Quick Wiki!
Net Worth: |
$63 Million |
Name: |
Michael Cohen |
Salary: |
$1 Million |
Monthly Income: |
$0.1 Million |
Date of Birth: |
August 25, 1966 |
Age: |
56 Yrs |
Gender: |
Male |
Height: |
6 ft 1 in (1.85 m) |
Weight: |
171 lb (78 kg) |
Profession: |
American former lawyer |
Nationality: |
American |
Michael Cohen is an American former lawyer who has a net worth of $63 Million US Dollars.
What is the Net Worth of Michael Cohen?
Michael Cohen is the owner of over 7 real estate assets, which generate monthly rent income for him. Aside from having nearly $3 million in bank deposits and government bonds, Michael Cohen also receives annual interest and dividend payments from these investments. Michael Cohen’s annual rental revenue totals more than $150,000 USD. An additional $150,000 goes to Michael Cohen’s dividend and interest income.
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Michael Cohen’s Assets & Investments
Michael Cohen’s assets include 7 real estate properties, 4 Cars, and 1 Luxury yacht. Cohen’s Assets Portfolio also includes Cash Reserves of over $6 Million. Michael Cohen also owns an investment portfolio of 7 stocks that is valued at $8 Million. A few of the stocks owned by Michael Cohen are listed below.
- Tesla
- Netflix
- DuPont
- Mastercard
- Visa
Michael Cohen’s Loans and Liabilities
Michael Cohen took out a $25,000 debt for his studies many years ago in order to pursue his undergraduate career. However, Michael Cohen has fully returned this student loan after becoming well-known and making a fortune.
However, Cohen received a sizable $5 million loan a few years ago for the sake of expanding his company and starting a media company. The current balance of this loan with Morgan Stanley is taken into account when determining Kendall Jenner’s net worth.
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Cohen hasn’t inherited much wealth from his family. This means the entire net worth of Michael Cohen has been earned by herself over a decade. Barbara Corcoran’s wise investments in stock markets and real estate are earning her a huge amount of income each month, which will keep her wealth going upwards.
Career of Michael Cohen:
In New York City, Cohen started his legal career as a personal injury attorney. After that, he continued to work for the Trump Organization, first as an executive vice president and then as Donald Trump’s special counsel. Cohen was well-known for acting as Trump’s “fixer,” taking care of the businessman-turned-president’s legal and private issues.
Cohen’s professional life has been characterized by scandal and legal issues. He entered a guilty plea in 2018 to a variety of offenses, including tax evasion, bank fraud, and improper campaign financing. He acknowledged breaking campaign finance regulations by giving hush money to two women who claimed to have had relationships with Trump. In addition, Cohen acknowledged lying to Congress about his level of engagement in the project to construct a Trump Tower in Moscow. He received a three-year prison term and was had to pay a $50,000 fine.