--- title: We Calculated the Net Worth of Donald Trump's Cabinet in Units of Taylor Swift description: Donald Trump’s presidential cabinet is the richest in modern history. But just how rich is the whole team compared to Taylor Swift? authors: - name: Matt Bemer url: https://money.com/author/matt-bemer/ at_money_since: 2015 articles: 3 covers: - Career Advice social: - https://x.com/mattbemer former_staff: true published: '2016-12-14T15:17:42.000Z' modified: '2016-12-14T15:17:42.000Z' section: Economy and Politics tags: - politics word_count: 423 canonical: https://money.com/donald-trump-net-worth-presidential-cabinet-compared/ type: Article source: structured-blocks --- > **Disclosure:** We research all brands listed and may earn a fee from our partners. Research and financial considerations may influence how brands are displayed. Not all brands are included. [Learn more](https://money.com/page/disclaimer/). ![161312_EM_SWIFTTRUMP2](https://img.money.com/2016/12/161312_em_swifttrump2.jpg) There’s no question about it: Donald Trump’s presidential cabinet is on track to be [the richest in modern history](https://www.washingtonpost.com/news/wonk/wp/2016/11/30/donald-trump-is-assembling-the-richest-administration-in-modern-american-history/). But just how rich are we talking here? Let's put it this way: If all of Trump's appointees are confirmed by the Senate, his cabinet will have a combined net worth roughly equivalent to 58 Taylor Swifts. Swift, [the highest paid musician of 2016](http://www.forbes.com/sites/zackomalleygreenburg/2016/11/30/the-worlds-highest-paid-musicians-of-2016/#47b0186f411d) according to Forbes, is worth an estimated $250 million—about the same as [George W. Bush’s first cabinet](http://www.telegraph.co.uk/news/worldnews/northamerica/usa/1321078/Multi-millionaires-make-Bushs-team-richest-in-history.html). Meanwhile, with the nomination of Exxon Mobil CEO Rex Tillerson as Secretary of State, the net worth of Donald Trump’s presidential cabinet jumps to about $14.5 billion, according to [CBS News and other reports](http://www.cbsnews.com/news/donald-trumps-cabinet-14-billion-of-wealth-and-counting/). Tillers isn’t even the wealthiest of the bunch. Todd Ricketts, Trump’s pick for deputy commerce secretary, has an estimated net worth of [$5.3 billion](http://www.cbsnews.com/pictures/donald-trumps-14-billion-cabinet/2/). And Betsy Devos, Trump’s choice for education secretary, is worth an estimated [$5.1 billion](http://www.cbsnews.com/pictures/donald-trumps-14-billion-cabinet/3/). Even though Trump promised to “[drain the swamp](http://www.foxnews.com/politics/2016/12/09/first-100-days-can-trump-really-drain-swamp.html)” of politicians, appointing billionaires and corporate leaders raises red flags. “The people \[Trump\] is picking are similarly little experienced and so business-oriented that it all raises the concern that they will allow their own business interests to drive public policy in the administration,” says Robert Spitzer, chairman of the political science department at SUNY in Cortland, N.Y., and author of four books on American presidents. This isn’t the first time a presidential cabinet has come under scrutiny for being well-heeled. Dwight D. Eisenhower—the last president to be elected without holding public office before Trump—installed a cabinet that was mockingly referred to as “[nine millionaires and a plumber.](https://www.dol.gov/general/aboutdol/history/dolchp05)” In 2012, Barack Obama appointed [Penny Pretzker](https://www.washingtonpost.com/politics/cabinets-rich-get--a-little-less-so/2013/04/09/57eb7566-a124-11e2-9c03-6952ff305f35_story.html?utm_term=.aff3283389d5) to Commerce. Pretzker was the first billionaire ever to be appointed to a cabinet position. So just how rich is this presidential cabinet? We compared the wealth of the wealthiest cabinets in modern history to Taylor Swift’s net worth to give you some context. **Dwight D. Eisenhower’s "nine millionaires and a plumber" was about 1/3 of Taylor Swift's net worth.** $9M in 1953 = $81M in 2016 ![taylorswift_4](https://img.money.com/2016/12/taylorswift_4.jpg?quality=85) **George W. Bush’s “cabinet of millionaires” was equivalent to Taylor Swift's net worth. **$250M in 2001 ![taylorswifttest_3](https://img.money.com/2016/12/taylorswifttest_3.jpg?quality=85) **Obama’s second presidential cabinet (after [Robert McDonald was appointed](http://www.nydailynews.com/news/politics/richest-members-obama-cabinet-article-1.1861803)) was 11 times richer than Taylor Swift.** $2.7B in 2014 ![taylorswifttest_3](https://img.money.com/2016/12/taylorswifttest_3.jpg?quality=85) ![taylorswifttest_3](https://img.money.com/2016/12/taylorswifttest_3.jpg?quality=85) ![taylorswifttest_3](https://img.money.com/2016/12/taylorswifttest_3.jpg?quality=85) ![taylorswifttest_3](https://img.money.com/2016/12/taylorswifttest_3.jpg?quality=85) ![taylorswifttest_3](https://img.money.com/2016/12/taylorswifttest_3.jpg?quality=85) ![taylorswifttest_3](https://img.money.com/2016/12/taylorswifttest_3.jpg?quality=85) ![taylorswifttest_3](https://img.money.com/2016/12/taylorswifttest_3.jpg?quality=85) ![taylorswifttest_3](https://img.money.com/2016/12/taylorswifttest_3.jpg?quality=85) ![taylorswifttest_3](https://img.money.com/2016/12/taylorswifttest_3.jpg?quality=85) ![taylorswifttest_3](https://img.money.com/2016/12/taylorswifttest_3.jpg?quality=85) ![taylorswifttest_3](https://img.money.com/2016/12/taylorswifttest_3.jpg?quality=85) **Donald Trump’s presidential cabinet nominees so far are 58 times richer than Taylor Swift. **$14.5B ![taylorswifttest_3](https://img.money.com/2016/12/taylorswifttest_3.jpg?quality=85) ![taylorswifttest_3](https://img.money.com/2016/12/taylorswifttest_3.jpg?quality=85) ![taylorswifttest_3](https://img.money.com/2016/12/taylorswifttest_3.jpg?quality=85) ![taylorswifttest_3](https://img.money.com/2016/12/taylorswifttest_3.jpg?quality=85) ![taylorswifttest_3](https://img.money.com/2016/12/taylorswifttest_3.jpg?quality=85) ![taylorswifttest_3](https://img.money.com/2016/12/taylorswifttest_3.jpg?quality=85) ![taylorswifttest_3](https://img.money.com/2016/12/taylorswifttest_3.jpg?quality=85) ![taylorswifttest_3](https://img.money.com/2016/12/taylorswifttest_3.jpg?quality=85) ![taylorswifttest_3](https://img.money.com/2016/12/taylorswifttest_3.jpg?quality=85) ![taylorswifttest_3](https://img.money.com/2016/12/taylorswifttest_3.jpg?quality=85) ![taylorswifttest_3](https://img.money.com/2016/12/taylorswifttest_3.jpg?quality=85) ![taylorswifttest_3](https://img.money.com/2016/12/taylorswifttest_3.jpg?quality=85) ![taylorswifttest_3](https://img.money.com/2016/12/taylorswifttest_3.jpg?quality=85) ![taylorswifttest_3](https://img.money.com/2016/12/taylorswifttest_3.jpg?quality=85) ![taylorswifttest_3](https://img.money.com/2016/12/taylorswifttest_3.jpg?quality=85) ![taylorswifttest_3](https://img.money.com/2016/12/taylorswifttest_3.jpg?quality=85) ![taylorswifttest_3](https://img.money.com/2016/12/taylorswifttest_3.jpg?quality=85) 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![taylorswifttest_3](https://img.money.com/2016/12/taylorswifttest_3.jpg?quality=85) ![taylorswifttest_3](https://img.money.com/2016/12/taylorswifttest_3.jpg?quality=85) ![taylorswifttest_3](https://img.money.com/2016/12/taylorswifttest_3.jpg?quality=85) ![taylorswifttest_3](https://img.money.com/2016/12/taylorswifttest_3.jpg?quality=85) ![taylorswifttest_3](https://img.money.com/2016/12/taylorswifttest_3.jpg?quality=85) ![taylorswifttest_3](https://img.money.com/2016/12/taylorswifttest_3.jpg?quality=85) ![taylorswifttest_3](https://img.money.com/2016/12/taylorswifttest_3.jpg?quality=85) ![taylorswifttest_3](https://img.money.com/2016/12/taylorswifttest_3.jpg?quality=85) ![taylorswifttest_3](https://img.money.com/2016/12/taylorswifttest_3.jpg?quality=85) ![taylorswifttest_3](https://img.money.com/2016/12/taylorswifttest_3.jpg?quality=85) ![taylorswifttest_3](https://img.money.com/2016/12/taylorswifttest_3.jpg?quality=85) ![taylorswifttest_3](https://img.money.com/2016/12/taylorswifttest_3.jpg?quality=85) ![taylorswifttest_3](https://img.money.com/2016/12/taylorswifttest_3.jpg?quality=85) And if that doesn't look like draining the swamp to you, then maybe you're [onto something](https://www.washingtonpost.com/news/reliable-source/wp/2016/12/13/incoming-commerce-secretary-buys-home-across-the-street-from-the-current-commerce-secretary/?tid=sm_tw&utm_term=.cc3971d71f5b). ```json { "@context": "https://schema.org", "@graph": [ { "@type": "BreadcrumbList", "@id": "https://money.com/donald-trump-net-worth-presidential-cabinet-compared/#breadcrumb", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://money.com" }, { "@type": "ListItem", "position": 2, "name": "Economy and Politics", "item": "https://money.com/economy-and-politics/" }, { "@type": "ListItem", "position": 3, "name": "Politics", "item": "https://money.com/politics/" }, { "@type": "ListItem", "position": 4, 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"https://money.com/#organization", "datePublished": "2016-12-14T15:17:42.000Z", "description": "Donald Trump’s presidential cabinet is the richest in modern history. But just how rich is the whole team compared to Taylor Swift?", "abstract": "Donald Trump’s presidential cabinet is the richest in modern history. But just how rich is the whole team compared to Taylor Swift?", "@id": "https://money.com/donald-trump-net-worth-presidential-cabinet-compared/", "inLanguage": "en-US", "dateModified": "2016-12-14T15:17:42.000Z", "wordCount": 423, "keywords": [ "politics" ], "about": [ { "@type": "Thing", "name": "Political economy", "sameAs": [ "https://en.wikipedia.org/wiki/Political_economy" ] }, { "@type": "Thing", "name": "Politics", "sameAs": [ "https://en.wikipedia.org/wiki/Politics" ] } ] } ] } ```