Steven A. Cohen: More Info

Steven A. Cohen started collecting art in 2000 and during the last several years he has become a prominent collector. He has been listed on Art News magazine’s “Top 10” list of highest-spending art collectors throughout the world for many years since 2002. In 2005, he was also on the Forbes magazine’s “Top Billionaire Art Collectors” list. So far, Cohen has bought around $700 million worth of artwork. In 2003, the New York Times reported that during 5 years, Cohen spent 20% of his income on art. Cohen is reportedly building a private museum for some of his artwork on his Greenwich property.

His tastes in collecting have also changed from Impressionist painters to contemporary art. He likes to collect ‘trophy’ art, art works signed by famous artists. He reportedly paid $25 million each for a Warhol and a Picasso. He is one of the leading patrons at the Marianne Boesky art gallery.

Recognition

In a Wall street Journal article in 2006, Steven Cohen was crowned “the hedge fund king.” In 2007, Time Magazine listed him as 94th on its yearly Time 100 list of most influential people.

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