Populist Rage Made Steve Bannon Filthy Rich

Source: Daily Beast | March 31 | Lachlan Markay, Asawin Suebsaeng

Self-styled man of the people Steve Bannon has used his hybrid network of political, Hollywood, and Wall Street connections to become very wealthy.

President Trump’s White House chief strategist Stephen Bannon disclosed a lucrative constellation of assets on Friday, shedding light on how the strident populist has leveraged his everyman, nationalist brand of politics into a formidable business.

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In documents filed with the Office of Government Ethics and made public by the White House, Bannon disclosed a net worth of between $9.5 million and $52.7 million. His income last year was between $1.4 million and $2.5 million.

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The lion’s share of Bannon’s 2016 income, nearly half a million dollars, came from his consulting company, Bannon Strategic Advisors. Prominent political entities with which Bannon is associated routed their payments to him through the consulting firm, the disclosure form shows.

Pro-Trump news website Breitbart News, data firm Cambridge Analytica, and advertising vendor Glittering Steel all paid Bannon through BSA last year. All three are supported financially by Republican mega-donors Robert and Rebekah Mercer, wealthy Trump backers and close Bannon allies who have bankrolled many of his private endeavors.

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