Billionaire hedge fund John Paulson and his ex-wife, Jenny Paulson, have settled their divorce, Web page Six has solely realized.
The settlement is sealed, however court docket paperwork point out the settlement was filed on Could 4.
“Jenny Paulson and John Paulson have made the choice to amicably resolve their divorce and belief disputes,” Jenny’s legal professional, Robert S. Cohen, and John’s legal professional, Marilyn Chinitz, mentioned in a joint assertion Wednesday. “They think about this settlement a non-public matter and neither the events nor the households nor associates of the events can have additional remark.”
The settlement marks the top of a bitter, years-long authorized battle between the exes.
In July 2022, Jenny accused the billionaire of establishing a “secret community of trusts” to cover cash from her, in line with court docket paperwork. Paulson’s camp has denied the accusation, saying in court docket that the trusts had been created collectively many years in the past to guard their kids.
We reported in 2024 that John supplied Jenny a whole bunch of tens of millions in money throughout their divorce after 21 years of marriage – however that Jenny known as the provide “demeaning and demeaning”.
“In my coronary heart and thoughts, I really feel like I deserve a 50/50 break up,” she wrote in an e-mail, we reported. Or: “60/40 is sweet as a result of there have been different comparable divorce settlements.” » She additionally known as her ex’s affords “disrespectful, shameful and humiliating,” we reported.
Her camp countered that her provide would make Jenny “one of many richest ladies in America” whereas holding vital trusts in place for his or her daughters.
The divorce additionally sparked a confrontation between the exes’ attorneys, with Cohen as soon as joking about John, “The person is price billions of {dollars}…and Mr. Paulson solely supplied Mrs. Paulson a month-to-month ‘allowance,'” including on the time, “It is known as chutzpah — or in English, hypocrisy!” Clean Rome’s Chinitz fired again in a remark on the time: “In what universe is a whole bunch of tens of millions of {dollars} in money, plus eight-figure annual distributions for the remainder of one’s life – all tax-free – thought-about an ‘allowance’?”
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However it seems that peace has prevailed and neither aspect has commented on the ultimate settlement exterior of their joint assertion.
A supply instructed us in regards to the settlement: “Talks started in earnest earlier this yr,” including {that a} choose overseeing the case inspired the events to have interaction in settlement negotiations. “It’s truthful for everybody.”
The ex-spouses had been additionally at battle over properties within the Hamptons and Aspen, Colorado, and so they did not have a prenup, we reported.
John wager billions of {dollars} towards the housing market earlier than the 2008 crash, and his worth is alleged to be round $4.7 billion.
Paulson, 70, acquired engaged to his girlfriend, Alina de Almeida, 38, in 2024, and the couple welcomed a daughter final yr, we reported.