Paul Singer was born on August 22, 1944, and from Teaneck, New Jersey, USA. He is an American billionaire hedge fund manager, activist, investor, vulture capitalist, and philanthropist.
Tucker Carlson in the show said that how Paul Singer, Hedge Funds are Destroying Rural America. Later, in the segment how Paul Singer sporting goods company Cabela’s and how Singer’s hedge fund made $90 million by acquiring the company then forcing the board to sell the company to Bass Pro Shops.
Tucker Carlson Tonight found the proposed subdivision. It’s full of empty lots. The houses were never built. Residents told Tucker Carlson Tonight that it’s hard for them to leave the town as housing values have collapsed.
Carlson said “The residents of Sidney did not get rich. Oh no, just the opposite. Their community was devastated, destroyed,” and added “The town lost nearly 2,000 Jobs. A heart-breakingly familiar cascade began.”
The residents of Sidney didn’t get rich. Just the opposite. Their community was destroyed. The town lost nearly 2,000 jobs. A heartbreakingly familiar cascade began: people left, property values collapsed, and then people couldn’t leave.
Paul Singer Career
He started his career as n attorney in the real estate division of the investment bank Donaldson, Lufkin & Jenrette. Curently, he is an American Venture Capitalist and owner of Elliott Management Corporation (EMC).
His hedge fund, Elliott Management Corporation (EMC), specializes in distressed debt acquisitions and Paul is also the founder and CEO of NML Capital Limited, a Cayman Islands company. The singer is extremely adept at using his money and influence to shape public policy. He’s donated to Republican politicians including John McCain and Tom DeLay, backed Arnold Schwarzenegger’s campaign for governor of California and Rudy Giuliani’s Presidential run.
During Giuliani’s presidential run he donated $170,000 and also lent him his private jet. Later, in the 2010 midterm elections Paul was one of the largest donors and according to the source, he had donated $4 million to Republican candidates. Then, in the 2016 election, he donated $24 Million USD to Republican candidates.
In 2016, Paul Singer’s Elliott Management invested in Arconic where its a manufacturer of auto and aerospace components. Furthermore, Paul was involved in a 15-year public battle with the country of Argentina over the repayment of bonds.
Apart from this, he is also a musician and at the age of 10, he began studying classical piano and was also interested in Rock n’ Roll. Paul’s favorite band is Led Zeppelin and he once played on stage alongside Meatloaf.
Paul Singer Family
How old is Paul Singer? He was born on August 22, 1944, and from Teaneck, New Jersey, USA and he are 75 years old as of 2019. He grew up in a Jewish family and Paul was one of three children of a Manhattan pharmacist and a homemaker.
He completed his education from the University of Rochester and graduated with a B.S. in psychology and earned a J.D. from Harvard Law School in 1969.
Paul Singer Wife
He’s divorced with Emily Singer and two sons, Andrew and Gordon, and currently lives in New York City’s Upper West Side. After Andrew came out as gay Paul became a steadfast supporter of gay rights.
In 2012 he launched the American Unity PAC, which aims to persuade fellow conservatives to support same-sex marriage. He has actively supported same-sex marriage campaigns and makes large donations to LGBT groups. The singer has donated an estimated $10 million to gay rights causes.
Paul Singer Net Worth
Estimated Net Worth of him $ $3.5 billion USD as of 2019.