Paul Singer
Paul Elliott Singer is an American billionaire hedge fund manager, activist, investor, vulture capitalist, and philanthropist, with a net worth of $3.5 billion according to Forbes. His hedge fund, Elliott Management Corporation, specializes in distressed debt acquisitions.
- Hedge fund magnate Paul Singer is known for his high-profile, and often combative, dealmaking.
- He founded his hedge fund firm, Elliott Management, in 1977 with $1.3 million. The firm now has some $35 billion in assets under management.
- He famously spent 15 years warring with the government of Argentina over bond payments, which resulted in a $2.4 billion payout to his firm in 2016.
- In July 2018 Elliott took over beleaguered soccer club AC Milan.
- Singer is a frequent contributor to Jewish and pro-Israel causes, including BBYO and Hillel.
- Singer and Elliott Management donated $448 million to his foundation in 2017.