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Meet Paul Singer, the Billionaire Trump Megadonor Set to Make a Killing on Venezuela Oil

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Meet Paul Singer, the Billionaire Trump Megadonor Set to Make a Killing on Venezuela Oil

Photo: Paul Singer, Principal, Elliott Management, USA is seen during the session ‘The Global Financial Context – Reinforcing Critical Systems’ at the Annual Meeting 2013 of the World Economic Forum in Davos, Switzerland, January 23, 2013. Photo credit: © World Economic Forum. Remy Steinegger via Flickr. CC BY-NC-SA 2.0. Article by Stephen Prager. Common Dreams – January 5, 2026.

One of President Donald Trump’s top billionaire donors, who has spent the past several months backing a push for regime change in Venezuela, is about to cash in after the president’s kidnapping of the nation’s president, Nicolas Maduro, this weekend. While he declined to tell members of Congress, Trump has said he tipped off oil executives before the illegal attack. At a press conference following the attack, he said the US would have “our very large United States oil companies” go into Venezuela, which he said the US will “run” indefinitely, and “start making money” for the United States. […]

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