“Paul Singer’s shady purchase of Citgo has everything to do with this coup.”
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.
As Judd Legum reported on Monday for Popular Information, among the biggest beneficiaries will be the billionaire investor Paul Singer:
In 2024, Singer, an 81-year-old with a net worth of $6.7 billion, donated $5 million to Make America Great Again Inc., Trump’s Super PAC. Singer donated tens of millions more in the 2024 cycle to support Trump’s allies, including $37 million to support the election of Republicans to Congress. He also donated an undisclosed amount to fund Trump’s second transition.
Singer is also a major pro-Israel donor, with his foundation having donated more than $3.3 million to groups like the Birthright Israel Foundation, the Israel America Academic Exchange, Boundless Israel, and others in 2021, according to tax filings. (more...)
Meet Paul Singer, the Billionaire Trump Megadonor Set to Make a Killing on Venezuela Oil
The hedge fund manager & GOP megadonor Paul Singer's shady purchase of CITGO has everything to do with this coup. Thanks to @JuddLegum for his reporting on this! pic.twitter.com/qsZh34tLZS
— Francesca Fiorentini (@franifio) January 5, 2026
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