If Trump does indeed pick Steven Mnuchin and Wilbur Ross then three of those 500 billionaires are in Trump's administration, and the rest picked so far are either multi-millionaires or just plain millionaires.
A government of the people, for the people and by the people?
In many ways, the Trump administration represents the fusion between the two, with prominent members of the financial aristocracy, including three of the 500 or so US billionaires—Trump, Ross and DeVos—taking leading positions in the nation’s capital.
Every non-billionaire cabinet appointment announced by Trump is a millionaire or multi-millionaire. These include Senator Jeff Sessions, Representative Tom Price, Elaine Chao and, of course, Mnuchin, a former partner at Goldman Sachs worth upwards of $50 million.
[source : Trump forms a Wall Street government to attack health care and workers’ rights, World Socialist Web Site, http://www.wsws.org/en/articles/2016/11/30/lead-n30.html, 30th November 2016]