Paulsons Settle Divorce and Fraud Case Alleging He Hid Billions

Billionaire John Paulson and his estranged wife Jenica agreed to end litigation over their contentious divorce, including a lawsuit she filed accusing him of hiding billions of dollars in assets from her.

The Paulsons on Tuesday filed a notice in state court in Manhattan indicating they had agreed to dismiss Jenica’s 2022 fraud suit. Court records also show the couple agreed to resolve the divorce case he filed in Suffolk County.

Terms of their settlement were not disclosed. Jenica had accused her hedge fund mogul husband of secretly setting up a trio of irrevocable trusts, ostensibly to benefit their two ...