While little has been reported about his wealth, a look at Bessent's winning bets while working in finance offer some insight into how me made his fortune.

Scott Bessent, Donald Trump's pick for Treasury Secretary, is a veteran Wall Street executive who advised Trump during his presidential campaign and has praised his economic agenda of tariffs, lower taxes,

Scott Bessent is a billionaire hedge fund manager and an advocate for deficit reduction. He had worked for macro investment billionaire George Soros and noted short seller Jim Chanos.