Howard Lutnick, billionaire CEO of Cantor Fitzgerald and BGC Group, has been named as the next Commerce Secretary by Donald Trump.
Lutnick survived the Sept. 11, 2001 attacks on the World Trade Center, but lost 658 employees, including his own brother. He is known for his charity through the Cantor Fitzgerald Relief Fund, which helps victims of the terrorist attacks and also natural disasters.
In August, Trump named him and Linda McMahon as co-chairs of his 2024 presidential transition team.
His net worth is said to be $1.5 billion.