Wilbur Ross

Wilbur Ross1 post

Wilbur L. Ross, Jr. is an American investor, born in Weehawken, New Jersey, in 1937. He is known for restructuring failed companies in industries such as steel, coal, telecommunications, foreign investment and textiles. As of August 2014, Forbes magazine lists Ross as one of the world’s billionaires with a net worth of $2.9 billion.

24 Nov, 2016

Source: Ross chosen as Commerce secretary


A senior transition official says that Ross, a billionaire, is Trump’s pick for Commerce secretary. If chosen, Ross would oversee nearly 47,000 employees and a budget of roughly $8 billion. The department represents the interests of U.S. businesses domestically and abroad as the head at Commerce. His department would be among those tasked with carrying out the Trump administration’s stated goal of protecting U.S. workers and pushing back against globalisation.

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