John Paulson- Net worth, Money and More

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Net Worth :$11 billion

 

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John Paulson was born on 14 December 1955 in Queens, New York, U.S. his citizenship is United States. He is an American hedge fund manager who runs Paulson & co, which is a New York based investment management firm. This company was founded in the year 1994. He is known to have high finance and has biggest fortunes in the history of World. In the year 2013, it was declared by the Forbes that his net worth is $11.4 billion. In the year 2007, he was shot to fame by short-selling subprime mortgages.

Life:

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He was born to Alfred G. Paulson and Jacqueline Paulson. His father was enlisted in the US Army where he served and was present during World War II. His mother was the CFO at public relations firm Ruder Finn. Talking about his education, he attended local public schools.in the year 1973, he entered the New York University where he studied creative writing and film production. He also learned philosophy but was not interested in school thing. He later moved to Quito where he started his first business venture selling cheap children’s clothing to his father only. His father then sold it to clothing market and also to several departmental stores. In the year 1976, he began excel in business studies and in the year 1978, he was graduated valedictorian of his class Summa cum laude in finance in NYU of business and public administration. Not only is this, he went on Harvard Business School when he got the sholarship, Sidney J, Weinberg/Goldman Sachs. Moreover he earned MBA as a George F. Baker Scholar in the year 1980.

Talking about his personal life, he married to Jenny Zaharia in the year 2000 in an Episcopalian Church in Southampton, New York. It was reported that his wife was a Romania immigrant. She came to United States along with her brother George who is a track star in Romania. The couple together has two daughters named Giselle and Danielle who lived in a luxurious house. He always avoid media and never ever has given any interview.

Career:

Talking about his career life, there is lot to know. He is a successful man in his career. He worked at Boston Consulting Foup in the year 1980 where he worked as a researcher and provides advice to various companies. Later on he joined Odyssey partners and worked with Leon Levy. In the year 1984, he found Paulson & Co with $2 million and just one employee to start with. In the year 2006, he organized a fund in which he bet against the subprime mortgages using credit default swaps. Not only is this, he set another hedge fund in the year 2010 and made nearly $5 billion in just a single year. Paulson also has become a major investor in gold. In the year 2008, he wrote a Wall Street Journal which suggest an alternative to the Treasury Secretary’s plan for stabilizing the markets. Apart from these he also made some political contributions. He contributed $140,000 to political candidates between the period 2000 and 2010. He is very much involved in philanthropy. He made various contributions and in various organizations with a very large amount. John Paulson is known as the legendary American hedge fund manager and is famous all over the world. This rich billionaire is lucky since birth and is in business career since teenage.

Homes:

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John Paulson is a very personality. He is a rich billionaire of the era. He owns a lot of property and live with full comfortness. His luxurious life is full of happiness. Talking about his property, he owns two homes which includes Aspen Ranch. This sprawling estate is spread in 8.9 acres and includes seven bathrooms, eight bath places and a 35 foot wall of glass that offers a perfect view of Colorado. Not only is this, his second home is super luxurious and offers more beautiful view. This is known as Hala home which is bought in the year 2012 worth $49 million. It is currently ranked number three in the list of most expensive U.S homes. It is located in Aspen, Colorado and spread in 55000 sq ft area. This giant mansion has 15 bedrooms and 27 bathrooms the architecture is signature rustic style. Moreover, it has internal lift and centerpiece lodge bigger than in White House. Talking about its features, it has heated horse stables, tennis court, sauna, indoor gymnasium, indoor swimming pool and also a beauty parlour.

Hobbies and causes:

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John Paulson likes to spend his spare time in outdoor games. He seems many times playing golf and find fun there. As John Paulson is a super-rich man, he likes to spend his money in good causes which includes Guayaquil, where he donated $15 million and this organization is known as the largest children’s maternity hospital complex in Latin America. This hospital is named after the Paulson father. Next one on the list where he spend his money is New York University Stern School of Business, where he donated $20 million and earned his bachelor degree in his college days, this is the place where his college life stands. He seems to be active on the next one which is Center for Responsible living where he donated $15 million.

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