#1044
John Paulson
Overview
- Source of Wealth
- Hedge funds
- Industry
- Finance & Investments
- Residence
- New York, New York
- Organization
- Founder at Paulson & Co. Inc.
- Education
- Harvard Business School (Master of Business Administration)New York University (Bachelor of Arts/Science)
- Marital Status
- Separated
- Children
- 2
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.