John Paulson's wife sues him for $1 bln, says he is hiding money in divorce

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John Paulson's wife sues him for $1 bln, says he is hiding money in divorce
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The wife of hedge fund founder John Paulson has sued him for at least $1 billion, claiming he is trying to hide billions of dollars from her in their divorce.

In a complaint filed on Thursday with a New York state court in Manhattan, Jenica Paulson said her husband secretly created and funded three trusts to ensure she would be deprived of her fair share of assets from their 22-year marriage.

They have two daughters, ages 19 and 17. Jenica Paulson said she learned about the divorce filing in the New York Post's Page Six column. Jenica Paulson's claims against her husband include fraud, fraudulent conveyance and breach of fiduciary duty.

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