Thursday, April 24, 2014

John Paulson raises stakes in Puerto Rico

John Paulson, the famous founder of Paulson & Co., is looking to expand his investment in Puerto Rico to $1 billion by the end of 2015. Paulson with an estimated worth of $11 billion already invested $260 million earlier this year to create two luxury resorts San Juan’s Condado district. This investment comes on the heels of his investment in the St. Regis Bahia Beach Resort and the Bahia Beach Resort & Gold Club last year.

via http://www.valuewalk.com/2014/04/john-paulson-others-flocking-puerto-rico/

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