Steve Cohen, owner of the New York Mets and founder of Point72 Asset Management, earned $3.4 billion in 2025, topping Bloomberg’s list of highest-paid hedge fund managers for the first time.

Point72 manages $45.7 billion, with 3,000 staff and 190+ trading pods. Its growth includes new macro, quant, and private credit units. Cohen outpaced rivals like Ken Griffin ($2.4B) and David Tepper ($3.2B) as markets surged, pushing total earnings for the top 20 managers to a record $28.3 billion.