Posted by: coastcontact | December 15, 2016

Are Rich People the Best Managers for the United States government?

trump-team-dec-15-2016-2Will a group of ultra-wealthy people holding high offices in the Donald Trump administration be a benefit to America?

We will know the answer after January 20, 2017.

Rex Tillerson, CEO of Exxon, holds just over 2.6 million Exxon shares. But he actually only technically owns 611,087 outright, or nearly $57 Million worth. The rest are so-called restricted stock units. How rich is Rex Wayne Tillerson? Rex Wayne Tillerson net worth: $150 Million.

Steven Mnuchin is a former partner at Goldman Sachs, heads up Dune Capital. The investment firm put together a holding company in 2008 — attracting investors like J.C. Flowers, a George Soros investment fund and Paulson & Co. His net worth is around $40 million.

Senator Jeff Sessions has an average net worth of $7.52 Million as of 2014.

Wilber Ross has an estimated wealth estimated at $2.5 Billion as of December 2016 according to Forbes magazine.

Andrew Puzder, chief executive of CKE Restaurants, the parent company of Hardee’s and Carl’s Jr. is worth at least $25.6 Million.

Congressman Tom Price’ net worth is $13.0 Million.

Rick Perry, former Texas governor, total net worth is often estimated to be about $3 Million.

Steven Bannon net worth is $10 Million.

Elaine Chao, wife of Senator Mitch McConnell, net worth is at least $3 Million.

Dr. Ben Carson has a reported net worth of $10 Million.

Betsy DeVos is married to Dick DeVos and is the daughter-in-law of Richard DeVos, the founder of Amway with an estimated net worth of $5.1 Billion.

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Responses

  1. That would be a big no as no bussinessman as a president has been good for our country. Harding had the most corrupt cabinet filled with ‘friends ‘


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