President-elect Donald Trump has announced the nomination of billionaire investment banker Warren Stephens as the United States Ambassador to the United Kingdom.
Stephens, 67, currently serves as chairman, president, and CEO of Stephens Inc., a financial services firm headquartered in Little Rock, Arkansas.
However, with a net worth exceeding $3 billion, Stephens is a conservative megadonor and a prominent figure in the financial sector.
In a statement on Truth Social, Trump praised Stephens as “one of the most successful businessmen in the country,” highlighting his achievements and philanthropy.
“Warren has always dreamed of serving the United States full-time,” Trump said, adding, “I am thrilled that he will now have that opportunity as the top diplomat representing the U.S.A. to one of America’s most cherished and beloved allies.”
If confirmed, Stephens will reside at the historic Winfield House in London, overlooking Regent’s Park, where he will lead diplomatic relations with the United Kingdom.
