He was the founder of Gulfstream Aerospace Corporation, which he sold to Chrysler in 1985 for $6.5 billion.
Allen Paulson was an Entrepreneur who had a net worth of $6 billion. He was born in April 22, 1922 and made his fortune by buying and re-selling used airplanes. He then used some of that money to finance racehorse breeding. He was the founder of Gulfstream Aerospace Corporation, which he sold to Chrysler in 1985 for $6.5 billion.
Allen Paulson is a member of Entrepreneur
Age, Biography and Wiki
💰 Net worth: $6 billion (2024)
Allen Paulson, the renowned entrepreneur from Iowa, is projected to possess an impressive net worth of around $6 billion by 2024. As an esteemed figure in the business world, Paulson has accumulated substantial wealth through his successful ventures and investments. Known for his strategic vision and shrewd business acumen, Paulson has earned a reputation as a dynamic and influential entrepreneur. With his knack for identifying lucrative opportunities and his relentless drive to achieve success, it comes as no surprise that he has amassed such a substantial fortune.
About
Made millions from buying and re-selling used airplanes and allotted some of that money to finance racehorse breeding.
Before Fame
He began his business by buying up surplus engines from B-29s and reselling their parts to airlines, eventually growing into one of the largest dealers of second-hand airliners.
Trivia
He operated horse-breeding operations in Kentucky and Florida, raising champions like Cigar and Arazi.
Family Life
He grew up in Clinton, Iowa, supporting himself beginning at age 13.
Associated With
He won the Howard Hughes Memorial Award for his contributions to aviation in 1988.
