Billionaire Profile
Paul Singer
Global Rank
#561

Image: Public domain | via Wikimedia Commons

Paul Singer

CEO, Elliott Management
US
Real-Time Net Worth
$6.7B
As of December 2025
Age
81
Source
Hedge funds
Industry
finance-investments
Citizenship
US

Biography

Paul Singer is an 81-year-old American hedge fund manager, activist investor, and philanthropist. He is the founder, president, and co-CEO of Elliott Investment Management, a leading activist hedge fund. Singer's wealth stems from his successful hedge fund, which has generated high returns for investors. Known for his high-profile and often combative dealmaking, Singer has built a reputation as one of the "smartest and toughest money managers" in the hedge fund industry. His career includes significant achievements, such as founding Elliott Management in 1977 with $1.3 million and growing the firm to manage approximately $76.1 billion in assets as of June 30, 2025. Singer is also recognized for his philanthropic efforts, including support for LGBT rights and pro-Israel causes.

Wealth Over Time

In-Depth Profile

Early Life and Education

Paul Elliott Singer was born on August 22, 1944, in Teaneck, New Jersey, into a Jewish family. He graduated from Teaneck High School in 1962. Singer obtained a B.S. in psychology from the University of Rochester in 1966 and a J.D. from Harvard Law School in 1969. After completing his education, he worked as a real estate attorney at the investment bank Donaldson, Lufkin & Jenrette in 1974.

Rise to Success

In 1977, Singer founded Elliott Associates L.P. with $1.3 million from friends and family, which would later become Elliott Management. He began his career with a convertible arbitrage strategy, later shifting towards activist investing. Elliott Management has grown into a financial powerhouse, managing approximately $76.1 billion in assets as of June 30, 2025. Singer is known for his aggressive tactics in restructuring distressed companies and shareholder activism.

Key Business Strategies

Elliott Management focuses on distressed debt and event-driven investing, with a hands-on approach to increase shareholder value. The firm has been involved in significant restructurings and activist campaigns, pushing for changes in companies like Citrix Systems and engaging in high-profile campaigns with companies like Twitter. Elliott's investment in Twitter led to a significant increase in stock value. Singer is also known for his contrarian investment strategies.

Philanthropy

Singer signed The Giving Pledge, committing to donate more than half of his wealth to address societal challenges. He founded The Paul E. Singer Family Foundation, which supports charitable causes, including the Harvard Graduate School of Education Singer Prize for Excellence in Secondary Teaching, and various pro-Israel and LGBT initiatives. The Foundation's work focuses on free-market economics, U.S. national security, LGBT interests, and intellectual diversity on college campuses and universities.

Career Milestones

1974

Real Estate Attorney

Began working as an attorney in the real estate division of investment bank Donaldson, Lufkin & Jenrette.

1977

Founded Elliott Associates L.P.

Founded Elliott Associates L.P. with $1.3 million in seed capital; later became Elliott Management.

2016

Argentina Bond Settlement

Elliott Management settled a 15-year battle with the government of Argentina over outstanding bond payments, earning a $2.4 billion profit.

2018

Acquired AC Milan

Elliott Management acquired the Italian football club AC Milan.

Philanthropy & Social Impact

Philanthropy

The Paul E. Singer Foundation

Undisclosed

Supports initiatives promoting free-market economics, rule of law, U.S. national security, LGBT interests, and intellectual diversity.

Business Philosophy & Leadership

Notable Quotes

""This AI is way over its skis in terms of practical value being brought to users...There are uses, and there will be additional uses, but it's way exaggerated.""

""They have a track record of success.""

Leadership Principles

Activist Investing

Actively engages with underperforming companies to unlock shareholder value.

Disciplined Approach

Emphasizes a disciplined, research-intensive approach to investments.