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John Paulson's fall from hedge fund stardom

After making nearly US$15b betting on the collapse of the US housing market nearly a decade ago, he is now seeing double-digit losses in several of his larger funds

Mr Paulson's struggles come after a gut-wrenching 2016, when he recorded huge losses, partly due to wagers on drugmakers.

New York

JOHN Paulson is one of the best-known names in the hedge fund industry. But these days, he is having more success in the political realm than he is managing his business.

Mr Paulson, 61, was one of the first people on Wall Street to back Donald Trump's bid for the US...

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