meta_pixel
Tapesearch Logo
Log in
Forbes Talks

Donald Trump's Cabinet Is The Richest In History–Here's How Much They're Worth

Forbes Talks

Forbes Media LLC

Business News, Forbes, Business, News, Economics, Entrepreneurship, Politics, Policy, Breaking News

54 Ratings

🗓️ 19 August 2025

⏱️ 12 minutes

🧾️ Download transcript

Summary

The collective net worth of Trump’s Cabinet—made up of two Wall Street financiers, several former CEOs and TV hosts and just one career politician—is the highest ever, even before counting the president.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

Click on a timestamp to play from that location

0:00.0

Hi everybody. I'm Brittany Lewis, a breaking news reporter here at Forbes.

0:06.8

Joining me now is my colleague Forbes Money and Politics reporter Kyle Con Mullins.

0:11.8

Kyle, thanks so much for joining me.

0:13.8

Always great to be here, Brittany. Thanks for having me.

0:17.2

Of course, the money and politics team took the humongous undertaking of finding out the net worth of President Trump's cabinet.

0:24.6

So I first want to step back here and look at the cabinet overall.

0:28.6

What types of careers did these administration officials leave?

0:32.6

What industries did they leave to serve this administration?

0:35.6

You really run the gamut here. There's everyone from Wall Street. What industries did they leave to serve this administration?

0:39.7

You really run the gamut here.

0:43.9

There's everyone from Wall Street folks like Scott Bessent and Howard Ludnick.

0:47.7

You've got Fox News personalities like Pete Higgseth and Sean Duffy.

0:51.6

You've got sitting politicians like Marco Rubio, Doug Bergum, Christy Nome.

1:00.3

You've got two sitting governors, Doug Bergam and Christy Nome, who left their seats to join the administration, Marco Rubio, a senator from a relatively safe seat in Florida.

1:04.8

Yeah, and then you've got lots of current and former business people. Look at Linda McMahon,

1:10.2

being a former head of the W.EW.E., look at Lori Chavez de Riemer, the Labor Secretary,

1:11.1

Chris Wright, the Energy Secretary. These folks are, like I said, current or former business people. It really runs the

1:16.5

gamut of possible careers that are folks ending up in the cap. So business people, media

1:24.0

personalities, I'm thinking dollar signs when I think of that. They're leaving

1:28.4

big paychecks to come to this administration. So collectively, when you add it all together,

1:33.6

how much is this cabinet worth? We estimate that the cabinet's net worth collectively, and I want

1:39.9

to stress this as without Donald Trump, is $7.5 billion. Now, most of that is two billionaires,

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Forbes Media LLC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Forbes Media LLC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.