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Fortune
Fortune
Alena Botros

UNCOVERED: Wealthy trump appointees are flocking to washington d c and looking for luxury homes - The Untold Story

Donald Trump Howard Lutnick Scott Bessent Washington D.C. Wall Street Journal David McCormick John Phelan DC
(Credit: Justin Sullivan/Getty Images)
  • Howard Lutnick, whom Trump tapped for Commerce secretary, purchased a $25 million home; and Scott Bessent, whom Trump chose for Treasury secretary, is on the hunt, according to the Wall Street Journal.

President Donald Trump compiled his ideal cabinet: an ultrawealthy one. If all his nominees are confirmed, their combined wealth could be more than $20 billion on paper, New York magazine estimated earlier. Oh, and that excludes the richest man in the world, who appears to have the president’s ear: Elon Musk. 

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