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Legendary real estate short seller John Paulson is waging his toughest property war yet.
The billionaire investor is locked in a divorce battle with his estranged wife, Jenny Paulson, over their massive portfolio of luxury properties — and the most contentious fight concerns their $110 million estate in Palm Beach, Page Six has exclusively learned.
The posh mansion on prestigious South Ocean Boulevard is the crown jewel of their massive real estate holdings, and both John and Jenny want to get hold of it so that they can winter there among their circle of super-wealthy NYC snowbird friends.
The manse, purchased just earlier this year, boasts nine bedrooms and 10 and a half bathrooms and is spread over nearly 30,000 square feet.
It is positioned on the Intracoastal Waterway with the ocean right across the street.
However, it’s just one piece of the divorce puzzle for John, who is worth $4 billion, much of which he infamously made by short-selling the US housing market before the 2008 crash. His split from Jenny is likely to become among the priciest ever in New York, as the estranged couple do not have a prenup.
The divorce took Jenny by surprise, with sources telling us that she found out he had filed in Suffolk County Court by reading about it on Page Six.
John then withdrew the filing, allowing lawyers for him and his estranged wife to go into private negotiations out of court. The negotiations continue this week over their sizable assets.
In addition to the Palm Beach home, the couple also have to decide the future of their $50 million-plus Hamptons estate, their $50 million Upper East Side townhouse and John’s extensive holdings in Puerto Rico, which include multiple hotels and other properties.
The Paulsons also have a hefty art collection featuring a Van Gogh painting estimated to be worth around $45 million, a Monet piece worth about $30 million and other artworks by Cézanne, Degas and Turner.
And that’s before you even get to Jenny’s jewelry, estimated to be worth well over $20 million.
Meanwhile, as their lawyers duke it out, 65-year-old John has moved on with a new girlfriend, 33-year-old diet guru Alina de Almeida.
Page Six exclusively revealed in September, days after he filed for divorce, that John is dating the much younger influencer.
He has been busy introducing friends to de Almeida, who is telling them all about her diet health venture. The couple were most recently spotted at members-only club Casa Cipriani this past week, having dinner with restaurateur Nello Balan.
“Alina was animated and discussing her new venture, Effective Lifestyle,” said an onlooker.
She has a website that offers online health coaching for $500 with benefits including “unlimited email support.”
A spokesperson for John declined to comment when reached by Page Six. Attorneys for Jenny didn’t get back to us.
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