Betsy DeVos Earned At Least $56 Million While In Office Last Year

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Betsy DeVos Earned At Least $56 Million While In Office Last Year
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Education Secretary Betsy DeVos has earned at least $56 million while in office last year by mtindera07

The couple reported earning at least $12 million from several private equity funds. More than $6.5 million of that is listed as payments from funds managed by AEA Investors, a $15 billion firm founded by the Mellon and Rockefeller families. They also reported a $2.9 million payment from a holding company that is connected to AEA and owns a stake in the publicly-traded big box retailer At Home.

DeVos also reported a $10.1 million payment from a wholesale food distributor called Kehe Distributors Holdings located in Naperville, Illinois and a $5.2 million payment from what her disclosure describes as a custom cable manufacturer and distributor called Tyson Holdco. The couple’s reported assets are worth at least $470 million, according to the disclosure, which also lists asset values in broad ranges. A DeVos spokesperson could not be reached for comment. Last year,

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