John Phelan (businessman)
John Phelan (born 1964) is an American businessman, politician and art collector. Phelan is the co-founder and chairman of Rugger Management LLC. He is the co-founding partner and chief investment officer of MSD Capital.[1]
John Phelan | |
|---|---|
| United States Secretary of the Navy | |
Nominee | |
| Assuming office TBD | |
| President | Donald Trump |
| Succeeding | Carlos Del Toro |
| Personal details | |
| Born | 1964 (age 59–60) |
| Nationality | American |
| Children | 1 |
| Education | Southern Methodist University (BA) Harvard Business School (MBA) |
| Occupation | Businessman |
In November 2024, President-elect Donald Trump picked Phelan to be his United States Secretary of the Navy under his second administration.[2]
Business career
changeIn 1998, Phelan helped create MSD Capital, a private investment company to manage the capital of Michael Dell.[1] He also began working with Rugger Management LLC, a private investment company based in Palm Beach, Florida.[3]
In August 2024, Phelan hosted a private fundraising dinner for former President Donald Trump at their $38 million home in Aspen, Colorado during the 2024 presidential election.[4] People who went to the event included Texas Governor Greg Abbott, U.S. Representatives Byron Donalds and Lauren Boebert and former U.S. Senator Cory Gardner.[4]
U.S. Secretary of the Navy
changeOn November 27, 2024, President-elect Donald Trump picked Phelan to be his United States Secretary of the Navy under his second administration.[2]
Personal life
changePhelan earned a bachelor's degree in economics and political science at from Southern Methodist University in Dallas, Texas in 1986.[3] He later earned an MBA from Harvard Business School in 1990.[1]
In 2000, Phelan met his future wife Amy on a blind date.[5] They have a daughter, Makenzie Moon Phelan.[6]
References
change- ↑ 1.0 1.1 1.2 Science, London School of Economics and Political. "Introducing John Phelan". London School of Economics and Political Science. Retrieved 2024-10-04.
- ↑ 3.0 3.1 "John Phelan '86". www.smu.edu. Retrieved 2024-10-04.
- ↑ 4.0 4.1 Smith, David (2024-10-04). "Donald Trump's foul-mouthed migrant rant captured in private pitch to donors". The Guardian. ISSN 0261-3077. Retrieved 2024-10-04.
- ↑ Duffy, Abigail (2022-11-01). "Amy Phelan's Wonderful, Art-Filled World". Palm Beach Illustrated. Retrieved 2024-10-04.
- ↑ Vales, Ariadne (April 12, 2019). "Over the Moon with Makenzie Moon Phelan". The Extravagant. Retrieved 2024-10-04.
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