Paul Elliott Singer (born August 22, 1944) is an American hedge fund manager, activist investor, and the founder, president, and co-CEO of Elliott Management.[1][2][3] As of September 2025, Forbes estimated his net worth at US$6.7 billion.[4] Fortune described Singer as one of the "smartest and toughest money managers" in the hedge fund industry.[5] A number of sources have branded him a vulture capitalist, largely on account of his role at Elliott Management, which is a vulture fund.[6][7][8][9] The Independent has described him as "a pioneer in the business of buying up sovereign bonds on the cheap, and then going after countries for unpaid debts".[10]
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Singer was born in 1944 and grew up in Teaneck, New Jersey, in a
Jewish family,[15][16][17]
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As well as contributing to private initiatives,
Singer also actively seeks to persuade other Republicans to support gay marriage.[12][113]
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In 2011, this advocacy included supporting legislation allowing same-sex marriage in the state of New York.[118] In 2012, Singer provided $1 million to start a Political Action Committee named American Unity PAC. According to the New York Times, the PAC's "sole mission will be to encourage Republican candidates to support same-sex marriage, in part by helping them to feel financially shielded from any blowback from well-funded groups that oppose it".[119] In 2014 Singer urged Republicans to pass the Employment Non-Discrimination Act. This bill requires workplace protections to extend to the LGBT community.[120] As of June 2014 Singer had donated an estimated $10 million to the gay rights movement.[12] Singer also funded the American Unity Fund.[121]
en.wikipedia.org
Meet Paul Singer, the Billionaire Trump Megadonor Set to Make a Killing on Venezuela Oil
“Paul Singer’s shady purchase of Citgo has everything to do with this coup.”
Stephen Prager
Jan 05, 2026
One of President Donald Trump’s top billionaire donors, who has spent the past several months backing a push for regime change in Venezuela, is about to cash in after the president’s kidnapping of the nation’s president, Nicolas Maduro, this weekend.
While he declined to tell members of Congress, Trump has said he tipped off oil executives before the illegal attack. At a press conference following the attack, he said the US would have “our very large United States oil companies” go into Venezuela, which he said the US will “run” indefinitely, and “start making money” for the United States.
As Judd Legum reported on Monday for Popular Information, among the biggest beneficiaries will be the billionaire investor Paul Singer:
In 2024, Singer, an 81-year-old with a net worth of $6.7 billion, donated $5 million to Make America Great Again Inc., Trump’s Super PAC. Singer donated tens of millions more in the 2024 cycle to support Trump’s allies, including $37 million to support the election of Republicans to Congress. He also donated an undisclosed amount to fund Trump’s second transition.
Singer is also a major pro-Israel donor, with his foundation having donated more than $3.3 million to groups like the Birthright Israel Foundation, the Israel America Academic Exchange, Boundless Israel, and others in 2021, according to tax filings.
In November 2025, less than two months before Trump’s operation to take over Venezuela, Singer’s investment firm, Elliott Investment Management, inked a highly fortuitous deal.
Trump megadonor Paul Singer bought Citgo, the US subsidiary of Venezuela's state oil company, at a rock-bottom price last month. Now, the hedge fund "vulture" is expected to make a killing from Trump's regime change war.
www.commondreams.org
This hedge-fund billionaire bet on a Venezuela-linked oil refiner at just the right time
An affiliate of Paul Singer’s Elliott Management won an auction for Citgo late last year
By Claudia Assis
Published: Jan. 5, 2026 at 2:04 p.m. ET
Just a few weeks ago, a U.S. hedge-fund manager known for playing the long game in Latin America won a protracted battle for one of Venezuela’s crown jewels. That bet now looks shrewd in light of the American military operation that captured Venezuela’s president, Nicolás Maduro, over the weekend.
Amber Energy, an affiliate of Paul Singer’s Elliott Management hedge-fund firm, emerged victorious in late November in an auction for U.S. oil refiner Citgo Petroleum Corp. The refiner is a subsidiary of Venezuela’s state-owned company PDVSA.
US drops drug cartel claims against Maduro after invasion, kidnap
Tuesday, 06 January 2026 10:43 AM [ Last Update: Tuesday, 06 January 2026 10:57 AM ]
A supporter of Venezuela's President Nicolas Maduro carries his portrait during a rally outside the National Assembly in Caracas on January 5, 2026. (Photo by AFP)
The US Justice Department has quietly scaled back its indictment of Venezuelan President Nicolás Maduro, retreating from a central Trump-era claim that he led a drug cartel.
The original accusation, included in a 2020 grand jury indictment, portrayed the Cartel de los Soles as an organized criminal group allegedly led by Maduro and engaged in large-scale cocaine trafficking.
The claim became a central pillar of Washington’s pressure campaign against Caracas and was repeatedly cited to justify escalating sanctions and military operations.
In July 2025, the US Treasury Department designated the so-called cartel as a terrorist organization, a move later backed by Secretary of State Marco Rubio and former National Security Adviser Robert C. O’Brien.
Yet specialists in Latin American crime and narcotics have long noted that the “Cartel de los Soles” is not a verifiable organization but a slang term coined by Venezuelan media in the 1990s to describe corruption among individual military officials — not a structured cartel.
That distinction is now reflected in the revised indictment, released after Maduro was kidnapped by US forces. While it still accuses him of participating in a drug-trafficking conspiracy, it drops the claim that the Cartel de los Soles exists as an actual cartel, redefining it instead as a “patronage system” and a “culture of corruption” allegedly fueled by drug profits.
The US Justice Department backs away from a controversial claim promoted last year by the Trump administration that Nicolas Maduro led a drug cartel known as the Cartel de los Soles.
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( lol )
www.bbc.co.uk
