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Born in 1956 in Long Island, New York, Cohen’s beginnings were nowhere near affluent. Raised in a middle-class family in Great Neck, Cohen was surrounded by the trappings of wealth but did not inherit it. His father worked as a dress manufacturer while his mother was a piano teacher. Despite the suburban normalcy, Cohen stood out through his early engagement with poker, a game that not only provided him with a side income but also honed his skills in taking calculated risks.