Name
John Paulson
John Paulson
New York, New York
Bachelor of Arts/Science, New York University | Master of Business Administration, Harvard Business School
United States
Paulson & Co. Inc.
9
hedge funds, Self Made
$5,000,000,000
355
4
#355 Billionaires 2019
#88 Forbes 400 2018
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 recent years, Paulson's funds have struggled mightily. His legendary Advantage fund is now mostly his own capital.Paulson's hedge funds managed $36 billion at their peak, but by the end of 2018 they totaled about $6 billion. A Queens native, Paulson had stints at several firms, including Boston Consulting Group and Bear Stearns, before founding Paulson & Co.
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