At 19 years old, Barron Trump, a sophomore at New York University's Stern School of Business, has taken a different "fast track to wealth" compared to his peers who save for living expenses through part-time jobs or gain experience through internships. His net worth has now exceeded $100 million.
Of course, this wealth story has nothing to do with late-night coding, venture capital, or starting a business from scratch; Barron's ace is much simpler and more direct: my presidential father.
Born in 2006, Barron is the only child of U.S. President Donald Trump and his third wife, Melania, making him the fifth and youngest child in the family.
Unlike his siblings, who often appear in the spotlight, Barron's upbringing has been relatively low-key. Even in today's social media era, Barron has almost no personal accounts and is rarely showcased on his parents' social media platforms. His public appearances are mostly limited to moving with his parents or attending family events, with media coverage often being brief and indirect. During Trump's first term, Melania made several adjustments to family arrangements to ensure Barron could complete his studies in a relatively calm environment.
In terms of education, Barron has attended elite schools such as a private school in New York, St. Andrew's Episcopal School in Washington, D.C., and Oxford Bridge Academy in Florida. After graduating in 2024, he entered New York University (NYU) in September and is currently a sophomore at the Stern School of Business.
As he has grown older, Barron has gradually begun to emerge in the family business landscape, with the most significant step being in the cryptocurrency field.
In 2024, the decentralized finance platform World Liberty Financial (WLFI) was founded, with Trump himself serving as honorary co-founder, and Barron along with his two brothers, Eric Trump and Donald Trump Jr., as co-founders.
The Trump family indirectly benefits from the cryptocurrency project WLFI through their holding company, Trump Marks Defi LLC. According to financial disclosures, as of the beginning of this year, Trump personally holds 70% of the company, with the remaining 30% distributed among the three brothers. Assuming they share this 30% equally, Barron owns 10%. The company received 22.5 billion WLFI tokens last September, of which Barron holds approximately 2.25 billion, currently valued at about $45 million.
After Trump won the election, WLFI token sales surged. By August, the project had sold approximately $675 million worth of tokens, with Barron's after-tax income around $38 million.
In March, WLFI launched the USD1 stablecoin, with a market cap of about $2.6 billion, and the Trump family holding 38%. It is speculated that Barron's earnings from this venture are around $34 million. Subsequently, WLFI reached a deal with the publicly traded company Alt5 Sigma, where Alt5 exchanged $750 million worth of WLFI tokens for stock and warrants, with over $500 million flowing to Trump's company, resulting in Barron's after-tax income of about $41 million.
Combining token sales, stablecoin projects, and trading profits, Barron's total income from WLFI has exceeded $100 million.
In addition to his involvement in the cryptocurrency field, Barron also aimed to venture into high-end real estate. However, based on current public information, this move seems to have not materialized.
In 2024, Barron co-founded "Trump, Fulcher & Roxburgh Capital Inc." with partners Cameron Roxburgh and Carter Fulcher, focusing on high-end real estate projects, including golf courses and luxury residences, primarily located in Utah, Arizona, and Idaho. However, the company announced its dissolution after the November 2024 presidential election and did not restart in the spring of 2025. According to Cameron Roxburgh, there are currently no plans to relaunch the project.
During the 2024 presidential campaign, Barron helped his father gain support among young voters. Trump's former social media manager, Jack Advent, recently suggested that Barron join the TikTok board, believing he could help the platform attract younger users and participate in its future development direction. However, Barron has not publicly responded to this proposal, and TikTok has not made any official comment.
Donald Trump Jr.
Net worth: Approximately $500 million
Core business:
Serves as Executive Vice President at the Trump Organization, responsible for real estate development and sales.
Co-founded the cryptocurrency mining company American Bitcoin, holding about 20% of the shares, which reached a market cap of $2.6 billion after going public on NASDAQ.
Participated in the establishment of Dominari Holdings, gaining underwriting qualifications for the New York Stock Exchange and NASDAQ, involved in SPAC (Special Purpose Acquisition Company) and financial services.
Holds shares in anti-"woke" economy-related businesses with Eric.
Eric Trump
Net worth: Approximately $750 million
Core business:
Serves as Executive Vice President at the Trump Organization, responsible for golf courses and hotel operations.
Holds shares in the cryptocurrency mining company American Bitcoin, which reached a market cap of $2.6 billion.
Participated in the establishment of Dominari Holdings, gaining underwriting qualifications for the New York Stock Exchange and NASDAQ, involved in SPAC and financial services.
Holds shares in anti-"woke" economy-related businesses with Donald Trump Jr.
Ivanka Trump
Net worth: Approximately $110 million
Core business:
Formerly served as Executive Vice President at the Trump Organization, responsible for branding and marketing.
Founded her own fashion brand, ventured into real estate development, and participated in various charitable projects.
Holds shares in the Trump Organization and other investment projects, maintaining a certain level of wealth.
Tiffany Trump
Net worth: Approximately $20 million
Core business:
Previously held a position at the Trump Organization, involved in branding and marketing.
Ventured into singing, releasing personal singles.
Invested in real estate and other projects with her husband, Michael Boulos.
At just 19 years old, Barron Trump has accumulated over $100 million in wealth through cryptocurrency projects like WLFI, while the business paths and political influence of Trump's other children also intersect.
U.S. Senator Elizabeth Warren has long expressed strong opposition to the Trump family's involvement in the cryptocurrency field. She believes that the Trump family is using its political position and government resources to promote cryptocurrency projects that benefit their own interests, constituting a clear conflict of interest. Warren has publicly stated, "This is blatant corruption."
The wealth grown under the protection of power is not only astonishing in numbers but also a product of the interaction between family strategy and social structure—a real-life "capital inheritance experiment" that prompts the outside world to scrutinize the boundaries between politics, wealth, and opportunity.
Related: When "issuing tokens" is no longer just about issuing tokens: Web3 is being reshaped by the "world's first" community-driven launch platform.
Original article: “Barron Trump, 19, Navigates the Crypto World—My Father is the President”
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