Fed Chair nominee Warsh is worth well over $100 million, documents show

MoneyWatch Fed Chair nominee Kevin Warsh is worth well over $100 million, new financial disclosure forms show .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Aimee Picchi Aimee Picchi Associate Managing Editor, MoneyWatch Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets including USA Today and Consumer Reports. Read Full Bio Aimee Picchi Updated on: April 14, 2026 / 12:53 PM EDT / CBS News Add CBS News on Google Kevin Warsh, President Trump's nominee to be the next chair of the Federal Reserve, has a net worth exceeding $100 million, making him far wealthier than outgoing Fed Chair Jerome Powell, according to a new financial disclosure form. Warsh, who is set to step into the Fed chair role in May, listed hundreds of investments, including stakes in a range of startups, such as AI research company Hebbia. His biggest disclosed holding: more than $100 million invested across two positions in the Juggernaut Fund LP, a hedge fund connected to the Duquesne Family Office, the private investment firm of billionaire investor Stanley Druckenmiller.By comparison, Powell's most recent financial disclosure form shows he is worth a minimum of $19.5 million, with his largest investments including S&P 500 index funds and a mutual fund focused on municipal bonds. In the filing, which covers the prior 12-month period, Warsh disclosed that he earned $10.2 million in consulting fees from the Duquesne Family Office, representing his most lucrative consulting contract during that period. The filing states that Warsh will stop consulting for Duquesne if he is confirmed to the Fed role, as well as divest several holdings, including his Juggernaut Fund investment.Warsh, a former Fed official, has worked for think tanks such as the conservative-leaning Hoover In...