A hedge fund manager who shorted the housing market and made billions, John Paulson is the founder and president of Paulson & Co. This investment management company was set up in New York in 1994. Referred to variously as “one of the most prominent names in high finance” and “a man who made one of the biggest fortunes in Wall Street history,” Paulson met with good financial success in 2013. He bet $1 million on Allergen, the company that makes Botox.
Valeant Pharmaceutical has proposed to buy Allergen, and this has been met with hearty approval by Paulson. Paulson is also interested in Puerto Rico, which in his terms, is “the Singapore of the Caribbean.” Paulson was born on December 14, 1955 in Queens and currently resides in Manhattan.
Paulson Family Profile
Read on to discover the details of the famous family of John Paulson.
John Paulson Parents – Jacqueline Boklan and Alfredo Guillermo Paulson
Jacqueline Boklan (Mother)
Born on – 1926
Jacqueline was born of Jewish parents who had immigrated from Lithuania and Romania to New York City. While studying at UCLA, she met Alfredo, who was also studying at the same place. After getting married, she moved with him to New York City where Alfredo had taken up a job at Arthur Andersen. Later, Alfredo began to work at a public relations company called Ruder Finn as the CFO.
Alfredo Guillermo Paulson (Father)
Born – November 22, 1924
Alfredo was born in Ecuador. His father was a French-Norwegian mix and his mother was Ecuadorian. Unfortunately, he became an orphan at the young age of fifteen. When he turned 16, he moved with his younger brother Alberto to Los Angeles. He served in the U.S. Army and suffered injuries during World War II in Italy. Later, he changed his surname from “Paulsen” to “Paulson.”
John Paulson Siblings
Paulson has an older sister.
Name – Theodora Bar-El
Born on – September 29, 1947
Married to – Unknown
Theodora is a distinguished biologist in Israel. She was born in the United States and moved to Israel in 1968. Currently, she works at Hebrew University of Jerusalem for The Alexander Silberman Institute of Life Sciences.
John Paulson Spouse – Jenny (Zaharia) Paulson
Born on – Unknown
Paulson married Jenny in 2000; she is of Romanian descent. She arrived in America after her brother George (a track star in Romania) moved to Queens after defecting. Before marriage, she worked for Paulson as his assistant.
Children of John Paulson and Jenny Paulson
Jenny and John Paulson have two daughters
John Paulson Family Net Worth
As of October 2014, John Paulson is worth US$13.7 billion. According to Business Insider, in 2011, Paulson earned $4.9 billion.