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Billionaire Paulson Ends Bitter Divorce Battle
7 May
Summary
- Divorce battle between John and Jenny Paulson concluded on May 4, 2026.
- Jenny Paulson received a $30 million mansion and dismissal of a $1 billion lawsuit.
- Jenny accused John of hiding assets, which he denied, citing trusts for their children.
After nearly five years of legal disputes, billionaire John Paulson and his former wife, Jenny Paulson, reached a settlement on May 4, 2026, concluding their contentious divorce. The agreement resolves a significant legal battle over their vast fortune, which began when John filed for divorce in September 2021. A key part of the settlement involves John transferring a USD 30 million mansion located on the Upper East Side to Jenny.
Furthermore, the resolution includes the dismissal of a USD 1 billion lawsuit Jenny initiated in 2022. In that suit, she alleged that John had concealed assets through a "secretive web of trusts." John Paulson denied these accusations, asserting that the trusts were established decades ago to safeguard their children's interests.
Earlier in the proceedings, Jenny had reportedly deemed a settlement offer of hundreds of millions in cash as "humiliating," seeking a more equitable distribution of their wealth. Their legal representatives engaged in sharp exchanges, with Jenny's attorney criticizing John's offer as an "allowance" while John's attorney countered, highlighting the substantial tax-free distributions involved.
