What is Scott Lee Cohen's Net Worth?
Scott Lee Cohen is an American politician and businessman with an estimated net worth of $10 million. Born in June 1965, Cohen earned his fortune primarily through real estate investments and his pawnbroker business, State Jewelry & Loans, which he inherited from his father.
Political Career
In 2009, Cohen founded a citizens group named Rod Must Resign, urging then-Governor Rod Blagojevich to step down. This campaign marked his entry into politics.
2010 Election Campaign
Scott Lee Cohen campaigned in the 2010 primaries, promoting himself as a small business owner of Cohen's Green Cleaning. He spent over $2 million on his campaign and ultimately won the Democratic Party's nomination for Lieutenant Governor of Illinois. However, Cohen withdrew from the race due to controversies surrounding his personal life.
Personal Life Controversies
In 2005, Cohen was arrested for domestic abuse, although the charges were later dropped. He admitted to using steroids, which his ex-wife claimed led to violent outbursts.
Independent Run for Governor
In May 2010, Cohen announced his candidacy for Governor of Illinois as an independent but only garnered 3.64% of the vote.
Television Appearance
In 2013, Cohen appeared in the reality television series Hardcore Pawn: Chicago on truTV.
Legal and Financial Troubles
By late 2013, Cohen's house was put up for foreclosure auction. In 2014, he faced a lawsuit alleging that a home he owned, which was leased to a halfway house, was operating without the necessary permit.
