Michael Cohen is a prominent American lawyer famously known for his association with Donald Trump. From his lucrative salary as Trump’s personal attorney to his tumultuous investment ventures and legal entanglements, Cohen’s net worth is -$1.
Michael Cohen Net Worth | -$1 |
Date of Birth | August 25, 1966 |
Place of Birth | Long Island, New York |
Nationality | American |
Profession | Politician |
Early Life
Born on August 25, 1966, in Long Island, New York, Michael Cohen’s journey to prominence began with a solid educational foundation. After earning his undergraduate degree from American University, Cohen pursued his passion for law, obtaining a Juris Doctor degree from Thomas M. Cooley Law School in 1991.
Pre-Donald Trump Era
Before his tenure with the Trump Organization, Cohen honed his legal expertise at various law firms, specializing in personal injury and real estate law. His involvement in politics, including serving as a Democratic Party delegate in 2004, showcased his multifaceted skill set and political acumen.
The Trump Organization
In 2006, Cohen’s career trajectory took a significant turn when he joined the Trump Organization as Executive Vice President and Special Counsel.
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Tasked with handling legal and business affairs, Cohen swiftly became a trusted confidant and staunch defender of Donald Trump, navigating complex legal landscapes with tenacity and resolve.
Controversies
Cohen’s tenure at the Trump Organization was marred by controversies and legal troubles, culminating in his guilty pleas to charges ranging from campaign finance violations to tax fraud. His involvement in paying hush money to women alleging affairs with Trump and his role in a failed Trump Tower project in Moscow thrust him into the center of a political firestorm.
Michael Cohen Investments
Despite a lucrative salary of $1 million per year during his tenure at the Trump Organization, Cohen’s financial journey was fraught with challenges. His ownership stake in over 200 New York City taxi medallions, once valued at over $100 million, plummeted in worth with the rise of ride-sharing apps like Uber and Lyft. Legal battles, failed investments, and mounting debts underscored Cohen’s financial woes, painting a stark contrast to his earlier paper wealth.
Personal Life
Beyond his professional endeavors, Michael Cohen’s personal life and outspoken criticism of Donald Trump have cemented his legacy as a polarizing figure in American politics. Despite his legal troubles and financial setbacks, Cohen remains an influential voice in the political arena, offering insights into his tumultuous journey in his memoir, “Disloyal: A Memoir.”
Michael Cohen Net Worth
Michael Cohen net worth of -$1 million reflects the highs and lows of his financial journey, from the pinnacle of success as Trump’s attorney to the depths of legal battles and financial turmoil.