Steven Cohen said agreed to buy $35m mansion

Steven Cohen Still

Billionaire Steven A. Cohen agreed to buy a newly constructed nine-bedroom mansion in Beverly Hills, California, listed for $35 million, according to a person with knowledge of the purchase.

Bloomberg News reports that the person asked not to be named because the sale isn’t final and the transaction is private.

The person didn’t disclose the price Cohen agreed to pay for the property, which features 13 bathrooms and parking for as many as 30 cars.

Cohen, with a net worth of about $11 billion, owns Stamford, Connecticut-based investment firm Point72 Asset Management. His real estate holdings include a $60 million home in East Hampton, New York, that he purchased in 2013, and a penthouse apartment at Manhattan’s One Beacon Court that’s for sale for $82 million.

The home is one block from the Beverly Hills Hotel. That property, owned by the Brunei Investment Agency, faced celebrity protests last year because the sultanate enacted Islamic criminal law seen as discriminating against women and gays.

Hit the link below to access the complete Bloomberg News article:

Steven Cohen in Deal to Buy Beverly Hills Estate Listed for $35 Million

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