US investor Paulson and JP Morgan sued for divorce, asset hiding and wife | Reuters

Hedge fund founder John Paulson (66, center photo) paid at least $ 1 billion on July 7 for his wife, who was filed for divorce last year, for trying to hide a large amount of assets in the divorce. I filed a lawsuit with Mr. Paulson. Taken at the US Open tennis venue in September 2015 (2022 Archyde.com / Mike Segar)

[New York, 7th Archyde.com]–The wife, who was filed for divorce last year by John Paulson, 66, the founder of a hedge fund known for her great success in investing in US subprime mortgages in 2007 and 2008, said on the 7th. He has filed a lawsuit against Paulson for paying at least $ 1 billion for trying to hide a large amount of assets in a divorce. He also filed a lawsuit against JP Morgan Chase as a manager of hidden assets.

The proceeding was filed by Jenika Paulson (51), who had been with him for 22 years. According to a complaint filed in a state court in Manhattan, New York on the same day, she secretly made three trusts in 2001, 2006 and 2009 to avoid a “fair division of property” to Jenika. Was making. She says her mansion on Fifth Avenue in Manhattan and a villa in Aspen, Colorado are also included in her trust management. According to the complaint, JP Morgan is the manager of two trusts.

Paulson has $ 4 billion in assets, according to Forbes magazine. His spokeswoman has not responded to requests for comment.

The couple have two daughters, 19 and 17 years old. According to her Jenika, her allegations of divorce were learned in a column in the New York Post.

Paulson converted his hedge fund into a family office in 20. By then, his assets under management were said to have fallen from a peak of $ 38 billion in 2011 to less than $ 11 billion.

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.