Scaramucci still stands to profit from SkyBridge from the White House
Source: Politico
The newly named White House communications director has earned millions from ownership stake since last year, according to his financial disclosure.
By LORRAINE WOELLERT
07/26/2017 07:22 PM EDT
Anthony Scaramucci finally has his White House job, but he still stands to profit from an ownership stake in his investment firm SkyBridge Capital.
The incoming White House communications director earned $4.9 million from his ownership stake in SkyBridge in addition to more than $5 million in salary between Jan. 1, 2016, and the end of June, when he joined the Export-Import Bank, according to a financial disclosure filed with the Office of Government Ethics. The disclosure form hasnt been previously reported.
The disclosure highlights the extensive wealth Scaramucci has accumulated in his career much like many of Trumps other top advisers and Cabinet secretaries and also the challenge he faces in extracting himself from the potential conflicts his investments could pose.
The SkyBridge website continues to advertise Scaramucci as the firm's managing director, despite the fact that he has been a government employee for more than a month. A SkyBridge spokeswoman said Scaramucci stepped down from the executive post Jan. 17, when the companys sale was announced. He remained an employee of the firm, collecting a salary, until starting at Ex-Im last month.
Read more: http://www.politico.com/story/2017/07/26/scaramucci-trump-skybridge-profits-241006