John Paulson Research Paper

Decent Essays
A famous person that studied in my field is a billionaire named John Paulson. John is mentioned a lot in the business industry because of his success. They call him “A man who made one of the biggest fortune in Wall street history”. John Paulson is a legendary American fund manager. A hedge fund manager is a financial analysis who is responsible for making decisions about investments. Although, none of his success couldn’t be accomplished without the motivation given by his uncle in Ecuador. John Paulson was a hard working man with a vision. He made his first business venture selling cloths that successfully marketed in Bloomingdales. Paulson felt like that wasn’t enough, so he made a decision to go back to school and learn more on business. Paulson has a great knowledge in trading, business, and finance. …show more content…
Paulson & Co. was build with two million dollars and only one employee. With time he grossed up to three hundred million in assets. John Paulson made the greatest trade ever after betting on the collapse of mortgage backed up securities in 2007. In 2010 it was confirmed that he set a record by making fifteen billion dollars in a single year. Now john has been investing in gold and the soon to be merge of T-mobile and Sprint. Before John Paulson became the man he is today he studied the University of Business and Public Administration in New York. He graduated with a major in Finance in 1978. Years later John wanted to expand more in his studies of business and finance, so he attended Hardvard business school. He was recognized for his ability to boil down complex ideas in simple terms. John Paulson graduated and was the top five percent of his class in 1980.John Paulson was called “one of the most prominent name in high finance”. On September 18, 2015 Forbes tracked John Paulson making a little more than 11.4 billion

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