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John Paulson

Meet John Paulson, a super-smart money wizard who made billions by predicting big financial changes!

Images

9 East 86th Street NYC John Paulson's 28,000 square foot Townhouse

9 East 86th Street NYC John Paulson's 28,000 square foot Townhouse

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Sarah Paulson - DSC_0569
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John Paulson
Cynthia Dwork lectures at Harvard Kennedy School
Cooks working in North Coast Limited galley, Seattle, September 29, 1947
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John Paulson
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Key Facts

Born
December 14, 1955.
Known For
Being a billionaire hedge fund manager and making a huge profit by betting against the U.S. subprime mortgage market.
Company Founded
Paulson & Co. in 1994.
Big Earnings Year
Earned almost $4 billion in 2007 and $4.9 billion in 2010.

Who is John Paulson?

Imagine a super-smart person who is really good at understanding how money works. That's John Paulson! He's a grown-up who started his own company to help people manage their money.

He's become famous because he's incredibly good at making smart choices with money, almost like a detective solving a financial mystery. He was born a long time ago, on December 14, 1955, and he's still working today, making important decisions about money.

The Big Money Bet!

One of the most amazing things John Paulson did was in 2007. He noticed something was a little wobbly in the way people were borrowing and lending money in the United States. He made a super clever bet that this system might have problems.

When his prediction came true, he earned almost $4 billion! That's like finding a whole playground full of money! This made him a legend in the world of finance.

Making Billions!

John Paulson is a billionaire, which means he has more money than you can easily count! In 2010, he made an incredible $4.9 billion in just one year. To give you an idea, that's more money than all the teachers in your school make in many, many years!

He's so good at his job that people call him one of the most important names in high finance. He founded his own company, Paulson & Co., which is based in a big city called New York.

What Does He Do?

John Paulson is a hedge fund manager. That sounds complicated, but it means he's like a captain of a ship, guiding a lot of money safely and trying to make it grow. He uses his brain to figure out the best places to put money so it can earn more money.

He's like a financial wizard who can see the future of money and make smart moves. His company, Paulson & Co., is a place where he does all this important money work.

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