Trump’s Billionaire Cabinet: A Look at High-Stakes Investments

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President Donald Trump's cabinet is notable for its wealth and diverse investment portfolios, comprising several individuals with significant stakes in various sectors, according to The Economist. Although Elon Musk garners considerable attention as a billionaire member, other cabinet members also hold substantial assets across real estate, technology, crypto, and pharmaceuticals.

Education Secretary Linda McMahon, for example, has declared over $50 million in shares of TKO Group, a company born from the merger of WWE and UFC, which has seen a 40% increase in value since Trump's election. Secretary of the Interior Doug Burgum, after selling his software company to Microsoft for $1.1 billion, has built a portfolio that includes shares in major tech firms like Meta and Apple.

Treasury Secretary Scott Bessent manages almost $600 million in investments through his hedge fund and holds between $1 million and $5 million in art and antiques. Commerce Secretary Howard Lutnick has notably pledged to sell his shares in various firms to avoid conflicts. Other cabinet members are also heavily invested in cryptocurrencies and emerging technologies, highlighting a cabinet that balances governance with aggressive financial interests.

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