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American hedge fund manager, John Alfred Paulson, has a net worth of $6.63 billion in July 2017, according to Bloomberg. He is the founder and President of Paulson & Co., a New York-based hedge fund. The gold-denominated versions of his firm's funds, where he is said to have most of his personal stash, have gained steadily. In 2010, his take-home pay was $4.9 billion, a record for the hedge fund industry. He is donating $15 million to a new maternity hospital in Guayaquil, Ecuador, where his father was born. Paulson became a billionaire in 2007 shorting subprime securities and earning a $3.5 billion payout. He got his start at Odyssey Partners, a private equity and hedge fund and later became managing director of M&A at Bear Stearns. He founded Paulson & Co in 1994.
Earnings & Financial Data
Date |
Category |
Description |
Amount |
---|---|---|---|
2012 |
Earnings |
Estimated earnings from Paulson & Co. |
$275,000,000 |
2010 |
Earnings |
Estimated earnings from Paulson & Co. |
$4,900,000,000 |
2009 |
Earnings |
Estimated earnings from Paulson & Co |
$5,000,000,000 |