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Top Hedge Fund John Paulson Who Earned $4 Billion on Credit Default Swaps in 2010, Sued by Wife for $1 Billion in Divorce for Hiding Billions through Trusts
15th July 2022 | Hong Kong
Top hedge fund manager John Paulson who had earned more than $4 billion by using credit default swaps to bet against the United States subprime mortgage lending market (2007 to 2010), is being sued by his wife for more than $1 billion in their divorce proceeding for hiding billions of dollars through trusts structure. In the filing (New York) by John Paulson’s wife Jenica Paulson, John Paulson had created 3 trusts (2001, 2006 and 2009) to isolate her from claims of their assets, despite being married for 22 years. In 2020, John Paulson converted his hedge fund Paulson & Co into a family office. (Paulson v Paulson et al, New York State Supreme Court, New York County)
” Top Hedge Fund John Paulson Who Earned $4 Billion on Credit Default Swaps in 2010, Sued by Wife for $1 Billion in Divorce for Hiding Billions through Trusts “
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