How Paul Singer Became the World’s Most Feared Investor

Singer's Elliott Management Corp. manages $34 billion in assets.

August 7, 2017 2:42 pm
Paul Singer, Founder and President, Elliott Management, at the 2015 Delivering Alpha Conference on July 15, 2015 (Adam Jeffery/CNBC/NBCU Photo Bank via Getty Images)
Paul Singer, Founder and President, Elliott Management, at the 2015 Delivering Alpha Conference on July 15, 2015 (Adam Jeffery/CNBC/NBCU Photo Bank via Getty Images)

Paul Singer has his eyes on global domination, but his path is often taking out a few CEOs along the way. Managing $38 billion, the activist investor runs Elliott Management Corp., a hedge fund that’s made waves and headlines recently.

In the last 18 months, Singer’s gone after the world’s largest mining company and went toe-to-toe with Warren Buffett for the largest electricity distributor in Texas. He’s also knocked off multiple CEOs and world leaders too, sparking a domino effect that culminated with the impeachment of South Korea’s president.

Singer started by managed his friends and family’s money in 1977, Bloomberg reports. Beginning with just $1.3 million, the wealth manager investing in debt and equity to generate $93 billion.

He’s most known for going battle with Argentina over its debt default. In the 15-year financial scuffle, Bloomberg reports Singer got one of the country’s warships impounded.

According to Bloomberg, this has given Singer a successful reputation, including his strong-arm tactics conflated with bullying.”It doesn’t bother me anymore,” Singer said to Bloomberg. “It’s good when a corporate executive listens with the understanding that we are real, that we have the capacity to carry through.”

The InsideHook Newsletter.

News, advice and insights for the most interesting person in the room.