James Fishback, CEO of investment firm Azoria, has captured public attention in a proposal aimed at redistributing savings from governmental efficiencies in the form of stimulus checks.
Fishback’s proposed plan would distribute “DOGE Dividends” of $5,000 to each American tax-paying household, which President Donald Trump said on Wednesday was “under consideration.”
Per NBC News, Fishback has been serving as an advisor to DOGE.
Why It Matters
By leveraging savings identified by the Department of Government Efficiency (DOGE), which the agency alleges has saved an estimated $55 billion, Fishback says his proposal aims to enhance public trust in government while financially empowering American households.
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What To Know
The 30-year-old investment firm founder grew up as the child of a bus driver and a Colombian immigrant and dropped out of Georgetown University to establish a hedge fund at 21 years old, according to MarketWatch.
According to his LinkedIn profile, he started working for Greenlight Capital in 2021. In 2023, he founded the investment firm Azoria, where he now serves as CEO. He also serves as president and founder of the Incubate Debate, a non-profit organization that teaches high school students how to debate.
Notably, Fishback is in the middle of a lawsuit with Greenlight Capital. The firm has accused him of misrepresenting his role, and Fishback is countersuing for defamation.
Fishback was at Trump’s Mar-a-Lago this past December to launch Azoria Meritocracy ETF, an exchange-traded fund (ETF) set to invest in S&P 500 companies that don’t engage in diversity, equity and inclusion (DEI). He’s also been tied to ex-DOGE official Vivek Ramaswamy, appearing on Ramaswamy’s podcast in November.
As for how the “DOGE Dividend” proposal came to be, Fishback told Newsweek the idea emerged during his sleep.
“It came to me in a dream. I woke up and called our Head of Research at Azoria, and we drafted the proposal during a two-hour lunch at Capital Grille,” Fishback said.
Fishback’s proposal for “DOGE Dividends” links directly to his broader vision of a…
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