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Tag:
Steve Cohen
Greenwich, CT
Business
Greenwich Hedge Fund Manager Named One Of America's Richest People; 4 More In CT Make List
Forbes released its annual list of the nation's 400 richest Americans this week, and a Connecticut hedge fund manager ranked among the top 40. In all, five billionaires call the Nutmeg State home. Steve Cohen, who runs Point72 Asset Management headquartered in Stamford, was ranked 39th among the richest Americans, and the richest person in Connecticut. According to Forbes, the 68-year-old Greenwich resident is worth an estimated $21.3 billion, a massive increase from when he was worth $13.6 million in 2019. Cohen purchased the New York Mets in 2020. Related:…
Greenwich, CT
News
6 CT Billionaires Hit Forbes 400 Richest List, 5 Call Fairfield County Home
As Forbes released its 2023 World's Richest 400 People, a look at the numbers shows that even the billionaires of the world are feeling the pinch of falling stocks and rising interest rates. The same goes for Connecticut where six billionaires made the list, including one who fell off last year's list only to return this year when another, Stephen Mandel Jr. of Greenwich, didn't meet the required cutoff of $2.9 billion in money. So who are the richest in the state that can rub elbows with the high and mighty? This year's six include top-ranked from the richest in America: No. …
Arlington, VA
Sports
Virginia Native Justin Verlander Inks Massive $86M Contract To Lead NY Mets Rotation
Jacob deGrom who? The New York Mets made a big splash on Monday morning, coming to terms with ace starting pitcher Justin Verlander to replace deGrom at the top of the team's rotation after the latter defected to the Texas Rangers on a five-year deal. Verlander, a Virginia native from Manakin-Sabot, signed a two-year, $86 million pact with the Mets, with a vesting option for a third season, Jon Heyman reported to the New York Post. The AL Cy Young winner fills a gaping hole for the Mets, who lost three-fifths of its starting rotation to free agency. Now 39 years old, Verlander continues …
New Haven, CT
Lifestyle
Brand-New Forbes Rankings Reveal Richest CT Residents
The old saying the rich get richer isn't true this year according to Forbes which just came out with their top 400 wealthiest people in the country for 2022. As a group, the 400 are worth $4 trillion to $500 billion less than last year and for the first time since the Great Recession, the minimum net worth to make the list is down $200 million to $2.7 billion amid the market selloff. But of course, there are still plenty in Connecticut who made the list ranging from hedge fund owners to inherited wealth. So who are the richest people in Connecticut? Here are the top-ranked folks who made t…
Hartford, CT
Lifestyle
These CT Residents Rank Highest On New Forbes Richest People List
A group of Connecticut businessmen and women are among the wealthiest in the country, according to the latest Forbes ranking. The global media company released the Forbes 400 of 2021, which includes several familiar faces to Connecticut residents highlighted by hedge fund mastermind Ray Dalio. Each year, Forbes runs the numbers to determine the wealthiest residents in each of the 50 states, including more than 750 candidates who were whittled down to the top 400 wealthiest Americans. According to Forbes, their reporters interviewed employees, handlers, peers, rivals, and attorneys whi…
Tarrytown-SleepyHollow, NY
Sports
Former NY Mets GM Found Not Guilty Of Drinking, Driving In Westchester
He’s safe! Former New York Mets General Manager Zack Scott was found not guilty of driving while intoxicated and other charges following his arrest in Westchester last summer. Scott, age 44, was busted for allegedly driving while intoxicated when he was busted at approximately 4:15 a.m. on Aug. 31, 2021, in White Plains, allegedly after attending a Fairfield County fundraiser at Mets owner Steve Cohen's Greenwich home. Original story - Acting Mets GM Accused Of Driving Drunk In Westchester, Reports Say A judge ordered Scott to pay a pair of parking tickets worth $100 each with an $88 surc…
Mount Pleasant, NY
Sports
Mets Fire Acting GM Two Months After DWI Charge In Westchester
He’s outta there. Acting New York Mets general manager Zack Scott will not be coming back to the team after being arrested for allegedly drinking and driving in Westchester County over the summer after a trip to owner Steve Cohen’s Connecticut home over the summer. Scott, age 44, was busted for allegedly driving while intoxicated when he was busted at approximately 4:15 a.m. on Tuesday, Aug. 31 in White Plains, allegedly after attending a Fairfield County fundraiser at Cohen's Greenwich home. Original story - Acting Mets GM Accused Of Driving Drunk In Westchester, Reports Say It is alle…
Tarrytown-SleepyHollow, NY
News
Non-Jury Trial Set For Acting Mets GM Busted For Alleged DWI In Westchester
Acting New York Mets General Manager Zack Scott is going from the front office to the front of a courtroom following his arrest for alleged impaired driving in Westchester County following a visit to owner Steve Cohen’s Connecticut home over the summer. Scott, age 44, was busted for allegedly driving while intoxicated when he was busted at approximately 4:15 a.m. on Tuesday, Aug. 31 in White Plains, allegedly after attending a Fairfield County fundraiser at Cohen's Greenwich home. It is alleged that at the time he was approached by officers on South Lexington Avenue in White Plains, Scott …
Mount Vernon, NY
Sports
Acting Mets GM Accused Of Driving Drunk In Westchester, Reports Say
The New York Mets took another blow in what's been a difficult season after their acting general manager was arrested for alleged drunk driving in Westchester following a visit to the Fairfield County home of team owner Steve Cohen, according to reports. Acting GM Zack Scott reportedly Mets up and was busted for allegedly driving while intoxicated when he was busted at approximately 4:15 a.m. on Tuesday, Aug. 31 in White Plains, The New York Post first reported. It is alleged that at the time he was approached by officers on South Lexington Avenue in White Plains, Scott was asleep at the wh…
Fort Lee, NJ
News
Mets GM Busted For DWI After Party At Owner Steve Cohen's House, Report Says
Acting New York Mets General Manager Zack Scott had been at the Connecticut home of team owner Steve Cohen several hours before he was busted on DWI charges, ESPN reported Wednesday. White Plains police reported finding Scott, 44, asleep at a traffic light in his 2018 Toyota SUV on South Lexington Avenue near the U.S. District Courthouse shortly before 4:30 a.m. Tuesday. He failed a field test but refused to take a breath test or submit a blood sample, White Plains Police Capt. James Spencer reportedly told the Post, which broke the story. Scott had been at the Greenwich, CT home of Met…
Kingston, NY
Sports
Hedge Fund Billionaire Takes Steps To Purchase New York Mets
Many New York Mets fans may have their wishes granted as Greenwich hedge fund billionaire Steve Cohen, a Long Island native, is taking steps to purchase the majority of the team from the Wilpon family. Sterling Partners, the Wilpon’s family business, has reportedly entered talks to sell up to 80 percent of its shares of the Major League baseball team to Cohen, who is already an investor in the club. If completed, the transaction would value the franchise at approximately $2.6 billion. Under the proposed agreement, Fred Wilpon would remain as CEO for five more years, and Jeff Wilpon will con…
DV Plus - Westchester, NY
Politics
Cuomo Offers His Donors To Biden Presidential Bid
Like father, like son? Just as his dad, former New York Gov. Mario M. Cuomo, opened the door for Bill Clinton to run for president in 1991, Gov. Andrew Cuomo has opened his campaign coffers to help Joe Biden become a Democratic frontrunner in the 2020 race for the White House. During an impromptu news conference 28 years ago, as the snow fell in Syracuse, the elder Cuomo announced he would not run for president. That instantly cleared the field for then-Arkansas Gov. Clinton. The current governor, Cuomo of New Castle, told political party donors that he wants to open his formidable fundrai…
