There's a big sale on Puerto Rican homes
John Paulson: Why I put billions in Puerto Rico
Despite Puerto Rico's massive debt crisis, Paulson sees big profits ahead. He has plowed "quite a bit" -- an estimated $1.5 billion -- of his personal wealth into buying hotels, a resort and office buildings on the island.
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At the summit, Paulson clarified that most of these investments have been personal. They are not in the Paulson & Co. real estate funds.