Author: Deng Tong, Golden Finance

Born in 2006, Barron is only 19 years old, but his net worth has already reached $150 million. Barron has participated in the establishment of a luxury real estate company, the Trump family's crypto project WLFI, and has campaigned for senior positions at TikTok…

On October 11, the crypto market crashed, and many speculated that Barron had shorted the crypto market, but the real short-seller was Garrett Jin.

Since Barron did not profit $190 million, this post-2000s individual from America's first family has a net worth of $150 million. This article explores how Barron made his first pot of gold.

I. About Barron

Barron William Trump (born March 20, 2006) is the youngest child of U.S. President Donald Trump and the only child of Trump and his third wife, Melania Trump.

In June 2015, Barron attended Trump's presidential campaign announcement. Since the election, Melania has been "very protective" of Barron. He began attending Oxford Cambridge Academy in West Palm Beach, Florida, in August 2021, under the protection of the Secret Service. He is set to graduate from Oxford Cambridge Academy in West Palm Beach in May 2024.

During the presidential election, Barron played an important role in helping Trump appeal to young voters. He attended Trump's victory speech after the 2024 presidential election and Trump's second inauguration.

In July 2024, Barron co-founded the real estate company Trump, Fulcher & Roxburgh Capital Inc. The company was dissolved shortly after Trump's victory.

In September 2024, Barron became a co-founder of the Trump family project World Liberty Financial.

In October 2025, Barron campaigned for a senior position at TikTok.

II. Following in His Father's Footsteps - Starting a Real Estate Company at 18

In July 2024, Barron established a real estate company, which was dissolved on November 14, 2024 (just days after Donald Trump won the presidential election).

This seems to echo Trump's early business experiences in real estate. In 1971, Trump took over his father's residential real estate company. From there, a business empire spanning the U.S. and the globe was born, covering residential properties, luxury hotels, casinos, and golf courses. Trump's name became widely known, laying the foundation for his political rise.

Another partner in this real estate company was Barron's classmate from Oxford Cambridge Academy in Palm Beach, Cameron Roxburgh. Cameron pointed out the reason for the company's dissolution just four months after its establishment: to avoid attracting media attention during the election. According to Cameron, the company was a high-end real estate development firm planning to own properties and golf courses in Utah, Arizona, and Idaho. Trump privately advised his son and supported the idea. However, Trump did not provide funding for the company; they planned to merge the company into the Trump Group as a subsidiary.

But Barron's business debut does not seem to have been successful. In the U.S., typical real estate development projects usually take at least 12-24 months from inception to profitability, meaning this quickly dissolved company did not have time to enter the project execution or cash flow stage. Currently, there is no public data showing that Barron made any money from his real estate company career.

III. Entering Family Projects - Joining WLFI as Co-Founder

In September 2024, Barron became a co-founder of the Trump family project World Liberty Financial, which allowed the Trump family to amass wealth while helping Barron quickly accumulate a significant fortune, marking his first pot of gold.

The company DT Marks Defi LLC, which holds shares in the Trump family's World Liberty, received a total of 22.5 billion crypto tokens named $WLFI in September 2024. In exchange for promoting and allowing the project to use Trump's name, the company also received 75% of World Liberty's revenue after its first $15 million in earnings. According to financial disclosures submitted during Trump's presidency, as of early this year, he owned 70% of Trump Marks Defi LLC, with his family holding the remaining 30%. His sons Eric, Don Jr., and Barron are all listed as co-founders, so assuming they share this 30% equally, each would own 10%.

Initially, this 10% stake was not substantial. Once purchased, World Liberty tokens could not be resold or transferred, and token sales were generally modest. However, after Trump won the election, WLFI's sales situation improved immediately. According to data released by the company and its clients, by August, World Liberty had sold tokens worth approximately $675 million. Barron's after-tax income was about $38 million.

In March of this year, World Liberty announced the launch of another product: the USD1 stablecoin. The market cap of USD1 is approximately $2.6 billion, and the Trump family seems to hold a 38% stake in the company. Barron may have earned about $34 million.

In August, World Liberty reached an agreement with a publicly listed healthcare company named Alt5 Sigma, which is seeking to transform into a cryptocurrency fund management company. As part of the deal, Alt5 exchanged $WLFI tokens worth $750 million for 1 million shares of Alt5 Sigma stock, 99 million warrants, and 20 million warrants that can be exercised at a higher price. Alt5 used the substantial funds it raised to purchase $717 million worth of World Liberty Financial tokens, of which over $500 million flowed to Trump's company, and about $41 million (after tax) went to Barron.

Barron also received approximately 2.25 billion World Liberty tokens, accounting for 10% of the 22.5 billion tokens initially obtained by Trump's company. Barron's 10% stake is now valued at about $45 million.

All of this adds up to just over $150 million, which is not a small amount for a 19-year-old sophomore. Barron has no other known assets, but this money is enough to cover his $67,430 tuition at NYU Stern School of Business, more than 2200 times that amount.

IV. Campaigning for a Senior Position at TikTok

As mentioned above, Barron helped Trump win young voters, and if he successfully campaigns for a senior position at TikTok, it will also ensure that TikTok enhances its appeal among young people.

According to an executive order signed by Trump in September: "TikTok USA will be operated by a newly formed joint venture. ByteDance will receive about 50% of the profits from TikTok's U.S. operations."

Trump stated in a video: "For all the young people on TikTok, I saved TikTok, so you owe me a lot."

Jack Advent, Trump's former social media manager for the 2024 presidential campaign, pointed out: "President Trump has delivered on his promise to save TikTok and the millions of Americans who run businesses and access unfiltered news through the app. The vast majority of TikTok's user base is young people. I hope President Trump will consider appointing his son Barron and other young Americans to the TikTok board to ensure it remains an app that young people want to continue using."

From real estate to cryptocurrency to TikTok, with the business genes inherited from his father and the infinite opportunities provided by family connections, the chosen one Barron's business career may just be beginning…

V. Appendix: The Net Worth of Trump's Other Four Children

In 1982, Trump and his father made the inaugural Forbes 400 list of billionaires, with a combined net worth of $200 million (equivalent to $660 million today). His first famous quote was: "Man is the most ferocious of all animals, and life is a series of battles ending in victory or defeat." Decades later, Trump entered the White House, and his family is monetizing these killer instincts in innovative ways.

Jared Kushner and Ivanka Trump

Net Worth: $1 billion; $100 million

In January 2021, Kushner founded the private equity firm Affinity Partners. He raised $4.6 billion from supporters in Qatar, Saudi Arabia, and the UAE, leveraging relationships built during his time as a presidential advisor, and has invested over $2 billion in 22 companies. The company is valued at approximately $215 million. Thanks to Affinity's funding, along with his 20% stake in the family real estate company Kushner Companies (valued at $560 million), Kushner is now a billionaire. The couple's property in the elite residential area of Indian Creek Island in Miami has also contributed, with its value more than doubling since they purchased it in 2020, reaching about $105 million.

Eric Trump

Net Worth: $750 million

Last year, the net worth of second son Eric Trump was estimated at $40 million, and he has made more money in cryptocurrency than any of his siblings. Most of this funding comes from American Bitcoin, a cryptocurrency mining company he co-founded in March, which went public in early September and briefly made him a billionaire. Eric's 7.5% stake is valued at about $500 million. He also received about 10% of the revenue from World Liberty Financial token sales. In May of this year, he and his brother Don Jr. traveled to the Middle East to sign an agreement allowing the family business to use its brand at a golf resort in Qatar and to engage in other new ventures. As of July 2024, the brothers seem to have shared 20% of the profits from certain licensing agreements.

Don Jr. Trump

Net Worth: $500 million

Don Jr. holds a small stake in American Bitcoin and is a co-founder of World Liberty. He and Eric established a special purpose acquisition company (SPAC) in August, seeking merger targets in technology, healthcare, or logistics. He is also a significant participant in the anti-woke economy, collaborating with the self-proclaimed "anti-ESG" venture capital firm 1789 Capital, and serving on the boards of anti-woke, anti-abortion online platform Public Square, online gun retailer GrabAGun, and the parent company of Truth Social. His wealth has increased from an estimated $50 million last year.

Michael Boulos and Tiffany Trump

Net Worth: $20 million; $1-20 million

Michael's father is Massad Boulos, who is associated with companies like SCOA Nigeria and Boulos Enterprises. Tiffany's publicly available asset sources are relatively limited, unlike her siblings who have long been involved in the family's business operations.

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