15 Most Successful Investors of All Time

4. Steve Cohen

Net worth: $19.8 billion 

Steve Cohen oversees Point72 Asset Management, a hedge fund firm managing $30.6 billion that began handling external capital in 2018, according to Forbes. Known for his success with SAC Capital, one of the most profitable hedge funds in history, Cohen encountered significant challenges when SAC Capital pleaded guilty to insider trading charges in 2019, resulting in $1.8 billion in penalties and the fund’s closure, according to Reuters. In 2020, Cohen made headlines by purchasing the New York Mets for a record-breaking $2.4 billion, the highest sale price ever for an MLB team, according to New York Magazine.

Cohen stresses the importance of thorough research, staying calm, and learning from mistakes to improve investment outcomes. His approach underscores the value of maintaining focus, avoiding rash decisions, and not being influenced by market panics. Beyond his business endeavors, Cohen has shown a strong commitment to philanthropy, contributing $1 billion to veterans’ and children’s health causes throughout his lifetime, as reported by Forbes.