President-elect Donald Trump took a moment at his victory tour rally Thursday night to defend his selection of several billionaires and millionaires for his Cabinet. "One newspaper criticized me: 'Why can't they have people of modest means?'" Trump said, while speaking in Des Moines, Iowa. "Because I want people that made a fortune! Because now they're negotiating with you, okay?"
Trump has not yet finished making appointments, but already his Cabinet is shaping up to be one of the wealthiest ever. Trump's pick for commerce secretary, Wilbur Ross, is worth an estimated $2.5 billion; Betsy DeVos, who Trump tapped for education secretary, comes from a family worth $5.1 billion; and Trump's pick for head of the Small Business Administration, Linda McMahon, and her husband have an estimated net worth of $1.16 billion.
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Watch Trump make his case below. Becca Stanek