BillionairesBusiness

Paul Singer Net Worth

Paul Singer Net Worth is
$2.2 Billion

Paul Singer Bio/Wiki, Net Worth, Married 2018

Paul Elliott Singer (born August 22, 1944) is the American creator and CEO of hedge fund Elliott Management Corporation as well as The Paul E. Singer Foundation. Elliott Management Corporation manages Elliott Associates and Elliott International Limited, which collectively have more than $21 billion in assets under management. In accordance with The Guardian, “Elliott’s principal investment strategy is purchasing distressed debt cheaply and selling it at a gain or suing for total payment.” A 2012 CNN profile of Vocalist noted that losses endured early in his career caused a “risk aversion that still direct his investing now. As an example, he seldom uses leverage to juice yields.” Because of his warning, “Elliott has had just two down years” since 1977, increasing “4.2% in 2011, a year in which most hedge funds lost money.” Based on CNN, Vocalist concentrated from early times “on distressed assets,” buying up bankrupt companies’ debt and achieving “a reputation for strong arming his approach to gain.” Elliott continues to be involved “in all the large post-crash restructurings, including Chrysler and auto parts supplier Delphi.” Over Elliott’s history, it’s averaged 14 percent yearly yields, compared with 10.8% for the S&P 500 stock index as a whole. In March 2013, Argentina offered a fresh strategy which was judged unlikely to be satisfactory to the Ny court.

Paul Singer Net Worth $1.1 Billion Dollars

Source
IMDB Wikipedia


Full NamePaul Singer
Net Worth$2.2 Billion
Date Of BirthAugust 22, 1944
DiedApril 24, 2016, Blackwood, Gloucester Township, New Jersey, United States
Place Of BirthNew York, United States
ProfessionFinancier Lawyer Philanthropist Political activist Investor
EducationUniversity of Rochester, Harvard Law School
NationalityAmerican
ChildrenAndrew Singer

Self

TitleYearStatusCharacter
Economia Brasileira: A História Contada por Quem a Fez2015TV Series documentary
Der Schein trügt2009DocumentaryHimself

Known for movies


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