Lee vs Cohen
Samsung Electronics and Point72.
The differences
- Forbes puts Jay Y. Lee about $0B ahead of Steve Cohen.Forbes figures from 15 Oct 2026 and 9 Oct 2026.
- Jay Y. Lee: inherited it. Steve Cohen: founded it.
- Jay Y. Lee is from South Korea; Steve Cohen is from United States.
Put someone else on either side
Side by side
The money
- Net worth, Forbes
- $26.7BForbes, 15 Oct 2026
- $26.7BForbes, 9 Oct 2026
- Net worth, Bloomberg
- $29.8BBloomberg, 12 Oct 2026
- $22.2BBloomberg, 11 Oct 2026
- Forbes rank
- No. 84Real-Time list, 9 Oct 2026
- No. 90Real-Time list, 9 Oct 2026
- Billionaire since
- Not stated
- 2004Earliest Forbes list in the cited sources: the 2004 World's Richest People; an earlier listing isn't ruled out
Where it came from
- How it started
- Inherited itSamsung was founded by his grandfather Lee Byung-chull in 1938; his stakes rose sharply when his father's shares were distributed to the heirs in 2021. He has been executive chairman of Samsung Electronics since 2022
- Founded itFounded S.A.C. Capital Advisors in 1992 and converted it into the Point72 family office in 2014
- Main source
- Samsung Electronics and Samsung C&T stockBloomberg names Samsung Electronics as his biggest asset
- His holdings in Point72's hedge fundsBloomberg: about $16.6 billion of Point72's $50.7 billion in assets (April 2026) belongs to him; he also owns 95% of the New York Mets
- Companies
- Samsung Electronics, Samsung C&TSamsung Electronics: Executive chairman
- Point72Point72: Founder, chairman, CEO and co-chief investment officer
- Biggest stake
- Samsung C&T21.8% owned
- Point72Stake not stated
The person
- Born
- Not stated
- 1956Great Neck, New York, United States
- Country
- South KoreaLives in Seoul, South Korea
- United States
- Education
- Not statedSeoul National University and Keio University; attended Harvard Business School without graduating
- Bachelor's degreeBS in economics, Wharton School, University of Pennsylvania (1978)
- Parents
- Son of Samsung Group chairman Lee Kun-hee, long South Korea's richest person, and Hong Ra-hee, a former director of Samsung's Leeum art museum
- Father was a garment manufacturer and mother a piano teacher; the third of eight children
What they give
- Giving Pledge
- Not a signer
- Not a signer
- Foundation
- Samsung Life Public Welfare Foundation and Samsung Foundation of CultureHe was named head of both Samsung foundations in 2015, succeeding his father
- Steven & Alexandra Cohen Foundation
- Lifetime giving
- Not stated
- $1.5BSteven & Alexandra Cohen Foundation, 17 Oct 2026. The foundation says it has given over $1.5 billion to US public charities since 2001; Forbes says he has given more than $1 billion over his lifetime
Role and record
- Role now
- Runs the companyExecutive chairman of Samsung Electronics
- Runs the companyChairman, CEO and co-CIO of Point72; chairman and CEO of the New York Mets
- Successor
- None named; his sister Lee Seo-hyun became president of Samsung C&T in 2024 and his sister Lee Boo-jin is president and CEO of Hotel Shilla
- Not stated
- Public office
- None found
- None found
- Legal record
- 2021: South Korean courtsSentenced in January 2021 to two and a half years in prison on bribery charges tied to the influence-peddling scandal around former President Park Geun-hye, after a 2017 arrest and a retrial; released early and pardoned by the president in August 2022.
- 2016: US SECSettled SEC charges that he failed reasonably to supervise a portfolio manager who engaged in insider trading, agreeing to a bar on supervising funds that manage outside money until 2018 and to SEC examinations of his family office; he neither admitted nor denied the finding.







