Scott Bessent’s Job: What the Millionaire Does for a Living

As one in every of Donald Trump’s cupboard choices, U.S. Secretary of the Treasury Scott Bessent has made headlines. As a billionaire with deep roots within the finance international, many are enthusiastic about his occupation and the way he got here into Trump’s orbit.

In Trump’s announcement about his cupboard selection, the Republican known as Bessent’s existence and occupation because the “American dream.”

“Scott has long been a strong advocate of the America First Agenda,” Trump persevered in his public observation. “On the eve of our great country’s 250th anniversary, he will help me usher in a new golden age for the United States, as we fortify our position as the world’s leading economy, center of innovation and entrepreneurialism, destination for capital, while always, and without question, maintaining the U.S. dollar as the reserve currency of the world.”

Learn what Bessent does for a residing, under.

Who Is Scott Bessent?

The billionaire is a hedge fund supervisor, easiest identified for founding the Key Square Group. He used to be additionally a spouse at Soros Fund Management.

While specializing in his macro funding company, Bessent delved into politics. Although he’s now a significant supporter of Trump, Bessent in the past sponsored more than one Democrats. In 2000, he hosted a fundraiser for then-presidential candidate Al Gore. In the years yet to come, Bessent donated to each Hillary Clinton and Barack Obama.

After Obama’s eight-year presidential time period used to be up in 2016, Bessent donated to Trump’s marketing campaign.

In 2025, Scott Bessent was the U.S. Secretary of the Treasury after being nominated via Donald Trump to serve in his cupboard.

Is Scott Bessent Married?

Bessent is married to his husband, John Freeman. Freeman is a former New York City prosecutor.

Does Scott Bessent Have Kids?

Bessent and his husband, Freeman, reportedly percentage two youngsters in combination. The circle of relatives assists in keeping their private existence clear of the general public eye.

What Is Scott Bessent’s Net Worth in 2025?

As of 2025, Bessent has a web value of $700 million, in keeping with Celebrity Net Worth.