Steve Cohen net worth revealed: How rich is the Tennessee representative?

Join us as we explore Steve Cohen’s net worth by going over his assets and liabilities, all disclosed in the Tennessee representative’s latest financial disclosure report.

Who is Steve Cohen?

Steve Ira Cohen is the US Representative from Tennessee’s 9th congressional district, serving since 2007. He is a member of the Democratic Party and has a strong record on civil rights and justice issues.

Cohen was the first Jewish congressman elected in Tennessee and has been a passionate advocate for education. He played a key role in establishing the Tennessee Education Lottery, which is specifically designed to fund education programs across the state.

Steve Cohen’s net worth

Based on his latest financial disclosure report, Steve Cohen’s net worth is anywhere between $3,973,106 and $10,296,000.

Disclaimer: Estimating a lawmaker’s net worth is challenging because disclosure forms do not mandate exact values. Instead, they report the value of their assets and liabilities within specified ranges. While we strive to accurately estimate net worth from filings, disclosure rules have shortcomings. Personal residences, certain personal property, and federal retirement accounts are often not reported. Large assets can be listed in broad categories like “Over $1 million” or “Over $50 million,” potentially worth much more.

Steve Cohen’s assets and liabilities

According to his most recent FD report, Steve Cohen disclosed assets ranging in value between $3,973,106 and $10,296,000, with no reported liabilities. Out of all his assets, the most valuable ones include the following five:

• Tennessee Stable Value Fund, valued between $500,001 and $1 million;

• Microsoft Corp. (NASDAQ: MSFT), valued between $250,001 and $500,000;

• Tennessee Stable Value Fund, valued between $250,001 and $500,000;

• Commercial Bank and Trust Company, valued between $100,001 and $250,000;

• Amgen Inc. (NASDAQ: AMGN), valued between $100,001 and $250,000.

Controversies

Just like many of his peers, Steve Cohen faced several controversies during his career. One of the most notable incidents involved him making comments on the House floor, where he compared the Republican Party’s tactics to those of the Nazis, which drew significant backlash. He later apologized for the remarks.

Personal life

Steve Cohen was born on May 24, 1949, in Memphis, Tennessee. He graduated from Vanderbilt University in 1971 and earned his Juris Doctor from the University of Memphis. Cohen is the son of Genevieve and Morris David Cohen, a pediatrician, and has two older brothers—Michael Corey and Martin D. Cohen. He is unmarried.

The bottom line

Although he shares the same name as the founder of SAC Capital Advisors, Steve Cohen’s net worth is nothing alike. According to his most recent FD report, we estimated that the House representative from Tennessee is worth between $3,973,106 and $10,296,000.

Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.