Treasury Secretary Scott Bessent lived in a $22 million estate in Charleston, South Carolina, that was a replica of Barbie's Malibu mansion.

What we found

Contradicts. The house is described as a historic 1840s-era residence built by John Ravenel, not a replica of Barbie's Malibu mansion, and no source mentions Barbie or a replica.[1][2][3]

Contradicts. The $22 million figure was an asking price ($22.25 million) when listed; the property later sold for about $18.25 million plus $3 million for furnishings, so the claimed $22 million estate value is not what sources report as the sale price.[3][4][5]

Supports. Sources place Bessent and his family in a pink Charleston mansion, the 'Pink Palace', until the family moved to Washington.[3][4][5][6]

Sources

6 sources: 6 not rated

1. 1SC native Scott Bessent on Trump's shortlist for Treasurypostandcourier.com · not rated · cited for: contradicts
2. 2Who is Scott Bessent? Here's the gay billionaire and treasury secretary backing Trump tariffsadvocate.com · not rated · cited for: contradicts
3. 3Trump's Treasury Secretary is highest-ranking out gay person in US historythepinknews.com · not rated · cited for: contradicts, supports
4. 4Scott Bessent - Wikipediaen.wikipedia.org · not rated · cited for: contradicts, supports
5. 5Scott Bessent, the wealthy gay Treasury Secretary | Newsmundoamerica.com · not rated · cited for: contradicts, supports
6. 6Why SC is proud Scott Bessent is Trump's treasury secretarythestate.com · not rated · cited for: supports

Where this claim was made

Said in 1 published post

• The MeidasTouch Podcast · Oct 27, 2026“He lived in a replica i kid you not in South Carolina, Charleston, of Barbie's Malibu mansion. He lived in pink Barbie's Malibu mansion, some 22 million dollar pink estate in Charleston”Post →

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