Before I get to the story of his attack on African kids, let me tell you how Singer made his first billion, his first killing (and I don't mean that metaphorically): via an attack on victims of asbestos poisoning.
Background: The executives of a few asbestos companies, WR Grace, USG and Owens-Corning, knew that their asbestos factories were killing their workers. When caught and sued, the companies filed for bankruptcy, agreeing to pay almost all their earnings to those dying and injured by their asbestos.
But Singer had a better idea. These companies, as you can imagine, were worth next to nothing; and Singer bought Owens-Corning for a song.
If he could cut the amount paid to the victims, Singer could boost Corning's value big time. So, a PR campaign was begun attacking the dying workers, saying they were all faking it.
One attacker was a guy named George W. Bush.
In January 2005, President Dubya held a televised meeting to promote an "expert" who pronounced that over half a million workers suing Singer's industry were liars. If workers couldn't breathe, he said to the grinning President, it wasn't the fault of asbestos.
The "expert" was not a doctor, but notably, his "research" was partly funded by ...Paul Singer. And so was Bush. Since the death of Enron's Ken Lay, Singer and his vulture flock at Elliott International had become the top contributors to the Republican National Committee. It's hard to measure his largesse exactly because some of that help comes in through the side door. For example, Singer put money behind the "Swift Boat" smear on Bush's opponent, John Kerry.
The legal, political and PR attacks on the dying workers chiseled away the compensation expected to be paid by the asbestos companies, boosting their net worth. Singer then flipped Corning, selling it for a neat billion-dollar profit.
It's legal, it's brilliant, it's sick, it's Singer.