The drama surrounding billionaire John Paulson and his ex-wife, Jenny Paulson’s divorce has become juicier than we thought. Jenny believes she deserves half of John’s massive $4.7 billion fortune and is ready to do whatever to get it.
John Paulson is a well-known hedge fund manager who made a fortune by betting against the housing market during the 2008 financial crisis. But it seems that even with all his success, his personal life isn’t all rainbows and butterflies. Enter Jenny Paulson, his ex-wife who is now claiming that she should be entitled to a substantial chunk of his wealth.
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Divorce settlements involving such astronomical sums can take years to resolve and often involve intense legal battles. It’s a classic case of he said, she said, only this time with billions of dollars on the line.
Jenny Paulson, former spouse of hedge fund manager John Paulson, insists she deserves half of her ex’s $4.7 billion fortune.
In an email obtained by Page Six, Paulson wrote that her former partner’s offer after 24 years of marriage was ‘too demeaning’ and slammed plans to award her daughters more than her.
‘In my heart and my spirit I feel I deserve a 50/50 split’ she wrote, ’60/40 is OK because there have been other similar divorce arrangements.’
Much of Paulson’s ire stems from the fact she would stand to gain much less than the couple’s two children through the arrangement.
‘The idea that I should receive less than the children is humiliating and demeaning because this is the message that it gives to the world and to my own daughters,’ she said. ‘You don’t give the person the dignity of being your partner.’
She claimed her ex was only offering five percent of the wealth accrued during their marriage.
However, he countered that his offer would still make her one of the richest women in America.
The investor made his money by betting against the housing market prior to the 2008 collapse.
Sources told Page Six his offer would provide Paulson with hundreds of millions of dollars up front, plus more over time.
They would then split their property and assets, including their vast property portfolio, which include estates in Aspen and the Hamptons.
The couple split in 2021 and began private divorce proceedings which collapsed, as the email from 2022 shows.
In the messages, Paulson referred to a ‘secretive web’ of trusts set up as a ‘gimmick’ used to ‘control’ her.
She fumed that the proposed deal would see her ex-husband, ‘stay in control of the trusts and the money. It’s demeaning, and I feel sick to my stomach with humiliation.’
Slamming the ‘disrespectful, shameful and humiliation’ offers, she vowed to take the matter to court.
‘A litigation might take years and be very expensive, but I’m doing this for my daughters, who look up to me, and one day they will be wives and mothers just like me,’ Paulson said.
While we may never know the full extent of Jenny Paulson’s contributions to John’s success, one thing is for sure – this divorce saga is bound to keep us all on the edge of our seats. Will Jenny walk away with a hefty sum, or will John manage to hold on to his billions? Only time will tell.
In the meantime, let’s all grab some popcorn and watch as this real-life drama unfolds. After all, who doesn’t love a good billionaire scandal?