Barron Trump cryptocurrency: Barron Trump becomes a crypto millionaire? Bombshell report claims he raked in around $40 million
In the nine months since, President Trump has made an estimated billion dollars or so on crypto—and his youngest son has done quite well, too. In fact, it’s possible that Barron Trump has earned nearly $40 million, leaving him with an estimated $25 million fortune after accounting for taxes, reports Forbes.
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Did Barron made millions from Trump’s crypto firm?
The 19-year-old New York University student stood to earn a hefty $40 million — roughly $25 million after taxes — from the sale of digital assets by World Liberty Financial, the Trump family venture launched nine months ago, reportedly at Barron’s urging after he convinced his father of cryptocurrency’s potential, as per reports.
“Barron knows so much about this,” Trump said during an interview in September after the launch. “Barron’s a young guy, but he knows it — he talks about his wallet. He’s got four wallets or something, and I’m saying, ‘What is a wallet?’”
World Liberty has proven to be a financial windfall for the family. In March, the company revealed it had generated $550 million in token sales. An Office of Government Ethics filing released by President Trump last week declared he had made $57 million from token sales.
The report also stated that the real estate magnate owns a 75% stake in his parent company, DT Marks Defi LLC, while the remaining 25% is held by unidentified “third parties.” Barron Trump is named as a “co-founder” of World Liberty Financial, along with his father and the president’s two eldest sons, Eric Trump and Donald Trump Jr.
Although Forbes did not provide concrete evidence to support its claim about Barron Trump’s significant digital earnings, it speculated that he holds a 7.5% stake in the Delaware-based umbrella company.
Forbes noted that this would be consistent with Barron’s reported ownership in the Trump Organization’s Washington, D.C., hotel, where he is also believed to have a 7.5% share. However, Barron’s name does not appear in the company’s sole SEC filing dated October 30 of last year.
Also identified as business partners in the venture are Middle East envoy Steve Witkoff and his son, Zachary.
An analysis by Bloomberg, the financial news outlet, estimates the president’s net worth has doubled since the start of his 2024 campaign, standing at just over $5.4 billion
Barron has already made a striking debut in the family business. Born during the rise of his father’s political career, Barron was just a child when “The Donald” descended the golden escalator of Trump Tower in 2016 to announce his presidential run.