The Filthy Rich Life Of Wall Street Billionaires by Kris Spencer - HTML preview

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John Paulson - $4. 5 Billion

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John’s effort to prepare the markets last month for the eventuality of a paring-back on stimulus. Gold went -23% in the second quarter, the biggest quarterly loss since the start of modern trading in the 1970s. Citing the contents of a July 3 letter to investors, Bloomberg said the gold fund’s assets have fallen to $300 million. But because he had invested his own money, he didn’t other shareholders haven’t lost their money.

 

 

 

 

 

Harold Simmons - $2.2 billions

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His Valhi holdings company dropped 30 percent in value over the last year, costing him more than $2 billion. He died this year in October.