Steven Cohen’s art collection

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wikicollecting

2015-06-26 10:50:33

Steven Cohen’s art collection is one of the most celebrated private art collections in the world and includes many highly-coveted pieces. Career

Steven Cohen, born in 1956, is a hedge fund manager who came to prominence in the late 1970s as a successful trader on the stock markets.

Cohen was ranked the 35th richest American by Forbes Magazine in 2011, with an estimated worth of $8bn.

Collection

Cohen began to collect art in 2000, with a particular taste for impressionist pieces.

It is estimated that Cohen has spent more than $700m on art, including many by modern British artists.

This includes Damien Hirst’s The Physical Impossibility of Death in the Mind of Someone Living), better known as the shark in formaldehyde. Cohen paid $8m for the work.

He also owns non British works by celebrated artists such as:

"I like things that make me laugh," Cohen says. "Art is a great diversion from looking at numbers."

Notable purchases

  • 2006 de Kooning’s Woman III for $137.5m
  • 2005 Van Gogh’s Portrait of a Young Peasant Girl for around $80m.
  • 2004 Francis Bacon's Study after Velázquez for $16m
  • 2004 Andy Warhol's Superman for around $25m
  • 2004 Jackson Pollock drip painting for $52m
  • 2001 Madonna, by Munch, for a reported $11m from US dealer Mitchell-Innes and Nash
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