Top 5 Financial Gurus to Learn From

4. Steve Cohen

Net worth as of 2024: $19.8 billion

Steve Cohen is the overseer of Point72 Asset Management, a hedge fund firm managing $30.6 billion that began managing external capital in 2018, according to Forbes. Renowned for running SAC Capital, one of the most successful hedge funds in history, Cohen faced challenges when SAC Capital pleaded guilty to insider trading charges, resulting in $1.8 billion in penalties and the fund’s closure. In 2020, Cohen made headlines by purchasing the New York Mets for a record-breaking $2.4 billion, marking the highest sale price ever for an MLB team.

Steven Cohen emphasizes the importance of conducting thorough research, staying calm, and learning from mistakes to enhance investment outcomes. Cohen’s approach highlights the significance of maintaining focus, avoiding hasty decisions, and not being swayed by market panics.

Beyond his business ventures, according to Forbes, Cohen has demonstrated philanthropic commitment, contributing $1 billion to causes related to veterans and children’s health throughout his lifetime. Expressing his perspective on giving back, Cohen stated, “There’s something to be said for giving and helping to change people’s lives.”