John Phelan

Reported Asset Values
$791M–$2.2B+

The data on this page comes from a financial disclosure filed by John Phelan, who was picked to be: Secretary of the Navy, Department of Defense. It is part of a collection of thousands of ethics documents ProPublica has been collecting from across the Trump administration.

Roles Outside Government

Officials are required to disclose paid or unpaid positions they hold or recently held outside the federal government, including roles as officer, director, trustee or employee. (Form 278e, Part 1)

OrganizationPosition heldEndnoteLine No.
John and Amy Phelan Family FoundationPresident, 12/2012 - Present1
Federal Enforcement Homeland Security FoundationMember, Board of Directors, 6/2008 - 12/20242
Spirit of AmericaMember, Board of Directors, 5/2018 - 12/20243
Third Option FoundationMember, Co- Founder, Chairman, Board of Directors, 6/2016 - 12/20244
Harvard Business SchoolMember, Board of Dean's Advisors, Major Gift Chair for Class of 1990, 6/2011 - Present5
Southern Methodist UniversityMember, Dedman College Executive Board, 10/2015 - Present6
London School of EconomicsMember, Advisory Board, Phelan US Centre, 6/2021 - Present7
London School of EconomicsMember, North American Advisory Board, 6/2007 - 12/20248
Aspen Art MuseumChairman; Member of Executive Committee, Finance Committee and Investment Committee; Foundation Board of Directors Committee, 10/2006 - 12/20249
Whitney Museum of American ArtMember, Executive Council Board of Trustees, Investment Committee, and Nominating Committee, 6/2005 - 12/202410
Citi Private BankMember, North American Client Advisory Board, 6/2018 - Present11
Fish & Wildlife Foundation of FloridaMember, Board of Directors, 10/2024 - 12/202412
Rugger Management LLCManaging Member, 4/2022 - Present13
Rugger Investments LLCManaging Member, 5/2022 - Present14
Rugger Capital LLCManaging Member, 5/2022 - Present15
Rugger Holdings LLCManaging Member, 4/2022 - Present16
Rugger Credit LLCManaging Member, 4/2022 - Present17
Rugger Special Opportunities LLCManaging Member, 4/2022 - Present18
Rugger Real Estate LLCManaging Member, 4/2022 - Present19
Rugger Art Investments LLCManaging Member, 4/2022 - Present20
Rugger Venture Capital LLCManaging Member, 10/2022 - Present21
Rugger La La Land Holdings LLCManaging Member, 5/2023 - Present22
Blue Marlin Holdings LLCManaging Member, 10/2003 - Present23
1902-1906 South Ocean Boulevard, LLCManaging Member, 2/2012 - Present24
Fishing Maestro, LLCManaging Member, 3/2012 - PresentLLC holds a personal boat.25
Hunting Maestro, LLCManaging Member, 9/2016 - PresentLLC holds a personal vacation home.26
PFI Resources, LLCManaging Member, 3/2017 - Present27
284 North Star LLCManaging Member, 9/2003 - Present28
Cap 2012 Holdings LLCInvestment Manager, 1/2013 - Present29
26North Partners GP LLCMember, Board Member, 10/2023 - Present30
AeCe ISA Ltd.Member, Board Member, 10/2023 - Present31
AeBe ISA Ltd.Member, Board Member, 10/2023 - Present32
JCP 2008 TrustTrustee, 3/2008 - Present33
The Andrew Teller, Jr. Exempt TrustTrustee, 4/2008 - Present34
The Andrew Teller, Jr. Nonexempt TrustTrustee, 7/2012 - Present35
The Andrew Teller, Jr. Primary TrustTrustee, 12/2010 - Present36
The Douglas P. Braff Exempt TrustTrustee, 4/2008 - Present37
The Jane B. Paquet Exempt TrustTrustee, 4/2008 - Present38
Southern Methodist UniversityMember, Endowment Investment Committee, 10/2015 - 12/202439
Employment Assets

Officials are required to disclose assets associated with their employment, including salary, retirement accounts, stocks, intellectual property and awards or prizes. (Form 278e, Part 2)

DescriptionValueIncomeIncome TypeEndnoteLine No.
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Employment Agreements

Officials are required to disclose agreements relating to other jobs, including what will happen with any small businesses they own during government service and any continued health care coverage, planned leaves of absence, severance or bonuses. (Form 278e, Part 3)

OrganizationAgreementEndnoteLine No.
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Compensation

Officials are required to disclose the sources of any compensation above $5,000 in a year. (Form 278e, Part 4)

OrganizationDescriptionEndnoteLine No.
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Spouse’s Assets

Officials are required to disclose their spouse’s assets, including salary and retirement accounts worth more than $1,000. (Form 278e, Part 5)

DescriptionValueIncomeIncome TypeEndnoteLine No.
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Other Assets and Income

Officials are required to disclose other assets and sources of investment income belonging to them, their spouse or their dependent children. These include annuities, bonds, cash, college savings plans, farms, precious metals, real estate, stocks, trusts and wills. (Form 278e, Part 6)

DescriptionValueIncomeIncome TypeEndnoteLine No.
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Transactions

Officials are required to disclose the purchase, sale or exchange of property or securities in excess of $1,000. Many top officials are required to file periodic transaction reports (278-T) within 45 days to disclose additional actions. This table combines transactions from regularly scheduled financial disclosures and periodic transaction reports. If the same transaction appears on multiple reports, we’re only showing it once. (Form 278e, Part 7 and Form 278-T)

DescriptionValueTransactionEndnoteLine No.
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Liabilities

Officials are required to disclose their liabilities totaling more than $10,000, as well as any linked to their spouse or dependent children. These include mortgages, credit card debt and student loans. The interest rates and loan repayment terms are also required. (Form 278e, Part 8)

CreditorDescriptionEndnoteLine No.
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