A basket of billionaires

By Laurie Bennett

November 30, 2016 at 9:00am

Like likes like. As Politico puts it: “He’s stacking his administration with masters of the universe.”

Today’s billionaires-in-the-cabinet count: One and a fraction, not including the boss.

The only verifiable billionaire tapped by President-elect Donald Trump so far is Wilbur L. Ross Jr., his choice for Commerce. (Wealth is almost a requirement for the job. The current secretary, Penny Pritzker, is also a billionaire.)

As for the fraction: Betsy DeVos is the daughter-in-law of Richard M. DeVos, billionaire co-founder of Amway. The nominee to be Ross’s deputy, Todd Ricketts, is the son of billionaire J. Joe Ricketts, founder of TD Ameritrade.

While Steven Mnuchin, Trump’s choice for Treasury, is very well off, he hasn’t yet made the Forbes billionaire list. Mitt Romney, who may or may not be under consideration for secretary of State, is not on the list either, despite his sizeable fortune.

Some on the list are being measured for chairs at the table. Continental Resources CEO Harold Hamm is a leading contender for energy secretary.

Weighing in on these choices is billionaire Peter Thiel, co-founder of Paypal and a member of the Trump transition team.

Wednesday brought this tweet from David Axelrod, former Obama political strategist:

Related reading: Donald Trump is assembling the richest administration in modern American history - Washington Post

Follow Muckety on Twitter Tweet This! Share on Facebook

Click here to sign up for the Muckety Newsletter

 Read related stories: Business · Politics · Recent Stories · Top one percent  


  • There are no comments yet, be the first by filling in the form below.

Leave a Comment

The relationship map to the left is interactive.
• Solid lines are current relations. Dotted lines are former relations.
• Expand items with + signs by double-clicking or by selecting multiple items in the map and pressing the "e" key.
• Move an item in the map by clicking and dragging.
• You can also delete items, separate boxes and save maps. Right-click on the map or select Map Tools for these options.
• Find out more about an item in the map by right-clicking on the item and choosing Information about...
• View map color key.
• This interactive map requires Flash player.

Become a fan of Muckety on Facebook

  • Search for stories
    Special Features

Follow Muckety on Twitter Follow Muckety on Twitter
Muckety has no direct connection to most of the people or organizations listed on these pages.
We are unable to forward personal messages or provide personal contact information.
We make every effort at Muckety to ensure that our data is correct and timely. However, relationships are in constant flux and we cannot guarantee accuracy. If you come across incorrect or outdated information, please let us know by email.
© 2017 Muckety LLC