Hedge fund pioneer Paul Singer founded Elliott Management, the $19 billion hedge fund firm specializing in distressed debt investments. This former Wall Street lawyer is also known for playing hardball after scooping up sovereign debt of countries like the Republic of Congo and Argentina. Singer has been critical of recent Federal Reserve policy and Wall Street's bonus culture, arguing for governments to limit financial firm borrowing and risk taking. A big supporter of Republican Party candidates and causes, including Mitt Romney's Super PAC, Singer also played an important role in the effort to allow same-sex marriages in New York state. [...] more
With casino billionaire Sheldon Adelson's $10 million gift, the tally of America's richest people donating to Mitt Romney-backing super PAC Restore Our Future is 32 -- or, 8% of the Forbes 400. Read on to see who joins Adelson on this growing list. [...] more>>
The presumptive GOP nominee has diversified far past Bain Capital. From hedge funds to his kids' $100 million trust, FORBES reveals the most definitive valuation of the man who would be the richest President ever. [...] more>>
It's well known that super-rich donors tend to write their checks to right-leaning candidates. Still, the number of billionaires who've given to Restore Our Future, a Mitt Romney-backing super PAC, is staggering: 30, or 7.5% of the Forbes 400 list. [...] more>>
The presumptive GOP nominee has diversified far past Bain Capital. From hedge funds to his kids' $100 million trust, FORBES reveals the most definitive valuation of the man who would be the richest President ever. [...] more>>
The presumptive GOP nominee has diversified far past Bain Capital. From hedge funds to his kids' $100 million trust, Forbes reveals the most definitive valuation of the man who would be the richest president ever. [...] more>>
The billionaire's investor activism is part of a trend that has seen hedge funds and other financial investors target larger companies. [...] more>>
After President Barack Obama's announcement in support of same-sex marriage on Wednesday, only one billionaire, Michael Bloomberg, has expressed backing for the president's decision. [...] more>>
First casino magnate Sheldon Adelson came out swinging against Obama, saying he'll spend $100 million to see him unseated. Today, investor Harold Simmons pledged to give big. Meet 40 billionaires who're doing it on the down-low. [...] more>>
