John Paulson Bought This $49 Million Ranch From A Saudi Prince

John Paulson

Closely-followed hedge fund manager John Paulson just purchased one of the most expensive homes ever listed in the United States. 

The Hala Ranch, a 95-acre estate in Aspen, Colorado, was listed for $135 million, but snapped up by the billionaire hedge fund titan for $49 million, according CNBC’s Robert Frank

Hala (Arabic for “welcome”) was sold by Saudi Prince Bandar bin Sultan, a former ambassador to the U.S. who built the massive ski chalet in 1991.  

Paulson, who famously bet against the subprime housing market in 2007, had a disastrous year in 2011  with some of his funds falling 30 to 50%.  His Advantage Funds are said to be in the red again this year.

Anyway, here are some of the amazing amenities Paulson has to look forward to in Aspen. [via The Denver Post’s Al Lewis]. 

  • The house is larger than the White House with 56,000 square feet of living space.
  • It has 15 bedrooms and 27 bathrooms.
  • Prince Bandar’s master bedroom was hidden behind a secret door. 
  • Speaking of bathrooms, Hala Ranch has its own sewage treatment plant on site. 
  • The ranch is equipped with an enormous garage and it has its own mechanical shop, car wash and gas pumps.
  • There’s a commercial kitchen in the home that can prepare hundreds of meals a day. 
  • The massive estate has its own cross-country skiing trails and an equestrian cross-country course.
  • The landscape includes reflection pools, sculpture gardens and fishing ponds. 
  • Other sick features include heated horse stables, an indoor swimming pool, hot tub, a beauty parlor, exercise room, tennis court, racquetball court and steam room.  

Check out a VH1 video clip of Hala Ranch here. 

SEE ALSO: John Paulson’s Big Investment Ideas From Ira Sohn >

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