Total wealth of Trump’s cabinet is $340 billion — more than the GDP of 169 countries
The IndependentSign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. open image in gallery Real estate tycoon Steve Witkoff has been appointed as a special envoy to the Middle East Trump has even picked Soros’s money manager Scott Bessent to lead the Department of Treasury. Howard Lutnick, Commerce Secretary The CEO of financial services firm Cantor Fitzgerald, Howard Lutnick, with an estimated net worth of more than $1 billion, has served as Trump’s transition team co-chair. Elon Musk, Department of Government Efficiency open image in gallery Elon Musk, the world’s wealthiest man, is joining the wealthiest presidential administration in history Elon Musk, CEO of Tesla and SpaceX, helped steer more than $200 million into Trump’s campaign and has used his X platform, formerly Twitter, which he bought for $44 billion, as a megaphone for the president-elect and his agenda. Vivek Ramaswamy, Department of Government Efficiency open image in gallery Vivek Ramaswamy, who has a net worth of more than $1 billion, will steer recommendations for drastic cuts to the government, including mass firings and slashing federal programs Musk’s co-chair of the newly created DOGE Vivek Ramaswamy is a former pharmaceutical executive who briefly ran for the Republican presidential nomination before dropping out to throw his support behind Trump.