Trump’s Border Wall Spending Creates a New Billionaire Family

March 18, 2026, 9:30 AM UTC

The biggest beneficiary so far of the Trump administration’s roughly $171 billion immigration spending blitz is a third-generation family business that specializes in sand and gravel.

Since President Donald Trump signed the One Big Beautiful Bill into law on July 4, Fisher Sand & Gravel Co. has won more than $8 billion in contracts from the Department of Homeland Security to design and construct segments of Trump’s long-touted wall on the southern border. The awards account for nearly one-fifth of the money DHS has agreed to spend over that timeframe, during which its three largest contracts — ranging from $1.5 billion to $1.7 billion each ...

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