Meet the Billionaires Using Their Immense Wealth to Make Life ...
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Trump is expected to pick, billionaireWilbur Ross as Sect'y of Commerce. That's 2 billionaires in the cabinet Ross helped shape the Trump campaign’s economic agenda, particularly its hard-line stance on the need to withdraw from free trade agreements. Ross built his fortune buying the distressed companies and then selling them quickly, making billions of dollars along the way.Perhaps his signature investment was the purchase of some of the nation’s largest steel mills in the early 2000s. The move was credited with saving manufacturing jobs, with the United Steelworkers calling Ross “a new ally” in news reports at the time. BUT, since then, many steel mills have shut down amid increased a glut of foreign production, much of it in China. Ross sold his steel conglomerate to what is now ArcerlorMittal in 2004 for about $4.5 billion.' REMEMBER : $ EQUALS ACCESS! Access IS THE power!