Scott Bessent

Hedge fund manager

American Conway, South Carolina

Quick Info

ProfessionHedge fund manager
NationalityAmerican
Date of Birth21/08/1962
Age63 years
BirthplaceConway, South Carolina
HometownConway, South Carolina

Latest News about Scott Bessent

27/01/2025

The U.S. Senate confirmed Scott Bessent as the 79th Secretary of the Treasury on January 27, 2025, with a 68-29 vote following his nomination by President-elect Donald Trump. Bessent, a veteran hedge fund manager, was selected to lead the Republican economic agenda focused on tax cuts, deregulation, and tariffs. He was sworn in the following day on January 28, 2025, becoming the first openly gay person to hold the position.

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Bio/Wiki

Full NameScott Kenneth Homer Bessent
Religious ViewsChristianity - Huguenot Church Borna
Ethnicity
  • French Huguenot
  • Scottish
Sexual OrientationGay
Food HabitNon-vegetarian

Physical Stats & More

Height6' 1" (185 cm)
Weight65 Kg (143 lbs)
Eye ColorBlue
Hair ColorSalt & pepper

Educational Qualification(s)

SchoolNorth Myrtle Beach High School, South Carolina
College/UniversityYale College
DegreeBachelor of Arts (BA) in political science

Relationships & More

Marital StatusMarried
Affairs/Boyfriends
  • William Trinkle
  • John Freeman
Marriage Date2011

Family

FatherHomer Gaston Bessent Jr. (Real estate agent)
MotherBarbara Mc
Siblings2 Sisters - Paige, Wyn (Deceased in 2022)
SpouseJohn Freeman
ChildrenSon - Cole, Daughter - Caroline

Career

OverviewScott Bessent has made significant strides in the financial sector as a hedge fund manager. His career began early, marked by an early job at the age of 9 and a stellar academic record, graduating from Yale with a BA in political science.
Notable Positions
  • Internship with Jim Rogers
  • Worked at Brown Brothers Harriman and Kynikos Associates
  • Joined Soros Fund Management in 1991, leading the London office
  • Founded Bessent Capital with a $1 billion hedge fund
  • Returned to Soros as Chief Investment Officer
  • Founded Key Square Group in 2015
  • Chief Investment Officer of Soros Fund Management (2011-2015)
  • Adjunct professor at Yale University teaching economic history (2006-2010)
  • U.S. Treasury Secretary (sworn in 28/01/2025)
Achievements
  • Instrumental in earning Soros Fund Management $1 billion in 1992 by betting against the British Pound
  • Launched Key Square Group with significant investments and notable returns
  • Became U.S. Treasury Secretary in 2025, becoming the first openly gay person to hold this position
  • Key role in Soros Fund Management's $3.5 billion profit on Abenomics trade (2012-2015)
Political Involvement
  • Supported various political figures and hosted fundraisers for both parties
  • Worked on economic policies and trade strategies as Treasury Secretary
  • Shifted support to Republican candidates post-2015, including major donations and fundraisers for Donald Trump in 2024

Some Lesser Known Facts

1. Born into a wealthy family with a history of affluence for over 250 years.
2. His mother was married five times and his biological father faced bankruptcy.
3. Bessent began his career at a very young age and was voted 'most likely to succeed' in high school.
4. He aspired to attend the U.S. Naval Academy but refrained due to his sexual orientation at the time.
5. Graduated with a political science degree while actively participating in university leadership roles.
6. Established Bessent Capital, which unfortunately shut down due to strategic incompatibilities.
7. Returning to Soros, he garnered significant profits and made influential financial decisions.
8. Resides in Manhattan with his spouse and two children.
9. Member of the Council on Foreign Relations and Economic Club of New York.
10. Trustee of Rockefeller University, chairing the investment committee.
11. Created the McLeod Rehabilitation Center at the Shriners Children’s Hospital in Greenville, South Carolina.
12. Member of the French Huguenot Church in Charleston.
13. Supported the Harlem Children's Zone in New York City.
14. Member of the Yale University Council and Classical American Homes Preservation Trust.
Information on this page is collected from public sources and may not be 100% accurate. Report an error
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