At 27, Howard Lutnick helped make $300 million; decades later, he reports $250 million in income as Trump’s Commerce chief

US Commerce Secretary Howard Lutnick reported at least $250 million in income and other proceeds in 2025, his first year in government. Decades earlier, Lutnick had helped Cantor Fitzgerald make about $300 million in profits by the time he was 27. Lutnick remains one of the wealthiest members of US President Donald Trump’s Cabinet, according to reports.