Thursday, September 20, 2018

John Paulson
Age 62   Net Worth $6.5 Billions
Born New York City, US     Citizen  US
Selfmade in Hedge Fund,  founded Paulson & Co in 1988 

Education   BS   New York University  1978
                   MBA  Harvard Business School  1980

This is picture of John Paulson




 







This is youtube link to John Paulson 
https://www.youtube.com/watch?v=HtYA4vg3z_I

He is most famous for having made the Greatest Trade Ever in 2007 shorting the subprime mortgage





 







He made $20 Billion Profit for the firm, $4 Billion for himself

Prior to that, he was quite obscure

Gregory  Zuckerman wrote the book "The Greatest Trade" 





 











Actually, he also suffered the Greatest Collapse, cause after his phenomenal trading sucess from 2007 to 2011, he started to lose money at an alarming rate.  

By 2018, 90% of his customers had fleed him, and his asset undermanagement went down from a peak of $38 Billion to $8 Billion 

John Paulson also holds the world record for oweing $1.6 Billion Tax






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