Henry Paulson Net Worth
Henry Paulson net worth: Henry Paulson is a retired American investment banker and political figure who has a net worth of $700 million. Henry "Hank" Paulson earned the vast majority of his net worth from his long career at Goldman Sachs, where he eventually rose to Chairman and CEO. He was born Henry Merritt Paulson, Jr. in Palm Beach, Florida, on March 28, 1946. He was raised in Barrington Hills, Illinois. In 2006, Hank left Goldman to become the 74th Secretary of the Treasury under President George W. Bush. Before becoming Treasury Secretary, Paulson was required to sell his entire stake in his former company Goldman Sachs. This was to ensure he had no conflicts of interests while in office. The upside was that by becoming Treasury Secretary, Paulson was allowed to sell his shares without paying any capital gains taxes. This rule allowed Henry to save an estimated $200-$250 million in taxes.