Who Is Laura Shusterman?: All About Michael Cohen’s Wife

Laura Shusterman is a name that is often associated with the legal and business world, primarily due to her marriage to Michael Cohen, the former lawyer for Donald Trump. However, there’s much more to Laura than just her connection to high-profile figures. She comes from a family of immigrants who built a successful business empire, and she has played a key role in several business ventures of her own. In this article, we’ll dive deep into the life of Laura Shusterman, exploring her early years, family background, career, and much more.

Profile Summary

Early Life and Background

Laura Shusterman was born in 1970 in the Soviet Union, which is now Ukraine. Her father, Fima Shusterman, immigrated to the United States with his family in 1975, seeking better opportunities in a new land. The Shustermans settled in New York, where they started to rebuild their lives. Fima, who had been a taxi driver back in Ukraine, soon found success in the growing New York City taxi industry.

Growing up in an immigrant family, Laura experienced the challenges that come with starting a new life in a foreign country. Her father’s hard work and perseverance paid off as he began acquiring taxi medallions—valuable permits that allow a person to operate a taxi. Over the years, Fima amassed a fleet of taxis, and his success would eventually play a major role in Laura’s own business journey.

Family Life and Marriage to Michael Cohen

In the early 1990s, Laura Shusterman married Michael Cohen, who was at the time starting his career in law. Cohen had grown up in Long Island, New York, and came from a family of professionals. His father was a surgeon, which exposed him to a life of discipline and responsibility from a young age.

Laura and Michael’s marriage came at a time when both were poised for success. While Laura’s family was already involved in the lucrative taxi business, Cohen was beginning to carve out a name for himself in the legal world. In 2006, Cohen met Donald Trump through his father-in-law, Fima Shusterman, who had invested in Trump’s business ventures. This introduction would change Cohen’s life forever, leading him to become one of Trump’s most trusted legal advisors.

Together, Laura and Michael raised two children: Samantha Blake Cohen and Jake Ross Cohen. Their family life was relatively private, with the couple keeping a low profile despite their connections to the powerful world of politics and business.

Career and Business Ventures

While much of Laura Shusterman’s career remains private, it’s clear that her business acumen comes from her family’s entrepreneurial spirit. As mentioned, her father, Fima Shusterman, played a pivotal role in the success of the family business, starting with a single taxi medallion and eventually expanding into a large fleet of 260 taxis.

Laura became involved in the business as well, working alongside her husband Michael Cohen in managing the growing empire. In the 1990s, Cohen and Shusterman’s taxi company flourished, and they were able to capitalize on the booming demand for yellow taxis in New York City. At the height of its success, its fleet was one of the largest in the city, a sign of the Shustermans’ strategic thinking and business savvy.

However, the rise of ride-hailing services like Uber and Lyft has significantly reduced the market for traditional taxi medallions. While their value once exceeded $1.5 million each, the new competition has changed the dynamics of the industry. Despite these challenges, Laura and her family remain significant players in the business world, particularly in real estate and other ventures.

The Shusterman Family’s Legal Troubles

While Laura Shusterman’s family had a successful business career, their lives have not been without legal challenges. The most notable of these came from the legal troubles surrounding her husband, Michael Cohen.

In 2018, Cohen became embroiled in several legal scandals related to his work as Trump’s lawyer. He pled guilty to charges including tax fraud, campaign finance violations, and lying to Congress. His conviction, and the subsequent media attention, affected the reputation of his family, including Laura. The fallout from these legal battles has undoubtedly placed a strain on their personal and professional lives, though Laura has largely kept a low profile during this period.

Despite her husband’s legal issues, Laura Shusterman has managed to maintain a sense of stability for her children and her business endeavors. The Shusterman family’s story is one of resilience, showing how they’ve navigated both success and adversity.

Financial Standing and Net Worth

As of 2023, Laura Shusterman’s estimated net worth is approximately $3 million. This wealth comes from a variety of sources, including her family’s taxi business and real estate investments. The Shustermans’ initial success came from their fleet of taxis, and despite the decline in the taxi medallion market, they have continued to diversify their holdings into other lucrative ventures.

Laura’s ability to maintain her wealth, even amidst the challenges posed by the changing taxi industry, speaks to her business acumen. She has not only been able to manage the family business but also expand it into other profitable areas like real estate.

Her wealth is also a reflection of her father’s entrepreneurial spirit and the family’s ability to adapt to the changing business environment. While taxi medallions are no longer as valuable as they once were, the Shusterman family has weathered the storm by shifting their focus to other profitable areas.

Personal Life and Physical Appearance

Laura Shusterman stands out for more than just her business success. She is known for her striking physical appearance, standing at 5 feet 8 inches tall and weighing around 65 kilograms. Her features include fair skin, dark brown hair, and brown eyes, all of which contribute to her graceful and elegant public image.

Though Laura has kept much of her personal life private, her appearance and poise have drawn attention in the media, especially considering her marriage to Michael Cohen. While her physical appearance is often discussed, it’s her resilience and strength in managing her family’s legacy that truly defines her.

Media Coverage and Public Image

Despite her relatively private life, Laura Shusterman has been thrust into the media spotlight due to her marriage to Michael Cohen and the legal troubles that followed. Throughout the media frenzy surrounding Cohen’s conviction, Laura has largely stayed out of the limelight. However, she has still been subject to public scrutiny, particularly in relation to the legal battles her husband faced.

Her family’s association with high-profile figures like Donald Trump has also made them a subject of public interest. In many ways, Laura Shusterman’s story reflects the complexities of being married to someone in the public eye—balancing personal privacy with the pressures of media attention.

Legacy and Influence

Laura Shusterman’s legacy is tied to her family’s business success and her role in maintaining that success through changing times. Her father, Fima, laid the groundwork for their financial prosperity, and Laura has played an important part in sustaining and expanding the family’s empire.

In addition to her business achievements, Laura’s legacy will also be shaped by how she navigates the public scrutiny and personal challenges that have come with being married to Michael Cohen. Despite the controversies, she has managed to maintain her dignity and protect her family’s reputation.

Conclusion

Laura Shusterman’s life is a testament to resilience, hard work, and adaptability. From her early years in the Soviet Union to her current role in managing her family’s business empire, Laura has faced both challenges and triumphs. Her journey is intertwined with that of her husband, Michael Cohen, whose legal issues have only served to bring more attention to her life. However, it is clear that Laura Shusterman is much more than just the wife of a former lawyer for Donald Trump—she is a successful entrepreneur in her own right, with a legacy built on hard work and determination.

FAQs About Laura Shusterman

1. Who is Laura Shusterman?

Laura Shusterman is an American businesswoman and the wife of Michael Cohen, the former lawyer for Donald Trump. She comes from a family of Ukrainian immigrants and is known for her involvement in her family’s taxi medallion business, which she helped expand alongside her husband.

2. What is Laura Shusterman’s net worth?

As of 2023, Laura Shusterman’s estimated net worth is approximately $3 million. Her wealth comes from various business ventures, including her family’s taxi medallion business and real estate investments.

3. How did Laura Shusterman meet Michael Cohen?

Laura Shusterman met Michael Cohen in the early 1990s, and the two were married soon after. Cohen was introduced to Donald Trump through Laura’s father, Fima Shusterman, who had business dealings with Trump, leading to Cohen becoming one of Trump’s most trusted legal advisors.

4. Does Laura Shusterman have any children?

Yes, Laura Shusterman has two children: a daughter named Samantha Blake Cohen and a son named Jake Ross Cohen. Both of her children have pursued higher education, with Jake attending the University of Miami and Samantha graduating from the University of Pennsylvania.

5. What businesses is Laura Shusterman involved in?

Laura Shusterman is primarily involved in the taxi medallion business, which was started by her father, Fima Shusterman. Over the years, the Shusterman family expanded their business empire, also venturing into real estate. Despite challenges in the taxi industry, Laura continues to manage and grow these business ventures.

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