An explosive new report in Forbes, however, alleges that Ross stole quite a bit of that money from his partners. Former Trump administration cabinet member Wilbur Ross filed with the Securities and Exchange Commission (SEC) to form a $345 million special purpose acquisition company (SPAC). WL Ross & Co is a private equity company founded and based in New York by Wilbur Ross in April 2000. In 2005, Forbes magazine listed Ross as one of the world's billionaires for the first time. Secretary of Commerce Wilbur Ross defended the president’s move. Ross reportedly purchased this home from Adrienne Arsht in … September 2011 - WL Ross is one of five US and Canadian companies that purchase a 34.9% stake in the Bank of Ireland. Ross has recently faced legal questions into whether he properly divested his holdings in foreign shipping companies with business connections to nations embargoed by the U.S., which could create a possible conflict of interest. Ross is known as the "King of Bankruptcy” for his experience in buying bankrupt companies, primarily in the manufacturing and steel industries, … Ross has been chosen by President Elect Trump to be his Secretary of Commerce. Same for former Secretary of Commerce Wilbur Ross, who like Trump is a Palm Beach resident. ... Others in that cohort include Paul Ryan, the former speaker of the US House of Representatives, and Gary Cohn, a former Goldman Sachs executive who served as the chief economic advisor to President Donald Trump from 2017 to 2018. The House of Representatives voted to hold Commerce Secretary Wilbur Ross and Attorney General William Barr in contempt of Congress over their refusal to comply with subpoenas related to the effort to add a citizenship question to the 2020 census. A House committee issued a subpoena to Commerce Secretary Wilbur Ross, seeking documents related to 2020 Census data errors and delays. 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On February 16, six Democratic senators sent a letter to Wilbur Ross with questions about his Russia ties but the White House sat on his response. Wilbur Louis Ross, Jr. (born November 28, 1937) is an American politician, investor, businessman and former banker.Ross was the 39th United States Secretary of Commerce from February 28, 2017 to January 20, 2021 . Yesterday, I shared the New York City home of Wilbur and Hilary Ross which was decorated by Mario Buatta. A House committee issued a subpoena to Commerce Secretary Wilbur Ross, seeking documents related to 2020 Census data errors and delays. Commerce Secretary Wilbur Ross, here at a hearing in March 2019, has been accused by House Democrats of “repeatedly” withholding documents about errors related to the 2020 census results. Wilbur L Ross' houses (Google Maps). Ross was sworn into office on February 28, 2017. Ross' share is reportedly 9.3%. 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