Scott Bessent's educational qualification, net worth and more

US Treasury Secretary Scott Bessent is all set to meet Chinese counterparts to discuss tariffs. This is the first time since US President Donald Trump sparked a trade war with stiff tariffs on imports, a formal talk will be held between the two countries. Bessent along with US Trade Representative Jamieson Greer will meet with their counterparts in Geneva in the most-senior known conversations between the two countries in months, the Trump administration announced Tuesday, AP reported.After plans for the talks had been announced, Bessent said on Fox News' "The Ingraham Angle" that as the US has engaged in negotiations with various trading partners, "China has been the missing piece."The current situation, he said, "isn't sustainable ...especially on the Chinese side." He added that current high tariff levels were "the equivalent of an embargo. We don't want to decouple. What we want is fair trade."Meanwhile, the Chinese Commerce Ministry on Tuesday confirmed the meeting between its vice premier and Bessent in Switzerland.Scott Bessent is the 79th Secretary of the Treasury of the United States and in this capacity he is to maintain a strong economy, foster economic growth and create job opportunities for all Americans. He served in the global investment management business for 40 years. Prior to this role, he served as Chief Executive Officer and Chief Investment Officer of Key Square Capital Management. He was also the Chief Investment Officer of Soros Fund Management. He was also an adjunct professor of economic history at Yale University. Born in 1962, in Conway, South Carolina, Bessent is of French and Scottish descent. He completed his schooling from the North Myrtle Beach High School. In 1984, he earned a Bachelor of Arts degree from Yale University. Apart from studies, Bessent was also the editor of a daily newspaper. He was also the Chairman of the 1984 Yale alumni fund.According to The Street, Bessent has a net worth of 500 dollar million, most of which come from his investment career. "His financial disclosure to the U.S. Office of Government Ethics prior to his confirmation as Treasury Secretary showed that he had assets — some of which he shared with his husband, former New York City prosecutor John Freeman — of at least $521 million," the media reported. As Treasury Secretary, Bessent earns an annual salary of $250,600.