Trump aide discloses $250 million in income
Commerce Secretary Howard Lutnick disclosed a financial disclosure in 2025 revealing at least $250 million in income and other proceeds. The majority of his earnings came from a $192 million tax distribution from the firm he founded, Cantor Fitzgerald. Additional income was reported from a Newmark partnership unit exchange ($19.6 million), BGC Group salary and bonuses ($14.1 million), and over $5 million from BGC restricted stock units.
Lutnick also made significant investments by selling at least $259 million worth of assets and purchasing $166 million in US Treasury securities and broad-market funds. Despite stepping down from various leadership positions in his former companies after joining the Trump administration, Lutnick remains among the wealthiest members of the President's Cabinet.
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