Trump Family Corp.: Barron Trump is a boy worth $150 million

Barron Trump, the 19-year-old son of the American president, may take a position on the board of directors of the social network TikTok. The news broke in mid-October in the British media after a comment by Donald Trump's former SMM manager to the Daily Mail. Jack Advent, 23, who in the past helped the White House chief of staff make hype content for the video platform, said that now that the social network had avoided closure thanks to the president, he should have put more young people, including Barron, on the board. The readiness with which the media picked up on this insignificant occasion is not so much about trust in the speaker, but more about confidence that the American president, who has never been shy about combining political and business interests, is quite capable of taking such a step. Oninvest continues its series of publications about how the president's children are capitalizing on their father's name. In the new material - about the youngest child of Donald Trump

In Donald Trump's first term as president, Barron's name rarely made news headlines. The focus was on Ivanka, the president's favorite"First Daughter of the United States," and her husband, Jared Kushner, who was an official White House adviser. Far less attention was paid to Ivanka's two older brothers, Donald Jr. and Eric, who were mostly busy looking after their daddy's real estate projects while he ran the country. Journalists didn't care about the politician's 10-year-old youngest son, apart from a scandal that broke in November 2016 when a standup comedienne pointed out that Barron might be autistic (a rumor the family vehemently denied). Other newsworthy occasions were hardly ever given by the boy. This was also due to his mother's efforts to keep him out of the public eye.

As Donald Trump's third presidential campaign began, Barron's visibility skyrocketed - he began attending his father's official events and meeting with voters - and while his father initially couldn't immediately give his son's exact age, he emphasized talking about the younger heir, noting his contributions to his own political successes.

It was Barron, according to the president, who helped him attract a younger electorate by participating in trendy podcasts - before that, the 78-year-old candidate had gravitated toward more traditional communication channels like TV and the press. As a result, the share of people aged 18-28 who voted for Trump in 2024 rose to 56% - up from 41% in 2020.

But Barron's contribution to the upgrade of his father's knowledge of the modern world did not end there: Trump-father did not think to hide the fact that it was his youngest son, and not his older and more experienced brothers, who introduced him to the world of digital currencies. Which means that it was Barron (albeit indirectly) who managed to turn his father into a billionaire.

"Barron knows so much about it," then-candidate Trump told me in September 2024. - "Even though he's young, he's into it, he talks about the wallet. He's got four of them or something. And I ask him, 'What's a wallet anyway?

Soon, Donald Trump had a pretty good idea of what a wallet was and how to make money with it. Founded in the same September 2024, crypto startup World Liberty Financial fired lightning fast and became the first brick in the vast empire of digital currencies the family now owns. Today, as the FT writes in its investigation, it includes digital cards, memcoins, stablecoins, tokens and a so-called decentralized finance platform - and all of them are linked to the president's family. Trump himself is referred to as the "first crypto president" and the industry has been called "hot," though things were different just 3 years ago:

"Bitcoin just seems like a scam. I don't like it because it's another currency competing with the dollar. I want the dollar to remain the world currency - I've always said that," the businessman told reporters between his two presidential terms.

Today, according to a very rough estimate by American Forbes, WLF alone has already added more than $1.5 billion to the Trump family. And 10% of that belongs to Barron's.

"Trump Marks Defi LLC owns the Trump family's stake in World Liberty. The financial statements Trump provides as president show that he owned 70% of the company, with the family owning the remaining 30%. The sons - Eric, Don Jr. and Barron - are listed as co-founders, which means they could each get about 10%," Forbes calculates.

In other words, 19-year-old Barron Trump may own assets worth $150 million. And that's just the tip of the iceberg: in another piece, Forbes points out that the younger Trump has 2.3 billion tokens, which, by convention, cannot be traded yet. At the moment when this becomes possible, at the current capitalization, the value of this package could be estimated at $525 million.

Forbes summarizes: the quiet Barron ends up with potentially far more capital than his older siblings at the same age, who at age 20 "only" owned stakes in two of their father's projects - hotels in Las Vegas and Washington, DC.

At the same time, young Barron is not only building up his passive capital through the family crypto business, but is also looking to pursue his own entrepreneurial projects. At least, that's how it may have seemed for a brief period in early 2025, when the media broke the news that Barron Trump was launching his own business. In the luxury commercial real estate industry, of course. By the time journalists became aware of Barron's first project, the firm had already been liquidated. It existed for only 4 months and was closed at the moment when Trump was declared the winner in the presidential race. But the media still managed to find out some details.

The official name of the company was Trump, Fulcher & Roxburgh Capital Inc.: Barron's took two people as partners. One of them is Cameron Roxburgh, a classmate of the president's son at an elite private school in Florida, there is no other information about the young man. The other partner is Carter Fulcher. He is a much more interesting character. According to the New York Post, Fulcher is an expert in luxury real estate (although he is only 20 years old.) His family owns a prominent real estate company in Idaho. Fulcher also has political connections: his cousin is Republican Congressman Russ Fulcher.

Such a short period of the firm's existence Roxburgh explained to journalists the unwillingness to attract too much media attention to the project during the active part of Trump's presidential campaign. But he promised that in the spring of 2025 the company will resume work (no information about this yet). The trio plans to acquire real estate and golf courses in Utah, Arizona and Idaho. And in the distant future - to become a "daughter" of the Trump Organization.

At the same time, Trump Sr. himself, according to the same Roxburgh, did not participate financially in his son's startup, but gave his son a couple of tips and generally supported the idea.

Perhaps Trump Sr. will really want Barron to follow in his footsteps - but not in business, but in politics. Supporters of the MAGA movement are certainly ready for such a development: in the U.S. you can already buy merch with the slogan "Barron Trump for President in 2044". During the 2024 campaign, supporters of Donald Trump came to official campaign events wearing T-shirts with the image of the youngest heir, and those who did not have time to prepare in advance could buy T-shirts, caps, badges and notebooks with his name on them on the spot.

When Barron first appeared at an official campaign event in April 2024, the room gave him a standing ovation and his father joked that "Junior is more popular than Eric and Don."

Sky News notes: it would seem that Barron does not look like someone who could be liked by supporters of the MAGA movement - he is too quiet, shy and thoughtful. But it turns out that in this behavior Trump supporters see signs of an "aristocratic upbringing," which, oddly enough, they like. Besides, the channel continues, Americans are generally accustomed to the idea of political dynasties - after all, they accumulate money and connections. Politicians' dynasties in American history were not only among the Democrats - remember the Kennedy clan - but also among the Republicans - the Bush family, for example.

Trump himself has never ruled out the possibility that his political career will be continued by one of his children. However, during the first presidential term, it seemed that the only possible candidate was Ivanka, his favorite daughter and the right hand of the head of the White House. In a recent interview with Time magazine, the politician frankly complained that his daughter did not want to go into politics:

"If she wanted to, she would be a superstar in politics. I think she's a very nice person. But she's very focused on her family. And that makes it a much more difficult situation," the White House chief said.

Responding in the same interview to a reporter's question about whether other family members have a chance at a political career, Trump said, "they're all [Don, Eric and Eric's wife Lara - Oninvest note] very capable people, because they have a name, a very good name."

Yet, as the New York Post notes, while listing all the competent and capable members of his family, the president never mentioned Barron.

This article was AI-translated and verified by a human editor