(Bloomberg) In the decade since hedge fund billionaire John Paulson took a grand gamble on Puerto Rico, he’s faced the wrath of the markets and mother nature.Most Read from BloombergWhere Does Israel Get Its 220,000 Barrels of Oil Every Day?Biden’s Influence Turns Israel's Ground War Plans Into ‘Something Different’Here’s What 8% Mortgage Rates Will Do to the Housing MarketRinggit Falls to 25-Year Low, the Worst Performer in Asia After Yen This YearIsrael Latest: Concern Over Wider Conflict B
REUTERS/Mike SegarBillionaire John Paulson, who is already locked in a bitter divorce fight with his estranged wife, has a new legal fight on his hands: He’s suing a former business partner for allegedly defrauding him out of almost $200 million.Paulson is a hedge fund manager famous for shorting the housing market in 2007. More recently, he’s been a fixture in the gossip pages for his ugly breakup with his wife and his romance with a much younger dietician.In a federal complaint, Paulson claims