Emily Smith

Emily Smith

Celebrity News

Hedge fund billionaire backs Bo Dietl for mayor

Hedge fund billionaire Steve Cohen is backing former NYPD officer and private detective Bo Dietl for mayor.

The Point72 Asset Management founder is hosting a “private fundraiser” at his Manhattan penthouse (the one he has been unsuccessfully trying to sell for years) on Tuesday, and tickets cost $4,950 each.

Dietl wrote on an e-mail invite to supporters, “Our campaign could really use your help. We are up against a corrupt mayor and we want to clean up New York City.”

Cohen, worth $13 billion, isn’t known for backing political winners: In 2015, he donated $2 million to a super PAC supporting the presidential candidacy of Chris Christie.