Here are a few of the other billionaires selected for roles by Trump:
Vivek Ramaswamy: At 39 years old, he is worth $1 billion and is one of the 20 youngest billionaires in the U.S. The biotech entrepreneur founded pharmaceutical company Roivant Sciences in 2014 and it went public in 2021. He stepped down as CEO of Roivant in 2021 when he first turned to politics.
Scott Bessent: Trump appointed Bessent to be Treasury secretary, a role other major businessmen were jockeying for. Bessent, if confirmed by the Senate, would lead Trump’s economic team, including being responsible for imposing his aggressive tariff and tax plans.
Howard Lutnick: The co-chair for Trump’s transition team was picked for Commerce secretary after angling for the Treasury top job. Lutnick is worth more than $1.5 billion. He is the CEO of Cantor Fitzgerald and gained national prominence for overseeing the company’s response following the 9/11 attacks that killed more than 600 of its employees working inside the World Trade Center in New York.
Linda McMahon: Picked by the president-elect to lead the Education Department, McMahon co-founded World Wrestling Entertainment with her husband, Vince McMahon, who has a net worth of $3 billion. The couple was accused in a lawsuit in October of knowing about a ringside announcer who allegedly abused young boys for years and doing nothing about it.
The Hill’s Alex Gangitano has more here.
