Barron Trump's $40 million crypto windfall? Inside the shocking profits from his father's digital coin empire

Donald Trump's youngest son, Barron Trump, has reportedly made a significant fortune through cryptocurrency. At 19, Barron's crypto portfolio is valued at $40 million. He is a cofounder and 'Web3 ambassador' at World Liberty Financial.
Tired of too many ads?
Remove Ads
Barron Trump's $40 Million Crypto Portfolio
Trump Family's Crypto Power Play
Tired of too many ads?
Remove Ads
How Much Does Barron Own?
FAQs
At just 19 years old, Barron Trump, US president Donald Trump's youngest son, has quietly amassed a fortune that even surpasses what his older siblings made at the same age, due to his early leap into cryptocurrency and his role in the Trump family's latest venture, World Liberty Financial , as per a report.The youngest Trump, often kept out of the spotlight during his father's first presidency and even currently, was reportedly immersed in crypto before his father even understood it, as per Forbes. During a September 2024 interview, when the Trump family launched a crypto venture named World Liberty Financial, the US president had said at that time, 'Barron's a young guy, but he knows it—he talks about his wallet,' adding, 'He's got four wallets or something, and I'm saying, What is a wallet?," quoted Forbes.ALSO READ: Minnesota in shock as burglar hits late Senator Melissa Hortman's home days after she and husband were killed Since then, the US president has reportedly earned an estimated $1 billion from the venture, and Barron has also earned quite well from crypto, as per the report. Based on recent financial disclosures, it's estimated that Barron may have earned up to $40 million before taxes, leaving him with a potential $25 million fortune, reported Forbes.According to the report, World Liberty Financial's 'gold paper', which is a Trumpified white paper, has named Barron Trump a 'Web3 ambassador,' alongside his brothers Don Jr. and Eric, and all three are listed as cofounders of the crypto venture.For months, their exact stakes were unknown, but a recent financial disclosure from Donald Trump, who holds 52.5% of the company, revealed that other family members share another 22.5%, as per Forbes. Though the breakdown isn't specified, if split equally, Barron would own 7.5%, just like his brothers, according to the report.He's 19 years old and currently studying at NYU's Stern School of Business.He's listed as a cofounder and 'Web3 ambassador,' along with Don Jr. and Eric.

Try Our AI Features

Explore what Daily8 AI can do for you:

Learn with AIFact CheckingText to SpeechAI Summary

Related Articles

Mint

an hour ago

• Mint

Did Barron Trump earn $40 million from his dad's crypto venture? Report says 'much more'

During an interview in September, when the Trump family launched World Liberty Financial, a crypto venture, he had said his son Barron Trump was all in on cryptocurrency prior to him even knowing about it. Barron may have earned close to $40 million, resulting in an estimated net worth of $25 million after taxes and more than what his older siblings had accumulated at a similar age, according to Forbes. 'Barron knows so much about this. 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?" Trump had stated. Donald Trump has reportedly made around a billion dollars from cryptocurrency, and his youngest son has also seen considerable success in the space over the past nine months. Estimates suggest Barron may have earned close to $40 million, leaving him with a net fortune of about $25 million after taxes. While Trump's older children once held modest stakes in his Las Vegas tower and Washington, DC hotel, those ventures didn't generate nearly as much wealth as the crypto boom, which appears to have ushered Barron into the Trump family business. World Liberty Financial's 'gold paper', a Trumpified white paper, named Barron Trump as a 'Web3 ambassador", a title he shares with his brothers, Don Jr. and Eric Trump. All three are also mentioned as cofounders on the company's website, alongside four others. For months, however, the extent of the Trump heirs' ownership in the venture remained unclear. That changed on Friday, when their father, referred to as the 'chief crypto advocate' in the gold paper and cofounder emeritus on the site, filed a financial disclosure report. The document revealed that Donald Trump holds a 52.5% personal stake in the company, while unnamed family members collectively own another 22.5%. The document doesn't specify how that family stake is divided, but if Don Jr., Eric, and Barron split it evenly, each would control 7.5%, coincidentally, the same share each of Trump's three eldest children once held in his Washington, DC hotel. World Liberty Financial has generated significant revenue, selling at least $550 million in tokens, after the initial $30 million, the proceeds reportedly went to the owners. Based on that, Barron and his brothers may have earned around $39 million each before taxes. However, the Trump family appears to have sold part of their stake around January 2025, after the latest financial disclosure's cutoff, Forbes reported. The timing and value of that sale could affect how much each heir ultimately received. Neither World Liberty Financial nor the Trump Organisation responded to requests for comment. The report added regardless of Barron's exact earnings, it's clear that by age 19, he has joined the ranks of presidential relatives who have leveraged their political connections for financial gain. He was just nine years old when his father famously descended the golden escalator in Trump Tower to launch his presidential campaign. Donald Trump won the presidency 17 months later and moved into the White House in January 2017, with Barron and Melania joining him that summer.

Time of India

2 hours ago

• Time of India

Wall Street choppy, oil dips as US holds back from Mideast military action

Major Wall Street indexes closed lower on Friday while oil prices fell after U.S. President Donald Trump held back from immediate military action in the Israel-Iran conflict. All eyes remained trained on the Middle East one week after an initial Israeli assault drew Iranian retaliation. The U.S. imposed Iran-related sanctions a day after Trump said he might take two weeks to decide on further action. According to preliminary data, the S&P 500 lost 0.21%, while the Nasdaq Composite shed 0.49%. The Dow Jones Industrial Average, however, rose 38.47 points, or 0.09%, to 42,210.13. Stocks had been broadly positive at the open, and dipped in and out of negative territory during the session. Global benchmark Brent crude futures fell 2.3% to settle at $77.01 a barrel, but gained 3.6% in the week. Front-month U.S. crude - which did not settle on Thursday due to a U.S. holiday and expires on Friday - ended down 0.28% at $74.93, with a weekly gain of 2.7%. Live Events "Investors are a little bit nervous about buying stocks right in front of this situation and, more specifically, right in front of this weekend," said Rick Meckler, a partner at Cherry Lane Investments in New Vernon, New Jersey. The new sanctions target entities, individuals and vessels providing Iran with defence machinery, and were seen as a sign of a diplomatic approach from the Trump administration. "However, while Israel and Iran carry on pounding away at each other, there can always be an unintended action that escalates the conflict and touches upon oil infrastructure," PVM analyst John Evans said. European foreign ministers urged Iran to engage with the U.S. over its nuclear programme after high-level talks in Geneva about a potential new nuclear deal ended with little sign of progress. Europe's main bourses had ended their session a touch higher, following similar gains across Asia. MSCI's gauge of stocks across the globe fell 0.01% on the day. Gains on Hong Kong's Hang Seng, and South Korea's Kospi linked to newly elected President Lee Jae Myung's stimulus, had boosted Asian shares during that session. FED SPLIT Federal Reserve policymakers made their first public comments since Chair Jerome Powell said on Wednesday that borrowing costs were likely to fall this year, but that he expects "meaningful" inflation ahead as Trump's tariffs raise prices for consumers. The close split between governors on how to manage the risks was in full view as Governor Christopher Waller said the central bank should consider cutting as soon as the next meeting, while the Richmond Fed's Tom Barkin said there was no urgency to cut. Powell had also cautioned on Wednesday against holding on too strongly to the forecasts. Treasury yields fell after Waller's comments, and as concerns about the Middle East conflict supported demand for safe haven bonds. The yield on benchmark 10-year notes fell 2 basis points to 4.375%, from 4.395% late on Wednesday. Demand rose for the U.S. dollar, pushing the greenback to a three-week high against the yen. The dollar rose 0.03% against a basket of currencies including the yen and the euro, with the euro up 0.3% at $1.1528. The index is poised to rise 0.6% this week. Prices for gold, another traditional refuge, fell 0.13% to $3,365.91 and were poised for a weekly loss.

Time of India

2 hours ago

• Time of India

Gold poised for weekly loss as US delays decision on Middle East involvement

Synopsis Gold prices remained stable on Friday but are set for a weekly loss as President Trump delayed a decision on intervention in the Israel-Iran conflict. The U.S. central bank's steady interest rates also influenced the market, while safe-haven demand and central bank purchases are expected to support gold prices. Silver, palladium, and platinum experienced varied price movements.