Steven A. Cohen

The billionaire American Hedge fund manager supports the New York-based “Robin Hood Foundation” serving as a member of its board. Cohen made a personal charity of more than $7 million to the charitable organization, which works with more than 240 nonprofit organizations, to lessen the troubles caused by poverty in New York. The 1988 founded organization offers direct services to the poor people in New York in the form of capital grants, program grants and general support. The “Paul Tudor Jones” established foundation also attempts to improve the poverty stricken people’s earning power for long-term prospects.

There is no doubt that Cohen is one of the biggest collectors of art in the world. He has has spent hundreds of millions dollars to create one of the best private art collections. One of his all time favorite painting is a landscape entitled "Police Gazette” by artist Willem de Kooning, which he bought for $63.5 million from David Geffen.

Cohen owns a painting by the Norwegian expressionist Edvard Munch known as Madonna. It’s a highly unusual representation with exposed upper body and a red halo on her head. The color of the halo embellishes the navel and the nipples. Munch painted five versions of the Madonna between 1894 and 1895, using oils on canvas. The painting was bought by Cohen in 1999 at a cost of $11.9 million, a record till date for any of Munch's works.

Cohen’s passion of investing in unique art pieces is clearly visible in his collections. Apart from Damien Hirst’s Physical Impossibility of Death in the Mind of Someone Living he also possess Self 1991 Portrait by Marc Quinn. Self was sculpture of Marc’s head made using his own 4.5 litres of frozen blood. Self was initially bought by Charles Saatchi in 1991 for £13,000 and was sold to Cohen for £1.5m form an open gallery in London in 2005.   Quinn has made three more since the original, the latest of which has been bought by the National Portrait Gallery. Mark has decided to produce one of these repulsive yet enchanting sculptor every five years to display the ageing process. This is what he had to say about the popularity of his unique artwork "Well, I think it’s a great sculpture. I’m really happy with it. I think it is inevitable that you have one piece people focus in on. But that's really good because it gets people into the work."

Steven Cohen's love for collecting true valuable art pieces has been proved after he bought The Physical Impossibility of Death in the Mind of Someone Living which is an artwork created in 1991 by Damien Hirst. This is a unique artwork consists of a tiger shark preserved in formaldehyde in a vitrine. It was originally created for Charles Saatchi, who sold it in 2004, to Steven A. Cohen for $8 million. The shark used in the artwork alone costs Hrist £6,000 and the total cost of the work was £50,000.

Love for art and luxurious spending usually go hand in hand for the uber rich and Steven A. Cohen who owns world’s most expensive artworks in his collection. No.8, 1949, was painted by Jackson Pollock  and was sold by Hollywood entertainment magnate David Geffen to Steven A. Cohen for $52 million in 2006.  This painting is form Jackson Pollock’s Drip painting series that has established Pollock as a leading figure of new American painting.

An American hedge fund manager Steven "Steve" A. Cohen began accumulating fine art collectables  in 2000, and over the past several years has become a well-known collector. His most valuable art possession is  one of the most expensive paintings Willem De Kooning - Woman III for $137.5 million form an auction few years back. This painting is an abstract which was created between 1951 and 1953 by Willem De Kooning and was originally hung in Iran until it was deemed "unsuitable" for public display. Back in 2002 he was listed as one of the biggest-spending art collectors around the world. Cohen has a collection worth $700 million of art work till date. 

Steven A. Cohen bought a gigantic home in Greenwich in 1998, with estimated price to be more than $14 million. Cohen’s’ T-shaped estate was under major renovations and expansion plans after Mr. Cohen and his wife applied for a special permit to add around another 1,145 square feet space to their house.

Location: The plush home is located in Crown Lane in Greenwich, London.

Accommodation: Spread over an area of 35,000-square, the T-shaped estate features geometric gardens and includes modern amenities like an indoor pool, a basketball court and a Zamboni machine. The home’s luxurious interiors and brilliant architecture are enough to cause the wealthiest jaws to drop.