Barron Trump, the youngest son of the 47th President, is rumored to have made millions of dollars from the sale of crypto tokens associated with the Trump family’s venture into digital assets. According to a report by Forbes, the 19-year-old New York University student could have earned around $40 million, with $25 million remaining after taxes, from the sale of digital assets by World Liberty Financial, the Trump family firm established nine months ago following Barron’s persuasion of his father about the potential of cryptocurrencies.
During an interview in September after the launch of World Liberty Financial, the President mentioned Barron’s expertise in the field, stating that his son knows a lot about cryptocurrencies and even has multiple wallets. Barron is listed as a co-founder of the company alongside the President, Eric, and Donald Trump Jr.
World Liberty Financial has been a significant financial success for the family, as the company announced the sale of $550 million worth of tokens in March. A recent Office of Government Ethics filing by President Trump revealed that he made $57 million from token sales, with a 75% stake in his umbrella company, DT Marks Defi LLC.
Forbes suggested that Barron Trump owns a 7.5% stake in the Delaware-based umbrella firm, similar to his stake in the Trump Organization’s Washington, DC hotel. However, there is no direct evidence provided for these claims of Barron’s substantial digital windfall.
Barron’s name is not mentioned in the company’s SEC filing from last year, but other business partners in the venture include Middle East envoy Steve Witkoff and his son, Zachary. The President’s net worth has reportedly doubled since the start of his 2024 campaign, standing at over $5.4 billion according to an analysis by Bloomberg.
Despite initial skepticism about digital assets like Bitcoin, the President has since embraced cryptocurrencies, marking a significant shift in his stance on the matter. The Trump family’s foray into the world of digital tokens has proven to be a lucrative venture, with Barron Trump potentially reaping substantial financial rewards from his involvement in World Liberty Financial.
