# Kevin Warsh is the wealthiest person ever nominated to lead the central bank.

*business · news · 2026-04-27 · Barchart*

## Key points

- Kevin Warsh is the wealthiest Federal Reserve chair nominee ever, with assets up to $226 million.
- Warsh holds a stake in SpaceX, which is preparing for a record-breaking IPO valued up to $2 trillion.
- Warsh's financial assets span over 30 crypto and tech startups, a rarity for a Fed nominee.
- He plans to eliminate Fed forward guidance and accelerate shrinking the central bank's $7 trillion balance sheet.
- Warsh's hawkish stance signals likely no rate cuts in 2026, upending expectations for lower rates.

**Companies:** SpaceX, Polymarket, Tenderly, Lemon Cash, Cafe X
**Countries:** United States

[Read the full story on Barchart](https://www.barchart.com/story/news/1540194/the-100-million-man-what-the-richest-ever-fed-chair-nominee-kevin-warsh-with-investments-in-elon-musks-spacex-means-for-your-portfolio)

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