Key Square Capital Management founder Scott Bessent was tapped late Friday by President-elect Donald Trump to be Treasury secretary, bringing a long track record from his time at Wall Street hedge funds.
Little has been reported about Bessent's personal wealth. And unlike hedge fund peers such as Ray Dalio and Ken Griffin, he doesn't appear on billionaire lists from Bloomberg or Forbes. But some details on his net worth will emerge later as he's required to divest certain holdings to avoid any conflicts of interest while Treasury chief.
