Donald Trump nominates billionaire investment banker Warren Stephens as the next British ambassador
President-elect Donald Trump has nominated billionaire investment banker Warren Stephens as the next US ambassador to the United Kingdom.
Stephens, 67, is chairman, president and CEO of Stephens Inc., a privately held financial services company headquartered in Little Rock, Arkansas.
The businessman who is reportedly worth more than $3 billion is a conservative megadonor and one of the richest men in Arkansas.
He will now have the opportunity to serve the United States from Winfield House, the palatial residence of the US ambassador overlooking Regents Park in London.
There was speculation that Trump would choose New York Jets owner Woody Johnson for the role for a second time, following his post in the first administration.
“I am pleased to announce that Warren A. Stephens, one of the nation’s most successful businessmen, has been nominated to serve as United States Ambassador to the Court of St. James’s, a role in which he will serve as our representative to Great Britain,” Trump said in a statement about his Truth Social.
“Over the past 38 years, Warren built a great financial services company as president, chairman and CEO of his company, Stephens Inc., while selflessly giving back to his community as a philanthropist.
“Warren has always dreamed of serving the United States full-time.
“I am thrilled that he will now have that opportunity as a top diplomat, representing the U.S. to one of America’s most cherished and cherished allies. Congratulations to Warren, his wife Harriet, their three children, Miles, John and Laura, and their six grandchildren!’
Donald Trump has nominated billionaire investment banker Warren Stephens as the next US ambassador to Britain. He is photographed with his wife Harriet at the 38th annual Arthur Ross Awards at The University Club in May 2019
Warren Stephens will stay at Winfield House, the palatial residence of the US ambassador overlooking Regents Park in London
Stephens was the top political donor in the state of Arkansas, donating $21.2 million to conservative groups in 2023 and 2024. The Arkansas Times reports this.
He wasn’t completely in Trump’s corner either.
Early on, he invested $1 million in the presidential campaign of former Akransas Governor Asa Hutchinson.
Hutchinson was one of a handful of anti-Trump candidates running in the 2024 Republican Party primaries.
In 2016, Stephens spent millions trying to keep Trump from winning the Republican nomination.