Born in 2006, Barron is only 19 years old, but his net worth has already reached $150 million. Barron has been involved in co-founding a luxury real estate company, the Trump family's crypto project WLFI, and running for a senior position at TikTok...
On October 11, the crypto market flash-crashed, and many speculated at the time that Barron had shorted the crypto market, but the actual short-seller was Garrett Jin.
For details, see "The Mysterious Whale Behind the 1011 Flash Crash: Not a 'Trump Insider' But Him?"
Since Barron did not profit $190 million, this post-00s from the American First Family has a net worth of $150 million. This article explores how Barron earned his first pot of gold.
I. About Barron
Barron William Trump (born March 20, 2006) is the youngest child of U.S. President Donald Trump and the only child of Trump and his third wife, Melania Trump.
In June 2015, Barron attended Trump's presidential campaign announcement. Since the election, Melania has been "very protective" of Barron. He began attending the Oxbridge Academy in West Palm Beach, Florida, in August 2021, under Secret Service protection. He graduated from the Oxbridge Academy in West Palm Beach in May 2024.
In the presidential election, Barron played a significant role in helping Trump win over young voters. He attended Trump's victory speech following the 2024 presidential election and Trump's second inauguration.
In July 2024, Barron co-founded the real estate company Trump, Fulcher & Roxburgh Capital Inc. The company dissolved shortly after Trump's election victory.
In September 2024, Barron became a co-founder of the Trump family project World Liberty Financial.
In October 2025, Barron ran for a senior position at TikTok.
II. Following in His Father's Footsteps – Founding a Real Estate Company at 18
In July 2024, Barron founded a real estate company. It was dissolved on November 14, 2024 (just days after Donald Trump won the presidential election).
This seems to echo Trump's early business experiences in real estate. In 1971, Trump took over his father's residential real estate company. From there, a business empire spanning the United States and the globe was born, encompassing residences, luxury hotels, casinos, and golf courses. Trump's name became synonymous with this empire, laying the groundwork for his political rise.
Another partner in this real estate company was Barron's Oxbridge Academy classmate, Cameron Roxburgh. Cameron pointed out the reason for the company's dissolution after just four months: to avoid media attention during the election period. According to Cameron, the company was a high-end real estate development firm planning properties and golf courses in Utah, Arizona, and Idaho. Trump privately advised his son and endorsed the idea. However, Trump did not provide funding for the company. They planned to merge the company into the Trump Organization as a subsidiary.
But Barron's business debut does not appear to have been successful. In the United States, typical real estate development projects take at least 12-24 months from inception to profitability, meaning this quickly dissolved company never had time to enter the project execution or cash flow stage. There is also no public data indicating Barron made money from his real estate company venture.
III. Entering the Family Project – Becoming a WLFI Co-Founder
In September 2024, Barron became a co-founder of the Trump family project World Liberty Financial. It was the WLFI project that, while filling the Trump family's coffers, helped Barron rapidly accumulate substantial wealth, securing his first pot of gold.
DT Marks Defi LLC, the company holding the Trump family's stake in World Liberty, received a total of 22.5 billion crypto tokens named $WLFI in September 2024. In exchange for promotion and allowing the project to use the Trump name, the company also received 75% of World Liberty's revenue after the first $15 million in earnings. According to financial disclosures filed during Trump's presidency, as of the beginning of this year, he owned a 70% stake in Trump Marks Defi LLC. His family owned the remaining 30%. His sons Eric, Donald Jr., and Barron were all listed as co-founders, so assuming they split the 30% equally, each would have a 10% stake.
Initially, this 10% stake wasn't worth much. World Liberty tokens could not be resold or transferred once purchased, and token sales were mediocre. But after Trump won the election, WLFI sales improved immediately. According to data released by the company and its clients, as of August, World Liberty had sold approximately $675 million worth of tokens. Barron's after-tax income was about $38 million.
In March of this year, World Liberty announced another product: the USD1 stablecoin. USD1's market capitalization is approximately $2.6 billion, and the Trump family appears to hold a 38% share in the company. Barron likely earned around $34 million.
In August, World Liberty struck a deal with Alt5 Sigma, a listed healthcare company seeking to transform into a cryptocurrency fund management firm. As part of the deal, Alt5 exchanged $750 million worth of $WLFI tokens for 1 million shares of Alt5 Sigma stock, 99 million warrants, and 20 million warrants exercisable at a higher price. Alt5 used a large portion of the funds it raised to purchase $717 million worth of World Liberty Financial tokens, with over $500 million going to Trump's company and another approximately $41 million (after-tax) going to Barron.
For details, see "From Clinging to Trump to Circular Trading: How is the Capital Game Between ALT5 and WLFI Played?"
Barron also received approximately 2.25 billion World Liberty tokens, representing 10% of the 22.5 billion tokens initially acquired by Trump's company. Barron's 10% stake is now worth about $45 million.
All of this adds up to slightly more than $150 million, no small sum for a 19-year-old college sophomore. Barron has no other known assets, but this money is enough to cover his $67,430 tuition at NYU's Stern School of Business – over 2,200 times that amount.
IV. Running for a Senior Position at TikTok
As noted above, Barron helped Trump win over young voters. If Barron successfully secures a senior position at TikTok, it would also help ensure enhanced appeal for TikTok among young people.
According to an executive order signed by Trump in September: "TikTok US will be operated by a newly established joint venture. ByteDance will receive approximately 50% of the profits from TikTok's US operations."
Relevant content can be found in "Full Text of Trump Executive Order: Details of the TikTok US Divestiture Plan."
Trump said in a video: "For all you young people on TikTok, I saved TikTok, so you owe me a lot."
Jack Advent, former social media manager for Trump's 2024 presidential campaign, noted: "President Trump kept his promise and saved TikTok and the millions of Americans who use the app to run their businesses and get unfiltered news. TikTok's user base is overwhelmingly young. I hope President Trump will consider appointing his son Barron and other young Americans to the TikTok board to ensure it remains an app that young people want to continue using."
From real estate to cryptocurrency, to TikTok, with the business genes of his savvy father as a foundation and the limitless opportunities afforded by the family network, the business career of the chosen one, Barron, may just be beginning...
V. Appendix: Net Worth of Trump's Other Four Children
In 1982, Trump and his father made the inaugural Forbes 400 list of richest Americans, with a combined net worth of $200 million (equivalent to $660 million today). His first famous quote was: "Man is the most vicious of all animals, and life is a series of battles ending in victory or defeat." Decades later, with Trump in the White House, his family is monetizing those killer instincts in novel ways.
Jared Kushner and Ivanka Trump
Net Worth: $1 Billion; $100 Million
In January 2021, Kushner founded the private equity firm Affinity Partners. Leveraging relationships built during his time as a presidential advisor, Kushner raised $4.6 billion from backers in Qatar, Saudi Arabia, and the UAE and has invested over $2 billion in 22 companies. The firm is valued at approximately $215 million. Thanks to the funding from Affinity, plus his 20% stake (worth $560 million) in the family real estate firm Kushner Companies, Kushner is now a billionaire. The couple's property on Indian Creek Island, an elite enclave in Miami where Jeff Bezos lives, also helps. Since they bought the property in 2020, its value has more than tripled to approximately $105 million.
Eric Trump
Net Worth: $750 Million
The estimated net worth of second son Eric Trump last year was $40 million. He has made more money in crypto than any of his siblings. Much of that came from American Bitcoin, a crypto mining firm he co-founded in March, which went public in early September and briefly made him a billionaire. Eric's 7.5% stake was worth about $500 million. He also received roughly a 10% cut of the World Liberty Financial token sales. In May, he and his brother Don Jr. traveled to the Middle East, signing a deal to license the family brand for a golf resort in Qatar and other new ventures. As of July 2024, the brothers appeared to be splitting 20% of the profits from certain licensing deals.
Donald Trump Jr.
Net Worth: $500 Million
Don Jr. holds a small stake in American Bitcoin and serves as a co-founder of World Liberty. He and Eric formed a Special Purpose Acquisition Company (SPAC) in August and are looking for merger targets in tech, healthcare, or logistics. He's also a key player in the anti-woke economy, partnering with the self-described "anti-ESG" venture firm 1789 Capital and serving on the boards of the anti-woke, anti-abortion online platform Public Square, online gun retailer GrabAGun, and Truth Social's parent company. His wealth is up from last year's estimated $50 million.
Michael Boulos and Tiffany Trump
Net Worth: $20 Million; $10-20 Million
Michael's father is Massad Boulos, connected to companies like SCOA Nigeria and Boulos Enterprises. Relatively few public sources detail Tiffany's assets, and she hasn't been as consistently involved in the family business as her older siblings.
