First Jobs Of Top Executives

Steve Cohen

Cohen was born in Great Neck, New York to a Jewish family. Steve Cohen worked as a 'fruit boy' at Bohack supermarket where he made $1.85 an hour. He quit that job because he developed a liking towards poker where he was making more. Cohen later went on to receive an economics degree from the Wharton School at the University of Pennsylvania.

Cohen is an American hedge fund manager and founder of SAC Capital Advisors, a Stamford, Connecticut-based hedge fund focusing primarily on equity market strategies.

On his first day at job at Gruntal & Co., Cohen made an $8,000 profit. And he would eventually go on to make the company around $100,000 a day. Cohen was by then running his own trading group at Gruntal in 1984, and continued running it until he started his own company SAC.