Top-200_2015_Cohen_A+S

CARLY ERICKSON/BFA.COM

Alexandra and Steven A. Cohen began collecting art in 2000. Since that time, according to published reports, they have spent over $700 million dollars enlarging their collection, which includes works by Willem de Kooning, Andy Warhol, Pablo Picasso, Jasper Johns, Jeff Koons, and Jackson Pollock among many others. Active philanthropists, the Cohens have given millions to the Museum of Modern Art, the Metropolitan Art Museum, El Museo del Barrio, the Guggenheim, and the Rock and Roll Hall of Fame. In 2012 alone, the Steven A. and Alexandra M. Cohen foundation gave over $43 million to support the arts. These charitable endeavors have offset more controversial areas of Steven Cohen’s life, including his notoriously complicated relationship with his ex-wife, and the insider-trading scandal that led to the restructuring of his hedge-fund company, SAC Capital Advisors, in 2014. Cohen has also been known to part with works from his collection. In November, 2015, for instance, he sold a Warhol Mao at a Sotheby’s auction for over $47 million.

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Alexandra and Steven A. Cohen

Location:
Greenwich, Connecticut

Source of wealth:
Investments

Collecting area:
Impressionism; Modern and contemporary art

Top 200 appearance:
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Fun fact:

Included in their collection is The Physical Impossibility of Death in the Mind of Someone Living (1991), by Damien Hirst–a giant shark floating in formaldehyde that is perhaps the British artist’s most iconic work.