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Trump aides worth billions, ‘richest in US history’

The US president’s top 27 aides had assets worth at least $2.3 billion when they joined the government.

world Updated: Apr 11, 2017 12:48 IST
Yashwant Raj
The assets of Trump’s daughter and son-in-law, Ivanka Trump and Jared Kushner, added up to $740 million.
The assets of Trump’s daughter and son-in-law, Ivanka Trump and Jared Kushner, added up to $740 million.(Reuters File)

There is quite a lot of money sloshing around the Donald Trump administration — all legitimate, but eye-popping. According to financial disclosures made public on Friday, the US president’s top 27 aides had assets worth at least $2.3 billion when they joined the government.

The president’s daughter and son-in-law, Ivanka Trump and Jared Kushner, led the table list as beneficiaries of real estate and investments adding up to $740 million, and continued to benefit despite their government positions now.

Trump disclosed his finances in May 2016, claiming his net worth to be “in excess” of $10 billion. Independent assessments, hobbled by missing specifics, fell way short of that figure. But his cabinet, made of several millionaires and billionaires, has been called the richest in US history.

President Trump’s chief strategist Steven Bannon held assets worth between $11.8 million and $53.8 million , according to the Washington Post, which said in a sneering headline, “Architect of anti-globalist policies, got rich as a global capitalist”.

Press secretary Sean Spicer, a familiar figure around the world as the face of an administration at war with media, was worth between $2.9 million and $6.6 million, according to the filings about his assets.

Kellyanne Conway, a top aide from Trump’s campaign who has had a somewhat choppy term in office so far — famously insinuating Trump may have been shrivelled by a microwave oven — held assets worth up to $39 million.