John Paulson Fast Facts

Here's a look at the life of John Paulson, hedge fund manager and founder of Paulson & Co.

Birth date:
December 14, 1955

Birth place: Queens, New York

Birth name: John Alfred Paulson

Father: Alfred Paulson

Mother: Jacqueline (Boklan) Paulson

Marriage: Jenny (Zaharia) Paulson (2000-present)

Children: Two daughters

Education: New York University, B.S., Finance, 1978; Harvard Business School, M.B.A., 1980

Other Facts:
Hedge fund manager and self-made billionaire.

Founder, president and portfolio manager, Paulson & Company, Inc.

Became a billionaire in 2007 by shorting subprime mortgage securities after the housing crash.

- Consultant, Boston Consulting Group, a management consulting firm.

1982-1984 - Associate with Odyssey Partners.

1984-1988 - Managing director of mergers and acquisitions, Bear Stearns Companies, Inc.

1988-1994 - General partner with arbitrage firm Gruss Partners.

July 1994 - Paulson & Company, Inc. is established.

2009 - Paulson's ability to foresee financial crisis and profit from the 2007 housing market crash is explained in Greg Zuckerman's book, "The Greatest Trade Ever Made."

2009-2011 - Paulson's charitable donations include $15 million to the Center for Responsible Lending, $20 Million to New York University's Stern School of Business and $15 million to build a maternity hospital in Guayaquil, Ecuador, his father's homeland.

2010 - Paulson's $4.9 billion take home salary sets a record for hedge fund industry earnings.

2011 - His fortune declines by $3 billion in 2011 after making bad trades. Paulson invests personal wealth in gold and earns $3.1 billion from 2010-2011.

October 23, 2012 - Donates $100 million to the Central Park Conservancy.

March 2014 - Forbes names Paulson, with a net worth of $13.5 billion, number 78 on its annual World's Billionaires list. Ties with Rupert Murdoch.