Michael Cohen Net Worth

Michael Cohen Net Worth – Michael Cohen is a well-known American former attorney who worked as a lawyer for former U.S. President Donald Trump from the year 2006 to 2018.

In this article, we have covered detailed information about Michael Cohen net worth, salary, earnings, biography, career, and more.

So, let’s delve right into it to know more.

Table of Contents

Michael Cohen net worth is estimated at around $63 million. He earns a whopping amount from his career as a politician and a lawyer. In 2016, he claimed to have a net worth of $40 million.

Michael Cohen possesses about 717 units of Masimo Corp common stock, and in the last three years, he has sold stocks of an estimated value of around $132.29K. He owes nearly $1.4 million to the IRS.

Michael Cohen Salary and Earnings

Michael has an estimated salary of around $1 million and earns a monthly income of around $1.2 million.

His assets comprise 7 real estate properties, 4 cars, 1 grandeur yacht, and cash reserves of more than $6 million. Besides, he owns an investment portfolio that has been valued at around $8 million.

Michael Cohen owns some of the stocks named Tesla, Netflix, DuPont, Mastercard, and Visa. He earns a total rental income of more than $150,000 yearly. He has a deposit of more than $3 million in Bank deposits and government bonds by which he gets annual interest and dividend payments.

Michael Cohen Biography and Career

Michael Cohen was born on 25th August 1966 in Long Island, New York, United States, into a Jewish family to Sondra and Maurice Cohen. He was brought up in the town of Lawrence on Long Island. Michael’s zodiac sign is Virgo, and his ethnicity is Ashkenazi Jewish.

Michael Cohen’s father was a surgeon and a Holocaust Survivor, and his mother was a nurse. He completed his higher education at Woodmere Academy and pursued his B.A. from American University and his J.D. from Thomas M. Cooley Law School in 1988 and 1991, respectively.

Michael is married to Laura Shusterman, who is from Ukraine. The couple tied the knot in the year 1994 and has one daughter, Samantha, and a son named Jake Cohen.

Career

He started practicing personal injury law in 1992 in New York, and it was the starting phase of his career as a lawyer. In the beginning, he worked for Melvyn Estrin in Manhattan. Michael was a partner at the law firm Phillips, Nigeria Benjamin, Kris & Ballon in 2006 and practiced law at the company for one year before becoming a part of the Trump Organization. But after his 2018 misdemeanor convictions, he was banned in New York.

Michael Cohen was an admirer of Donald Trump and joined the Trump Organization in 2006. He was an executive at the Trump Organization and was known as Trump’s “pit bull.” Michael co-founded the website named “Should Trump Run?” In late 2011, Trump was openly inquiring about running for the 2012 Republican Party presidential election in late 2011 to enroll Donald Trump into entering election.

In 2011, in an interview with ABC News, Cohen said, “If somebody does something Mr. Trump doesn’t like, I do everything in my power to resolve it to Mr. Trump’s benefit. If you do something wrong, I’m going to come at you, grab you by the neck, and I’m not going to let you go until I’m finished.”

In April 2018, the Federal Bureau of Investigation raided Cohen’s home, hotel room in the Loews Regency Hotel in New York, and his office too. The investigation led to the takeover of many business records, emails, tax records, and payments that Cohen made to Stormy Daniels. The records connected to Trump’s Access Hollywood Controversy were also found during the investigation.

He surrendered to the FBI on 21st August 2018 as he was subsequently entreated guilty to eight criminal offenses, encompassing five counts of tax evasion. His punishment was dated 12th December 2018, with the judge ruling that he could only be released on $500,000 bail. Michael Cohen shifted his political party from Republican to Democratic on 11th October 2018.