Billionaire John Paulson, 68, and fiancée Alina de Almeida, 36, expecting their first child together

John Paulson is currently involved in a contentious divorce with his ex-wife, Jenny.

John Paulson, the billionaire hedge fund manager, and his fiancée, Alina de Almeida, are expecting their first child together.

“[We are] very excited,” de Almeida tells us. “This is something we had been planning. It wasn’t much of a surprise. We have been together now for three years, and I have always wanted a family, and I know John will make a great father,” she added.

De Almeida also told Page Six, “We just hope the baby is healthy. Boy or girl, we welcome either.”

Paulson, 68, and de Almeida, 36, became engaged in April, as we exclusively reported.

The GOP mega donor is currently involved in a contentious divorce with his ex-wife, Jenny. However, he and de Almeida plan to marry once the divorce is finalized.

“John is just a wonderful partner,” de Almeida tells us. “He brings out the best in me. He pushed me to the next level with my career. He is very supportive, very patient and caring.”

De Almeida, a registered dietitian with a degree in Food & Nutrition Sciences, is the founder of the health counseling company Effective Lifestyle.

She says the pair also have a lot in common. “We enjoy the same things,” she tells us. “The same sports, the same movies. Literally everything. We are very happy.”

This will be de Almeida’s first child. Paulson already has two children from his previous marriage.

Paulson’s net worth is estimated to be at least $4.7 billion. The financier is famously known for earning $20 billion by betting against the housing market before the 2008 crash.