US President Donald Trump’s youngest son, 19-year-old Barron Trump, has achieved surprising success by entering the cryptocurrency sector. According to a report by the American financial magazine Forbes, Barron has earned about $150 million (more than Rs. 1.5 billion) from the crypto business so far.
Barron is currently studying at New York University and is the co-founder of a cryptocurrency company, World Liberty Financial, with his father. This company was founded a few months before the 2024 US presidential election.
According to the report, 19-year-old Barron Trump taught his father the basics of cryptocurrency, what a wallet is, and how crypto works, and when Donald Trump was re-elected as US President, his company’s popularity and financial value increased tremendously.
According to estimates by the American financial magazine Forbes, the company’s success increased the Trump family’s wealth by $1.5 billion, of which Barron received 10% of the share.
Barron Trump was born in 2006 to Melania Trump. When his father ran for president in 2015, he was just nine years old and has remained a low-profile figure since then. However, when Trump became president in 2017, Barron went to Washington, D.C., to attend an expensive private school with annual fees of more than $50,000.
According to a book published in 2020, Barron’s mother, Melania, renegotiated the marriage contract at that time so that her son could get a better share of the family property and business.
In 2024, when Barron entered university, he officially became part of World Liberty Financial, which was his first major business venture, while another Trump family company, DT Marks DeFi LLC, holds 22.5 billion crypto tokens and also receives 75% of the company’s income. Donald Trump himself owns 70% of the company, while the remaining 30% is divided equally between his three sons, Eric, Don Jr., and Barron.
In the early days, the company’s tokens did not have much success because they could not be resold or transferred, but as soon as Trump won the election, crypto investor Justin Sun invested $ 75 million in the company, after which the company’s token sales accelerated. By August alone, the company had sold $ 675 million worth of tokens, after which Barron received a profit of about $ 38 million after taxes, which is a significant part of his current wealth.
This is Barron Trump’s first major business venture, which has not only brought him great financial benefits personally but has also seen a significant increase in the Trump family’s overall wealth.
