ADVERTISEMENT

Trump's latest pick hiked the net worth of his top advisers to $10 billion

President-elect Donald Trump's nomination on Monday of Vinnie Viola for secretary of the Army lifted the combined net worth of his top team of officials and advisers to more than $10 billion.

null

Viola, the

ADVERTISEMENT

Some of Trump's wealthiest picks for key positions include Betsy DeVos, his choice for secretary of education worth $5.1 billion, and Wilbur Ross, the nominated secretary of commerce who is worth $2.5 billion.

Additionally, Trump tapped ExonnMobil CEO Rex Tillerson, worth at least $228 million, to be secretary of state. Steve Mnuchin, Trump's pick for Treasury secretary, is worth at least $100 million, according to estimates.

Similarly, Gary Cohn, the former chief operating officer at Goldman Sachs, has been appointed to a cabinet-level position as He had Goldman shares worth around $210 million at the time of his appointment.

ADVERTISEMENT

The president-elect said he chose super-wealthy people and company executives for key positions, as they would be able to use their experience to negotiate on behalf of Americans.

While campaigning, Trump promised to "drain the swamp" of Washington insiders and lobbyists who he said profited at the expense of hardworking Americans.

His subsequent picks, which include two former Goldman Sachs executives, have raised some eyebrows about his pledge.

FOLLOW BUSINESS INSIDER AFRICA

Unblock notifications in browser settings.
ADVERTISEMENT

Recommended articles

10 African countries with the highest number of migrants

10 African countries with the highest number of migrants

PHOTOS: Inside the hostel in Rwanda set to house migrants from the UK in July

PHOTOS: Inside the hostel in Rwanda set to house migrants from the UK in July

10 African countries with the weakest governments

10 African countries with the weakest governments

Zap unveils Africa's first non-custodial exchange

Zap unveils Africa's first non-custodial exchange

The future of healthcare on display: Day 1 of Medlab West Africa wraps up

The future of healthcare on display: Day 1 of Medlab West Africa wraps up

Nigeria suspends a Chinese business over discrimination charges

Nigeria suspends a Chinese business over discrimination charges

10 African countries with the greatest soft power influence over the world in 2024

10 African countries with the greatest soft power influence over the world in 2024

List of the smartest African Cities in 2024

List of the smartest African Cities in 2024

U.S. officials admit President Biden’s strategy for Africa is predictably failing

U.S. officials admit President Biden’s strategy for Africa is predictably failing

ADVERTISEMENT