Where Did Venezuela's $13 Billion Go?

By Patrick Boyle

Community Score: 50% | 88.3K views | 2mo

0 community ratings: null thumbs up, null thumbs down

If you’re looking to upgrade your business wardrobe, I can recommend giving Tailor Store a try. Their shirts are made to your measurements, so you can create something that fits both your body and your personal style. My viewers receive 25% off their first order through my link: https://www.tailorstore.com/patrickboyle When the United States took control of Venezuela's oil exports in early 2026, it collected an estimated $13 billion in crude sales — but the official ledger in Caracas records almost none of it, and six months on there is still no public accounting of where the money went. In this video we look at what happened to Venezuela's sovereign wealth: the missing oil revenues now sitting in an offshore account in Qatar, the four billion dollars of Venezuelan gold frozen in the vaults of the Bank of England that no one can legally claim, and the court-ordered auction that handed Citgo's parent company to an affiliate of Paul Singer's Elliott Management for nearly $6 billion. Alo

Tags: finance, trading, patrick boyle, on finance, cfa exam, kings college london, business school, quantitative finance, financial derivatives, personal finance, investing, investments, stock market, corporate finance, Venezuela, Venezuela’s Oil Money

More from Patrick Boyle

  • Is Russia Actually Losing? — Score: 50%
  • The Real Reason European Cars Can't Compete — Score: 50%
  • Brexit, 10 Years On: What It Actually Cost Britain — Score: 50%
  • How to Lose a Global AI Monopoly in One Afternoon — Score: 50%
  • How SpaceX Humiliated Wall Street — Score: 50%
  • The Real Reason You Can't Afford a House — Score: 50%