Birthdate: April 22, 1922
Birthplace: Clinton, IA
Residence: Rancho Santa Fe, CA
Farm Size & Location: Brookside Farms in Kentucky, 2000 acres; 800 acres in Florida, and 350 acres in California.
Family: wife Madeleine (married in 1988), step-daughter, Dominique.
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As a youngster, Paulson developed an interest in aviation that ultimately turned into a business empire. Paulson started his avaiation career in 1941, working as a mechanic for TWA. In 1951, Paulson created the first of a series of successful aviation companies devoted to modification and maintenance and, eventually, to design and production. He created the Gulfstream Aerospace Corp., in 1978. Paulson was awarded the Eclipse Award in 1995-96 as outstanding owner. In 1995, his horses earned a North American best $7,232,967. In 1996, his stable was second in earnings with nearly $6.8 million. His Cigar, who captured Horse of the Year honors in 1995- 96, equaled Citation's 46-year-old North American record with 16 consecutive victories with his win in the Arlington Citation Challenge. He has owned five other North American champions, either solely or in partnership: Estrapade, Theatrical, Blushing John, Arazi and Eliza. He has been represented by at least one starter in each of the past 13 Breeders' Cups. In 1993, he earned an Eclipse Award as outstanding breeder.
Won Eclipse Award as Outstanding Owner in 1995.
Won Eclipse Award as Outstanding Breeder in 1994.
Runners won two Breeders' Cup races in 1991.
Fourth leading owner in money won nationally in 1987 ($3,520,613).
Led in races and money won during 1986-87 Santa Anita meeting (16 winners, $751,025).
Third leading owner in money won in 1986 ($3,279,165) and in stakes purses earned ($2,380,993), while finishing sixth in stakes won with 14.
Paulson is Chairman of the Gulfstream Aerospace Corporation, an aircraft manufacturer.
Hehas a list as long as your arm of achievements, honorary doctorates, and other awards earned for his piloting, business acumen, distinguished service, philanthropy, fund raising, and business management efforts.
Notably, he holds five U.S. patents for aeronautical designs.
In 1987 he was voted Pilot of the Year by Professional Pilot Magazine; the same year he piloted a Gulfstream IV plane to 24 around-the-world speed records westbound, a first in aviation history.
Paulson bought his first Thoroughbreds about 20 years ago because of their beauty and because he "liked being around them." He then involved himself more seriously in the racing business in 1982.