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"Trump's new team" is a gathering of billionaires: net assets at least 344 billion US dollars

"Trump's new team" is a gathering of billionaires: net assets at least 344 billion US dollars

Bitget2024/11/26 08:57

The recruitment for Trump's second term government is basically completed. Reports indicate that the net worth of this administration, including Trump and some of his nominated cabinet members, reaches $3444 billion. This figure exceeds the Gross Domestic Product (GDP) of 169 countries. Billionaires expected to join Trump's second-term government include Tesla CEO Elon Musk, entrepreneur Ramaswamy, prospective Education Secretary and co-founder of World Wrestling Entertainment (WWE) McMahon, prospective Commerce Secretary and Cantor Fitzgerald CEO Howard Lutnick, prospective Interior Secretary and North Dakota Governor Doug Burgum, as well as prospective Treasury Secretary and hedge fund manager Scott Bessent. According to the latest data from Forbes and Bloomberg, the net worths are as follows: Trump himself has a net worth of about $5.6 billion; Musk's net worth is up to $3326 billion far exceeding other members; McMahon with her husband have a net worth of $2.5 billion; Lutnick has a net worth of $1.5 billion; Ramaswamy and Burgum each have an estimated net worth around $1.1 billion.(Red Star News)

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