How to Get Rich in the 21st Century
A decade after becoming a billionaire, Steve Bannon is making a comeback, investing in a handful of brands and investing in startups.
Bannon was ousted from the White House in February 2017, after President Donald Trump fired former FBI Director James Comey.
In a statement, the president blamed Bannon for the ouster, calling it a “desperate” move to undermine the president’s political career.
“I am so disappointed in Steve, who lost the confidence of the American people,” Trump said in the statement.
“He was a great and talented man, but he failed to serve this country and its values.
He was not able to bring us together as a country, and he lost the trust of his people.
His behavior was inexcusable and it was a desperate attempt to undermine my presidency.”
Bannon, a former CEO of the conservative website Breitbart News, has made headlines with his own investments in tech startups and other products, like the clothing company Zara and his home remodeling business, Red Roofs.
He’s also been a vocal critic of President Donald J. Trump, who has faced criticism for his handling of the Russia investigation and the opioid crisis.
On Wednesday, the billionaire told the Financial Times that his business interests were in good health and that he would continue to pursue his philanthropic work.
He said that he was in talks with a number of philanthropic organizations about investing in their initiatives, but that he didn’t have a final decision on the issue.
The White House did not respond to a request for comment.