Scott Bessent’s net worth: The new Treasury Secretary's wealth in 2025
Scott Bessent built a career managing billions of dollars, and he now serves as Treasury Secretary. Here’s how much he’s worth in 2025 and what types of assets he owns.
In January 2025, Scott Bessent was confirmed as the 79th Treasury Secretary under President Trump’s administration, and he took over at a time when the U.S. dollar was the dominant world currency despite the nation’s budget deficit. The U.S. Treasury Department plays an important role in maintaining the country’s finances and providing economic stability.
Unlike his predecessors, most of whom came from a traditional Wall Street background in investment banking, Bessent's career is rooted in hedge funds, and he wants to hire personnel who are more attuned to global financial markets rather than rely on career economists in his decision-making.
