Kyle Khan-Mullins
@kylekhanmullins.bsky.social
3K followers 320 following 33 posts
money in politics @forbes | always @thedartmouth | alum @pittsburghpg, @budgethawks, @stillnorthbooks. rt/likes ≠ endorsements. he/him/his.
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kylekhanmullins.bsky.social
The Trump family's crypto boom is even making its youngest members wildly wealthy. Just look at Barron, whose estimated fortune is now more than 800x that of the median American household:

www.forbes.com/sites/kylemu...
Here’s How Much Barron Trump Is Worth
Trump’s youngest son taught his dad a thing or two about crypto. Now the NYU sophomore is making a fortune before he even turns 20.
www.forbes.com
kylekhanmullins.bsky.social
NEW from money in politics intern @lilyogburn.bsky.social for @forbes.com: Energy Secretary Chris Wright once drank fracking fluid on camera to try and prove its safety. Today, he's one of three centimillionaires in Donald Trump's Cabinet. Read the full profile here:
www.forbes.com/sites/lilyog...
Here’s How Much Energy Secretary Chris Wright Is Worth
The energy secretary had to sell his extensive oil-and-gas holdings upon taking office. Now his most valuable asset is an estate in the ultraswank Yellowstone Club.
www.forbes.com
kylekhanmullins.bsky.social
3/4 That's far more than Donald Trump's previous Cabinet ($3.2B) and swamps Joe Biden's Cabinet (around $110M). It includes two other billionaires, three centimillionaires, and a whole collection of businesspeople and former CEOs. There's only one career politician among them.
kylekhanmullins.bsky.social
2/4 The money in politics team here at @forbes.com
has been hard at work putting together net worth estimates for everyone in Donald Trump's Cabinet, from the billionaires to the "mere" millionaires. Even without POTUS, it all adds up to $7.5 BILLION.
kylekhanmullins.bsky.social
NEW from me and @lilyogburn.bsky.social for @forbes.com today! After digging into thousands of pages of financial disclosures and public records and interviews with experts across the economy, we've can definitively say: Here's how much everyone in Donald Trump's Cabinet is worth. 1/4
Reposted by Kyle Khan-Mullins
zacheverson.com
"How Rich Is Treasury Secretary Scott Bessent?

The South Carolinian struggled to generate big returns at his own hedge fund. Bessent has always thrived, however, working for big personalities."

@kylekhanmullins.bsky.social for @forbes.com
Here's How Much Scott Bessent Is Worth
The South Carolinian struggled to generate big returns at his own hedge fund. Bessent has always thrived, however, working for big personalities.
www.forbes.com
kylekhanmullins.bsky.social
NEW from me for @forbes.com: One of the wealthiest members of the Trump administration has a fortune that's tough to pin down. He's likely not a billionaire, but here's what I found in my valuation of Treasury Secretary Scott Bessent:

www.forbes.com/sites/kylemu...
Here's How Much Scott Bessent Is Worth
The South Carolinian struggled to generate big returns at his own hedge fund. Bessent has always thrived, however, working for big personalities.
www.forbes.com
Reposted by Kyle Khan-Mullins
zacheverson.com
Trump Media is building a Bitcoin reserve.

So is the Trump White House.

Two fronts, one crypto strategy.

Here’s how Trump’s private company and public policy just aligned—

me, for @forbes.com
Trump Media Is Raising $2.5 Billion To Build A Bitcoin Reserve
As the pro-crypto White House moves to establish a strategic bitcoin stockpile, Trump’s media company is adopting a parallel approach.
www.forbes.com
Reposted by Kyle Khan-Mullins
Reposted by Kyle Khan-Mullins
amyfeldman7.bsky.social
With rare earths from China in the news, re-upping profiles I previously wrote for @forbes.com on Noveon, a recycler of these materials…https://www.forbes.com/sites/amyfeldman/2023/05/10/meet-the-texas-startup-that-recycles-rare-earth-magnets-bypassing-china/
kylekhanmullins.bsky.social
NEW from me for @forbes.com: Treasury Secretary Scott Bessent appears to have bought, then sold, a mansion in Charleston, losing $100,000 in just over a month. I dug into the documents and what we know here:

www.forbes.com/sites/kylemu...
How Scott Bessent’s LLC Flipped A House And Lost $100,000 In One Month
South Carolina real estate records show an odd transaction just as Bessent was taking office as Treasury Secretary.
www.forbes.com
kylekhanmullins.bsky.social
As the president declares war on the global economic order, it's worth remembering that, over the years, he's made millions from overseas deals and properties. Here's my rundown for @forbes.com of how tariffs might impact Trump-branded properties everywhere:

www.forbes.com/sites/kylemu...
Amid Global Trade War, Here Are 13 Countries Where Trump Does Business
Most of the nations where Trump has properties are seeking negotiated settlements rather than retaliating against the U.S.
www.forbes.com