Here's your Forbes Daily Briefing for Wednesday, February 26th.

Today on Forbes, former Secret Service agent turned Deputy FBI Director is already very rich.

President Donald Trump announced his decision to nominate Dan Bongino, a controversial,

conservative political commentator and former Secret Service agent

to be deputy director of the FBI. Bonjino isn't worried about money as it relates to the job.

On a Monday live stream, the first since he was named to the position, he said, quote,

money and all that other crap? Who gives a damn about any of that stuff? We'll figure

that out later. That's probably because Bongino is already set for life. In addition to earnings

from his podcast and radio program, the Dan Bongino show, which draws millions of viewers and

listeners monthly, Bongino has a valuable stake in Rumble, the conservative

leaning video platform that pitches itself as a free speech alternative to YouTube.

At Monday's close price, his more than 16 million shares, representing a 5.7% stake in the

company and a 1.1% voting share, according to SEC filings, were worth nearly $160 million.

Rumble's stock was down nearly 7% Monday on the news of its most popular creator's imminent departure.

In a statement posted to Rumble's website, Rumble CEO Chris Pavlovsky congratulated Bongino and wrote that

Bonjino's show, quote, has been instrumental to the rapid growth of the platform. But he also

claim that, quote, the revenue Rumble derived from the content is not material to the company,

thanks to their third-party advertising arrangement. Bon Gino is one of Rumble's earliest backers, and since then, he and Rumble have taken turns

supporting one another. He began uploading his podcast episodes to the platform in September

2020 after chafing against YouTube's content moderation practices, helping drive the nascent

platform's user-based growth from

1 million in Q2 to 21 million in Q4. A year later, Rumble bet on him, investing in parallel

...