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John Paulson | |
|---|---|
| Born | John Alfred Paulson December 14, 1955 New York City, U.S. |
| Education | New York University (BA) Harvard University (MBA) |
| Known for | Founder of Paulson & Co. |
| Political party | Republican |
| Spouse |
Jenny Zaharia
(m. 2000; sep. 2021) |
| Children | 2 daughters |
John Alfred Paulson (born December 14, 1955) is an American billionaire hedge fund manager. He leads Paulson & Co., a New York–based investment management firm he founded in 1994.[1] He has been called "one of the most prominent names in high finance".[2]
He acquired much of his fortune in 2007 when he earned almost $4 billion and was transformed "from an obscure money manager into a financial legend"[3] by using credit default swaps to effectively bet against the U.S. subprime mortgage lending market. In 2010, Paulson earned $4.9 billion.[4] The Forbes real-time tracker estimated his net worth at $3 billion as of January 2023.[1]
A Donald Trump supporter, Paulson was a major donor to Trump's 2016, 2020, and 2024 presidential campaigns. Trump has publicly floated Paulson as a potential Secretary of the Treasury following his victory in the 2024 election.[5]
- ^ a b "Forbes profile: John Paulson". Forbes. Archived from the original on April 3, 2019. Retrieved May 22, 2020.
- ^ DE LA MERCED, MICHAEL J. (October 23, 2012). "Central Park Draws a Huge Gift From a Fan in High Finance". New York Times. Archived from the original on December 21, 2018. Retrieved January 17, 2014.
- ^ "John Paulson's Very Bad Year" By Sheelah Kolhatkar| businessweek.com| June 28, 2012
- ^ Wachtel, Katya (April 4, 2011). "The Top 25 Hedge Fund Earners In 2010". Business Insider. Archived from the original on September 3, 2014. Retrieved August 28, 2014.
- ^ "Trump floats billionaire Paulson as potential Treasury chief, Bloomberg reports". Reuters. March 14, 2024.