- Kash Patel, Trump’s nominee to be FBI director, is worth more than $5.9 million.
- He made more than $2.6 million last year from consulting, paid speeches, and books.
- His clients included Truth Social, one of Trump’s PACs, and the Embassy of Qatar.
Kash Patel, President Donald Trump’s nominee to be the director of the Federal Bureau of Investigation, made more than $2.6 million last year.
According to a financial disclosure obtained by Business Insider ahead of its public release, Patel’s income came from a mix of consulting work, paid speeches, media appearances, and the proceeds from several books.
His total net worth is more than $5.9 million, according to a document filed with the Senate Judiciary Committee. All of Trump’s nominees are required to file public financial disclosure reports as they are considered by the Senate.
The bulk of Patel’s income, more than $2.1 million, came from consulting work. Trump Media and Technology Corp, the company that runs Truth Social, was among his clients. A filing with the Securities and Exchange Commission showed Patel’s annual compensation was $120,000, though his contract ended in March 2024.
Pam Bondi, Trump’s nominee for attorney general, has also been financially tied up with Truth Social, holding more than $3.9 million in stock in the company as of December.
Patel also listed Save America, Trump’s leadership PAC, as a client, along with the Embassy of Qatar and several other organizations.
He earned $306,000 last year from a series of paid speeches and media appearances, including $99,000 as a contributor to the Epoch Times and $20,000 for a May 2024 interview on “Our Watch With Tim Thompson.”
Writing books also proved to be lucrative for Patel. He earned between $100,000 and $1 million in royalties for his 2023 book, “Government Gangsters,” and between $45,000 and $150,000 for his “The Plot Against the King” children’s book series.
He also owns Elite Depot, a “fashion management company” based in the Cayman Islands, which is worth between $1 million and $5 million. A spokesperson for Patel did not immediately return a request for comment regarding the organization’s purpose.
Patel’s assets also include up to $100,000 in bitcoin, up to $250,000 in Nvidia stock, and up to $100,000 in Palantir stock. In 2024, he earned $8,000 in director’s fees from VK Integrated Systems, a weapons company.
Patel is among Trump’s most controversial nominees, owing to questions about his conduct during Trump’s first term, his promotion of conspiracy theories, and his extreme rhetoric.
Senate Minority Leader Chuck Schumer identified Patel this week as a nominee that Democrats believe they may have a shot at defeating. His first confirmation hearing took place on Thursday.
Read Patel’s full financial disclosure below:
Former Trump administration official Kash Patel, who was recently appointed as the chief of staff to the new FBI director, reportedly earned more than $2.6 million last year, according to financial disclosure forms.
Patel, who previously served as a top aide to Rep. Devin Nunes and on the National Security Council under President Trump, disclosed earnings from multiple sources, including consulting work, speaking engagements, and investments.
Critics have raised concerns about Patel’s financial ties and potential conflicts of interest, especially given his new role at the FBI. Some have questioned whether Patel’s lucrative earnings could influence his decision-making and priorities at the bureau.
The appointment of Patel, a staunch Trump loyalist, has also sparked controversy among lawmakers and watchdog groups, who have called for greater transparency and oversight in the hiring process for key positions in the federal government.
As Patel settles into his new role at the FBI, the public will be closely watching to see how his financial interests and political allegiances may impact his work at the nation’s top law enforcement agency.
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