Trump’s Team of Billionaires Will Be the Wealthiest Administration in U.S. History
Trump’s Team of Billionaires Will Be the Wealthiest Administration in U.S. History
His Cabinet alone is worth an estimated $10 billion.
Summary
Donald Trump is forming the wealthiest administration in U.S. history, collectively worth over $330 billion.
Billionaires like Elon Musk ($300B), Linda McMahon, and Vivek Ramaswamy are key appointees, alongside ultra-wealthy Cabinet members.
Musk and Ramaswamy will lead a new Department of Government Efficiency, pushing for deep public spending cuts.
The administration’s combined wealth far surpasses that of Joe Biden’s Cabinet and rivals the GDP of some nations.
Critics argue this contrasts with Trump’s populist messaging, while Senate confirmations could spotlight wealth disparities.
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Mmmmm... I haven't read the article but I suspect it's not true when factoring the Harding administration and inflation.
Might need to exclude Musk, but I bet it's not far off.