Difference between revisions of "John Paulson"

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John Paulson is the founder & chairman of [[hedge fund]] Paulson & Co. Inc. and the chairman of Paulson Investment Co. Inc. The eldest son of Paulson Investment Co. Inc.'s original founder and chairman, Chester Paulson, he has made billions betting against the [[subprime]] [[market]] ahead of the housing crisis.<ref>{{cite web|url=http://www.reuters.com/article/hedgeFundsNews/idUSNOA73339920080417|name=Hedge Fund Manager Paulson Earns $3.7 Billion|org=Reuters|date=November 13, 2009}}</ref>
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John Paulson is the founder and chairman of [[hedge fund]] Paulson & Co. Inc. and the chairman of Paulson Investment Co. Inc. The eldest son of Paulson Investment Co. Inc.'s original founder and chairman, Chester Paulson, he has made billions betting against the [[subprime]] [[market]] ahead of the housing crisis.<ref>{{cite web|url=http://www.reuters.com/article/hedgeFundsNews/idUSNOA73339920080417|name=Hedge Fund Manager Paulson Earns $3.7 Billion|org=Reuters|date=November 13, 2009}}</ref>
  
 
As of June 2011, Paulson & Co.'s top investments include [[Citigroup Inc.]] and [[Bank of America Corp.]] On June 21, 2011, Paulson announced the end of the hedge fund's investments in Sino-Forest Corp. due to a 90 percent loss since March 2011- the equivalent of more than $500 million (U.S.).<ref>{{cite web|url=http://www.theglobeandmail.com/globe-investor/markets/markets-blog/paulson-hurt-by-sino-forest-investment/article2069241/?utm_medium=Feeds:%20RSS/Atom|name=Paulson hurt by Sino-Forest investment|org=The Globe and Mail|date=June 21, 2011}}</ref><ref>{{cite web|url=http://www.bloomberg.com/news/2011-06-20/paulson-co-sells-entire-holding-in-chinese-timber-producer-sino-forest.html|name=Paulson Sells Its Sino-Forest Stake Amid Claims Timber Holdings Overstated|org=Bloomberg|date=June 21, 2011}}</ref>
 
As of June 2011, Paulson & Co.'s top investments include [[Citigroup Inc.]] and [[Bank of America Corp.]] On June 21, 2011, Paulson announced the end of the hedge fund's investments in Sino-Forest Corp. due to a 90 percent loss since March 2011- the equivalent of more than $500 million (U.S.).<ref>{{cite web|url=http://www.theglobeandmail.com/globe-investor/markets/markets-blog/paulson-hurt-by-sino-forest-investment/article2069241/?utm_medium=Feeds:%20RSS/Atom|name=Paulson hurt by Sino-Forest investment|org=The Globe and Mail|date=June 21, 2011}}</ref><ref>{{cite web|url=http://www.bloomberg.com/news/2011-06-20/paulson-co-sells-entire-holding-in-chinese-timber-producer-sino-forest.html|name=Paulson Sells Its Sino-Forest Stake Amid Claims Timber Holdings Overstated|org=Bloomberg|date=June 21, 2011}}</ref>

Revision as of 09:57, 23 January 2019

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John Paulson
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Occupation Founder & Chairman; Chairman
Employer Paulson & Co. Inc.; Paulson Investment Co. Inc.
Location New York, NY; Portland, OR
Website http://www.paulsoninvestment.com/

John Paulson is the founder and chairman of hedge fund Paulson & Co. Inc. and the chairman of Paulson Investment Co. Inc. The eldest son of Paulson Investment Co. Inc.'s original founder and chairman, Chester Paulson, he has made billions betting against the subprime market ahead of the housing crisis.[1]

As of June 2011, Paulson & Co.'s top investments include Citigroup Inc. and Bank of America Corp. On June 21, 2011, Paulson announced the end of the hedge fund's investments in Sino-Forest Corp. due to a 90 percent loss since March 2011- the equivalent of more than $500 million (U.S.).[2][3]

Background

Paulson has been involved with with father's investment company since 1974.

In November 2009, Paulson gave $20 million to NYU Stern. The intention was that Paulson’s gift would endow two faculty chairs – the Alan Greenspan Chair in Economics and the John A. Paulson Professor of Finance and Alternative investments – as well as provide significant support for the school’s Concourse project, a major facilities renovation currently underway, and scholarship aid for undergraduate students.[4]

In August 2010, he was named chairman of the investment company.[5] Paulson has operated Paulson & Co. since 2007.

Education

Paulson holds Series 7, 24, 55 and 63 FINRA Licenses.

References

  1. Hedge Fund Manager Paulson Earns $3.7 Billion. Reuters.
  2. Paulson hurt by Sino-Forest investment. The Globe and Mail.
  3. Paulson Sells Its Sino-Forest Stake Amid Claims Timber Holdings Overstated. Bloomberg.
  4. Press Release. Earth Times.
  5. Management Profiles. Paulson Capital.