Rank #1056
John Paulson
Net worth $4.0B
Hedge funds · United States
- Born
- Dec 14, 1955
- Age
- 70
- Source
- Hedge funds
- Residence
- New York, New York
- Citizenship
- United States
- Marital status
- Separated
- Children
- 2
- Education
- Master of Business Administration, Harvard Business School; Bachelor of Arts/Science, New York University
Net worth over time
Biography
- John Paulson made his fortune betting against subprime mortgages at the peak of the 2007 credit bubble.
- His hedge fund firm, Paulson & Co., was started in 1994 and enjoyed success as a niche fund until Paulson put on his "big short" in 2007.
- In 2020, Paulson announced that he would be returning capital to investors and converting his hedge fund into a family office.
- A Queens native, Paulson had stints at several firms, including Boston Consulting Group and Bear Stearns, before founding Paulson & Co.
- Paulson has given $400 million to Harvard University, where he received an MBA, and $100 million to his undergraduate alma mater New York University.