Paul Singer net worth
Paul Singer Net Worth: Paul Singer is an American businessman with a net worth of $1.9 billion. Self-made billionaire Paul Singer is best known as the founder and CEO of hedge fund firm Elliott Management and the Paul Singer Foundation. Paul Elliot Singer was born into a Jewish family in New York on August 22, 1944, and spent his childhood in Tenafly, New Jersey.
He grew up as an ambitious young man, earning a BA in Psychology from the University of Rochester and a Juris Doctor from Harvard Law School. Shortly after graduation, Singer began working as a lawyer at investment bank Donaldson, Lufkin & Jenrette in 1974. Three years later, he started hedge fund Elliot Associates LP with $1.3 million from various friends and family. Today’s Elliot Management Corporation oversees Elliot Associates and Elliot International Limited, which together manage more than $21 billion in assets. As for the Paul E. Singer Family Foundation, its primary goal is to support charitable projects such as the Harvard Graduate School of Education’s Singer Award for Excellence in Secondary Teaching and the VH1 Save The Music Foundation, among others. A staunch supporter of Republican political causes and gay rights, he backed Mitt Romney’s presidential bid and donated $425,000 of his own money, as well as $500,000 raised, to support gay marriage in New York legalization movement. In addition, Paul Singer is chairman of the board of directors of the Manhattan Institute for Policy Studies, a member of the Harvard Medical School Fellows Committee and the board of directors of Review Magazine, and is a supervisor of capital markets.
