Get all your news in one place.
100's of premium titles.
One app.
Start reading
Fortune
Fortune
Ben Weiss

Most Americans own 1 life insurance policy. Why do incoming SEC chair Paul Atkins and his wife own 54?

Paul Atkins speaks at a conference. (Credit: David Paul Morris—Bloomberg/Getty Images)

Paul Atkins, President Donald Trump’s nominee to chair the Securities and Exchange Commission, is a financial omnivore. He has equity in Chinese tech giant Alibaba, holdings in crypto companies, and stakes in venture capital firms. And he also owns a bulging portfolio of life insurance policies: 54 to be exact, which he holds with his wife and family.

That’s according to a recent ethics disclosure, which must be completed by agency heads (Atkins will likely be confirmed as SEC chair this week), members of Congress, and other high-level officials.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.