Forbes

JOHN PAULSON

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PHILANTHRO­PY SCORE:

The arbitrageu­r famed for his “big short” of the U.S. subprime market before the 2008 financial crisis was once the 17th-richest American. But he has stumbled in recent years on ill-fated bets such as one on the consolidat­ion of the healthcare industry. His hedge fund firm Paulson & Co. lost most of its outside investors and now largely manages his personal fortune plus nearly $2 billion in his foundation. He recently moved his downsized firm into the Manhattan offices of piano maker Steinway & Sons, which he owns.

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