Donald Trump ran for president by promoting the notion that he can be a fighter for working-class, blue-collar values. However he has chosen a slew of obscenely rich folks to assist him run the federal government when he takes management in January—and their internet worths are nowhere close to the common American household’s.
Of the folks Trump has tapped for his upcoming administration, six are billionaires and 5 of them have publicly recognized internet worths. They’re Elon Musk ($332.6 billion), Linda McMahon ($2.5 billion), Howard Lutnick ($1.5 billion), Vivek Ramaswamy ($1.1 billion), and Doug Burgum ($1.1 billion). Cash supervisor Scott Bessent has additionally been nominated for treasury secretary and whereas it’s recognized that he’s a billionaire, his actual internet value shouldn’t be but public information.
Musk and Ramaswamy have been named to steer the Division of Authorities Effectivity, aka DOGE—which isn’t an official authorities company, so they won’t want Senate affirmation. The others would require a congressional vote.
The whole recognized internet value of Trump’s billionaire picks thus far is a whopping $338.8 billion, for a mean of $67.7 billion. That’s considerably greater than the online value of the common American household, which was round $1.06 million as of 2022. (Take into account that the common is pushed means up by extraordinarily prosperous households—like Musk, Ramaswamy, and McMahon’s.)
