John Paulson - $4. 5 Billion
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
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.
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