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Aug

07

Mnuchin Made at Least $15 Million on Entertainment, Real Estate

By Tony Seruga

Ethics agreement made Treasury chief sell dozens of assets
Asset sale prices could have reached as much as $53 million

U.S. Treasury Secretary Steven Mnuchin made at least $15 million from his entertainment and real estate interests that he sold to comply with federal conflict of interest rules, according to a filing released Monday.

Mnuchin, a former Goldman Sachs Group Inc. executive and hedge fund manager, made the sales in May, according to the transaction report, which was released by the Treasury Department. Ethics rules don’t require disclosure of buyers’ identities, and the reports show the sale prices only in broad ranges. According to the filing, Mnuchin could have made as much as $53 million on the sales…

Mnuchin Made at Least $15 Million on Entertainment, Real Estate

Categories : Real Estate

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