Featured Image Credit: Kevin Lamarque - Pool/Getty Images
Topics: Donald Trump, Barron Trump, Politics, Money
Britt Jones
Topics: Donald Trump, Barron Trump, Politics, Money
Barron Trump has made a significant amount of money after dabbling in crypto, and now he’s worth a whopping amount.
Gone are the days of working 9-5, instead, you can invest and bring home the bank.
Right? Well, you can if you’re Donald Trump’s youngest son.
There isn’t much known about Barron, but what we do know is that he’s a very rich man at just 19 years old. After being named as a vital part of his dad’s presidential campaign, he found success in investment early.
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“I’ve got a very tall son named Barron. Has anyone ever heard of him?” Trump asked at an inauguration in January.
Tall is just putting it mildly, as he’s reportedly six-foot-eight. He was apparently vital to his dad landing many youth votes, with Trump saying: “He said, ‘Dad, you’ve gotta go out and do Joe Rogan.’”
With knowledge on the younger generation, it’s only natural that he might be technologically savvy too, which includes things like fintech, or trading.
According to Trump, Barron taught him some bits about crypto, and it's no surprise he knows his stuff as he cofounded the World Liberty Financial cryptocurrency company, with his dad and older brothers last year.
Having established the business two years before the election results came rolling in, the Trumps saw an explosion of success after Trump was named as the next president.
According to Forbes, the company ended up adding around $1.5 billion to the Trump family net worth, with $150 million going to Barron. This made Barron’s net worth jump by approximately $80 million.
As for DT Marks Defi LLC, the company that holds the Trump family’s stakes in World Liberty, it received 22.5 billion crypto tokens called $WLFI in 2024. The company also got around 75 per cent of the revenues after the first $15 million in earnings dropped.
Trump owns around 70 per cent of Trump Marks Defi LLC, as per financial disclosures he filed as president and his sons Eric, Don Jr., and Barron earn the rest, divvying out 10 per cent each.
Its success was offset with a $75 million investment by billionaire, Justin Sun, after Trump became president. By August, Forbes reported it sold $675 million worth of tokens, based data released, putting Barron's share at $38 million after tax.
World Liberty also launched USD1, with a market cap of around $2.6 billion. The Trumps own 38 per cent of the project, with Barron’s share around $34 million, as per Forbes estimates. The company has gone on to invest in other coins and deals, leading to over $150 million going to Barron, which is nothing short of a fortune anyone could happily live off for more than one lifetime.
It’s safe to say that he could well pay off his student debts and live like a king forever.
Obviously, people online have had some thoughts on this, stating that he invested his dad’s money and therefore, had no real investment risk in the venture. But if you could invest with someone else’s money and not have to pay it back, would you?