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Paul Elliott Singer stands as one of the most influential figures in global finance. The Jewish billionaire hedge fund manager has amassed a fortune estimated at $6.2 billion to $6.7 billion by purchasing distressed sovereign debt and corporate bonds at deep discounts, then pursuing ruthless legal campaigns to extract full repayment plus interest.

Born August 22, 1944, in Teaneck, New Jersey, Singer transformed a $1.3 million startup in 1977 into Elliott Management, a hedge fund empire managing approximately $65.5 billion to $72 billion in assets.

Yet Singer does more than just make financial moves. He has emerged as a kingmaker in Republican politics, becoming the second-largest GOP donor in 2016, and a major force behind AIPAC, immigration reform, and LGBT rights advocacy. His business model has devastated entire communities from Sidney, Nebraska, to Buenos Aires, Argentina. His political activism spans seemingly contradictory causes, supporting both hawkish pro-Israel policies and same-sex marriage rights. His most recent venture, the $5.9 billion purchase of Venezuela’s Citgo assets, positions him to reap billions from the Trump administration’s military intervention in Venezuela.

Singer’s business model has earned him the moniker vulture capitalist. In the 1990s, Singer began leaving his mark after purchasing $20 million in Peruvian sovereign debt. Through aggressive litigation, he eventually secured a payout of $58 million, nearly triple his investment. A U.S. court revealed that Elliott’s purchase of Peruvian debt was made with the explicit intention of pursuing full repayment through lawsuits. Investigative journalist Greg Palast reported that Singer’s lawyer allegedly told him Singer allowed Peru’s President Alberto Fujimori, who fled the country ahead of murder charges, to escape in return for ordering Peru’s treasury to pay Singer $58 million.

Between 2002 and 2003, Singer earned over $100 million from a $30 million investment in Congo-Brazzaville debt. But his most audacious campaign targeted Argentina. After Argentina’s 2001 economic crisis, Singer purchased distressed bonds for approximately $117 million. He refused to participate in debt restructuring agreements that other creditors accepted, instead pursuing full repayment through international courts. The campaign culminated in a 2016 settlement that netted Elliott Management $2.4 billion, a staggering 1,270 percent return.

Singer’s tactics proved extraordinary even by hedge fund standards. In 2012, Elliott successfully convinced a Ghanaian court to detain the Argentine naval training vessel ARA Libertad with 220 crew members aboard, demanding $20 million for its release. Then-Argentine President Cristina Fernández de Kirchner refused to pay Singer’s fund, calling Elliott and similar firms “financial terrorists” and vulture funds. The Obama administration and Secretary of State Hillary Clinton demanded courts dismiss Singer’s attempt to bankrupt Argentina, but Singer’s legal campaign ultimately prevailed.

Singer has emerged as one of the most significant donors to pro-Israel causes in the United States. Through The Paul E. Singer Foundation, he has donated approximately $300 million since 2010. Singer donated $2 million to AIPAC and contributed $3 million to AIPAC’s super PAC, United Democracy Project, since 2022, making him tied for AIPAC’s third-largest donor. He serves on the board of directors of the Republican Jewish Coalition and co-founded Start-Up Nation Central, an organization dedicated to connecting Israeli innovation with global markets.

Singer has also been a major funder of the Foundation for Defense of Democracies, a neoconservative think tank advocating hawkish policies aligned with Israeli interests. From 2008 to 2011, Singer contributed $3.6 million to FDD, making him the organization’s second-largest donor. The organization has been described by former Secretary of State Colin Powell’s chief of staff Lawrence Wilkerson as a fervent advocate for war against Iran. At the Jewish Funders Network in Jerusalem, Singer stated that “Israel may be the only insurance policy all Jews, everywhere, can rely upon for the safety and continuity of Judaism.”

Like many Jewish plutocrats, Singer became a significant supporter of LGBT causes after his son Andrew came out as a homosexual. In 2012, Singer provided $1 million to start American Unity PAC, whose sole mission was to encourage Republican candidates to support same-sex marriage. From 2012 to 2015, he contributed over $5.5 million to this organization. In 2013, Singer donated $500,000 to the Human Rights Campaign. Since 2001, Singer has donated more than $11 million toward legalizing homosexual marriage and supporting LGBT causes.

Singer’s crusade to redefine marriage within Republican ranks was just one facet of his broader agenda; he soon pivoted to advocating mass immigration to transform America’s demographics. In 2013, Singer made a six-figure donation to the National Immigration Forum to support comprehensive immigration reform, better known as amnesty. As one of the first high-profile Republican megadonors to publicly back amnesty, Singer worked to marshal conservative support for an overhaul of federal laws. In 2014, Singer formed the American Opportunity Alliance, bringing together wealthy Republican donors who shared his support for LGBTQ rights, immigration reform, and Israel.

Singer’s domestic business dealings generated controversies as devastating as his international operations. In 2015, Elliott Management acquired an 11 percent stake in outdoor retailer Cabela’s and forced a merger with Bass Pro Shops that devastated Sidney, Nebraska, where Cabela’s was headquartered. The town experienced massive job losses, a significant housing value collapse, and economic depression. According to court filings, Elliott pressured Cabela’s board to sell the company until the board relented. The merger resulted in Elliott making nearly $100 million profit. Residents told Fox News producers that the hedge fund destroyed their town, with one saying, “If money is that big of a God to him, he is a pretty sick human being.”

In December 2019, Fox News host Tucker Carlson devoted a major investigative segment to Paul Singer, focusing on the Cabela’s case. Carlson described Singer’s business model as “vulture capitalism” that involves “buying large stakes in American companies, firing workers, driving up short-term share prices, and in some cases, taking government bailouts.” He stated, “It bears no resemblance whatsoever to the capitalism we were promised in school. It creates nothing. It destroys entire cities. It couldn’t be uglier or more destructive.”

Carlson emphasized Singer’s political power, noting that “people like Paul Singer have tremendous influence over our political process.” He revealed that Singer was “the second largest donor to the Republican Party in 2016 and has given millions to a super PAC that supports Republican senators. Carlson noted, “You may never have heard of Paul Singer, which tells you a lot in itself, but in Washington he is rock star famous.”

As Carlson was producing the segment, he reported being warned repeatedly by people around Washington, “Don’t criticize Paul Singer, that’s not a good idea.” During the broadcast, Carlson received a text from a very well-known person in Washington saying, “Holy smokes, I can’t believe you’re doing this. I’m afraid of Paul Singer.”

One of Singer’s most recent controversial business deals involves Venezuela’s Citgo Petroleum. In November 2025, Elliott Investment Management won a court-mandated auction to purchase Citgo for $5.9 billion. Citgo represents the crown jewel of Venezuela’s international oil assets, owning three major Gulf Coast refineries with capacity to process 800,000 barrels per day, 43 oil terminals, and over 4,000 gas stations.

Singer acquired Citgo at what multiple sources describe as a major discount. Court advisors estimated Citgo’s actual value at approximately $13 billion, while Venezuelan officials valued the assets at $18 billion to $20 billion. This means Singer paid roughly 45 percent of the estimated market value.

A highly controversial aspect of the sale involves Robert Pincus, the court-appointed special master who oversaw the auction and recommended Singer’s bid. Pincus sits on the national board of directors of AIPAC. Gold Reserve Inc., a competing bidder that offered $7.9 billion, filed motions to disqualify Pincus for conflicts of interest. Venezuela rejected the sale’s legitimacy, calling it a “fraudulent process” and the “theft of the century.”

The timing of events raised serious questions about the relationship between Singer’s Citgo purchase and Trump administration actions. In 2024, Singer donated $5 million to Trump’s super PAC and contributed $37 million to support Republican congressional candidates. On January 3, 2026, U.S. armed forces conducted a military raid in Caracas, capturing Venezuelan President Nicolás Maduro.

The removal of Maduro positions Singer to reap enormous profits. Economist Paul Krugman noted, “If Trump lifts that embargo, Singer will receive a huge windfall.” Within days of Maduro’s capture, Trump announced that Venezuela would be turning over between 30 and 50 million barrels of oil to the United States.

Rep. Thomas Massie (R-KY), who is a staunch opponent of the intervention in Venezuela, also caught on to how Singer stands to benefit from military action against Venezuela. He tweeted on January 4, 2026, “According to Grok, Paul Singer, globalist Republican mega-donor who’s already spent $1,000,000 to defeat me in the next election, stands to make billions of dollars on his distressed CITGO investment, now that this administration has taken over Venezuela.”

Thomas Massie@RepThomasMassie

According to Grok, Paul Singer, globalist Republican mega-donor who’s already spent $1,000,000 to defeat me in the next election, stands to make billions of dollars on his distressed CITGO investment, now that this administration has taken over Venezuela.

grok.com

Singer's CITGO Bid and U.S. Intervention | Shared Grok Conversation

2:20 AM · Jan 5, 2026 · 742K Views

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As Massie noted, Singer has ponied up $1 million to MAGA KY, a super PAC seeking to unseat the Kentucky congressman. Singer and his fellow Zionist Jews view Massie as an obstacle to further consolidating Jewish supremacy in the halls of Congress.

All told, Singer is the embodiment of Jewish plutocracy. He bankrolls the West’s demise through his advocacy of LGBT degeneracy, mass migration, never-ending wars on behalf of world Jewry, and vulture finance. Americans must awaken to these existential threats, revoke their elite privileges, and halt the Great Replacement before it consigns our polities to historical oblivion.

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