Billionaire John Paulson and wife in epic divorce
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This could be the biggest short of all time.
Billionaire investor John Paulson is divorcing his wife of 21 years, Jenny — and the stage is set for one of the most expensive splits of all time as the couple do not have a prenup, sources have exclusively confirmed to Page Six.
The 65-year-old business guru — who made $20 billion shorting the housing market before the 2008 crash — cited "irreconcilable differences" as the reason for the breakup, according to paperwork filed Monday in Suffolk County.
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And they’ve both hired powerful New York divorce attorneys in a move that insiders in the legal world are billing as "the clash of the titans."
"There’s no prenup, and John gathered most of his fortune during their marriage, so this is going to be an epic, wildly expensive divorce," one source said.
Paulson, who married Jenny in 2000 after she worked as his assistant, was most recently reported to be worth $4.7 billion, but insiders say his true wealth could actually be many times that number.
The source added that the estranged couple, parents to two daughters, Giselle and Danielle, had grown apart and "been living different lives in the last 15 years."