Steve Cohen’s $3.4 Billion Payday Tops Hedge Fund Ranks

Feb. 19, 2026, 11:10 AM UTC

Steve Cohen, the billionaire owner of the New York Mets, was frank about the heartbreak at Citi Field.

“I owe you an apology,” the hedge fund mogul tweeted to fans as the Major League Baseball team limped away from a disastrous 2025 season.

Yet at that very moment, Cohen could lay claim to the Wall Street equivalent of a World Series title: hedge fund champion of champions.

For the first time, Cohen tops Bloomberg’s annual list of the world’s best-paid hedge fund managers. Cohen’s take from his hedge fund, Point72 Asset Management, totaled a cool $3.4 billion in ...

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