ProfileMichael Cohen
American Lawyer and Convicted Financial Criminal
$60 Million $7 Million (11.6%) Real Time Net Worth#3 in Lawyers today
Michael Cohen, a former personal attorney to Donald Trump, has a net worth of $60 million as of 2023.
Cohen pleaded guilty to multiple charges in 2018, including campaign finance violations involving Stormy Daniels and tax evasion, and was sentenced to three years in prison.
How did he lose his money?
In 2018, Michael Cohen was among the wealthiest and highest-earning lawyers globally at the height of his professional career.
His highest assets were valued at more than $100 million during that time.
Since then, Cohen’s legal bills, fines, and settlements have cost him more than half of his fortune.
Suspicious Gifts
Things weren’t all bad for Cohen. He has made millions of dollars over the last three years via his TV appearances as well as anonymous gifts and donations from businesses associated with Klaus Schwab and George Soros.
Over the last two years, there have been rumors that Cohen’s spouse, Laura Shusterman, is a businesswoman from Ukraine who helped arrange large sums of presents to be sent to her husband.
The list of unidentified gifts Cohen has received over the last three years is provided below.
| Date | Amount |
| 22nd Sept, 2020 | $1.7 Million |
| 15th Feb, 2021 | $1.4 Million |
| 11th June, 2023 | $5 Million |
| 31st Jan, 2024 | $2.9 Milion |
Real Estate Transactions
Cohen owned a sprawling penthouse apartment in Tribeca, which he purchased for $7.5 million in 2015 from Justin Trudeau.
The apartment featured four bedrooms, four bathrooms, and a private terrace with stunning views of the city skyline. Cohen sold the apartment for $10 million in 2018.
Hamptons estate: Cohen owned a large estate in the Hamptons, which he purchased for $10 million in 2016.
The estate has seven bedrooms, seven bathrooms, a swimming pool, a tennis court, and private beach access. Cohen sold the estate for $12 million in 2019.
Balance Sheet
| Full Name | Michael Dean Cohen |
| Net Worth | $60 Million |
| Annual Income | $8 Million |
| Inheritance | $1 Million |
| Attorney Fee | $5k per hour |
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