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Top Trump Donor’s 'Well-Timed Transaction' Raises Eyebrows​ After Venezuela Operation

Elliott Investment Management acquired Citgo at a $5.9 billion court-ordered sale after Venezuela defaulted on bonds, gaining control of major U.S. refineries and over 4,000 gas stations.

Summary by Alternet
One of President Donald Trump's billionaire pals is about to score huge profits thanks to the ousting of Venezuela's Nicolás Maduro. Writing on Monday, "Public Info" reporter Judd Legum revealed that Paul Singer, who has a net worth of about $6.7 billion, donated $5 million to Trump's super PAC and to Trump's political allies. He was also a major donor to Trump's transition team, where contributions don't have to be disclosed. In November, Singe…
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  • 100% of the sources lean Left
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Alternet broke the news in Washington, United States on Monday, January 5, 2026.
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