Trump’s Fetish for Filthy Rich Goons Exposed in Bombshell Report

BRENDAN SMIALOWSKI / AFP via Getty Images Donald Trump has turned America’s government into a playground for the ultra-rich.

According to a bombshell report from consumer advocacy group Public Citizen, Trump has packed his administration with more than four times as many officials worth at least $100 million as the previous three presidents combined.

The list does not include Trump himself, whose net worth Forbes estimates at more than $6 billion.

Nor does it include Elon Musk, who last year helped Trump establish DOGE to reduce the federal government’s size, scope, and workforce, before leaving the role.

Forbes estimates Musk’s fortune at about $860 billion, making him the world’s wealthiest person.

But even without Trump and Musk, at least 57 Trump officials have fortunes of $100 million or more, including 17 ambassadors and 40 senior officials across the executive branch.

By comparison, President George W.

Bush’s administration and President Joe Biden’s each included five members worth at least $100 million.

President Barack Obama’s administration included just three, the report states.

The scale of the wealth is especially striking in Trump’s Cabinet.

Eight of its 23 members qualify, including Treasury Secretary Howard Lutnick and Education Secretary Linda McMahon, both billionaires, who are worth around $7 billion and $3 billion, respectively, according to estimates.

Other Trump officials worth at least $100 million include Deputy Secretary of Defense Stephen Feinberg and Small Business Administration Administrator Kelly Loeffler, who are also billionaires, as well as Treasury Secretary Scott Bessent and special envoy Steve Witkoff, both worth hundreds of millions of dollars.

Public Citizen’s authors warn that putting so many members of the economic elite in positions of government power could create serious conflicts of interest.

“When the people holding the reins of government are drawn overwhelmingly from the ranks of the ultra-rich, it leads to misplaced incentives and corruption, and begs the question, ‘Whose interests they are truly serving?” said Lisa Gilbert, Public Citizen’s co-president.