3 ms·

I wonder if there's a breakdown of what their current wealth consists of. Sure, they made their initial money through their businesses, but what is it mostly in

• mikeyouse 3y ago
  It's interesting when extremely wealthy people enter politics, since we get ~exactly that. E.g. when Betsey Devos was education secretary, she made between $225M - $415M in income from her investments while in office. Her portfolio is both as narrow and as broad as you'd expect from someone with extreme family wealth -- with huge stakes in Amway likely worth billions paying millions of dollars/year in distributions and then just all matter of other stuff; the Orlando Magic basketball team, car dealerships, fitness clubs, real estate developments, international resorts, that Boxed Water company, distilleries, closet system manufacturers, pharma manufacturers, auto suppliers. https://www.citizensforethics.org/wp-content/uploads/2021/03/DeVos-Betsy-2021-Termination-278e-Agency-Certified.pdf https://www.citizensforethics.org/wp-content/uploads/2021/03...