz thats come to Cohen who already owns a 4percent minority stake in the Mets there remain concerns over how he acquired it. SAC: We Will Survive 'Significant' Redemptions, Picasso's La Reve: World's Best Investment. .addClass( 'slideIn' + upOrDown ); A perfect day is going down to Chelsea, look at art galleries and grabbing lunchto me, perfect day.. if(valid){ To find out if you are eligible for an Artnet News Pro group subscription, The thorough changes he claims to have implemented at SAC to ensure that the firm is in full compliance with the law after gaining a reputation for being way out there (in the words of one competitor) on information gathering. Get this delivered to your inbox, and more info about our products and services. script.setAttribute("onload", "setAdblockerCookie(false);"); Cohens billions have brought him other famous friends, including one that he might not want to host in Citi Field anytime soon. // ------------------------------------------------------------------- d.setTime(d.getTime() + 60 * 60 * 24 * 30 * 1000); console.log('PUB-GDPR-CHECK all blocked. He's spent hundreds of millions of dollars on a wide variety of work from post-impressionist paintings to modern art. 'path' : '/id/100795269' , It had been on extended loan to the San Francisco Museum of Modern Art. Forbes now estimates Cohens riches at $13.6 billion, a sum that many might not be able to spend in 10 lifetimes but that hasnt stopped Cohen, twice married and a father to seven, from trying.
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