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Young Donald Trump could obtain large paper gains from Kalshi equity or through related holdings

2026-06-27 02:04:07

Mars Finance News: On June 27, according to an FT report, when Donald Trump Jr. (the eldest son of Trump) joined the prediction market platform Kalshi as a strategic adviser in early 2025, he received approximately $300,000 in Kalshi equity at the time when the company’s valuation was less than $2 billion. Kalshi’s funding-round valuation last month rose to $22 billion, and it is reportedly in talks to raise funds as early as the third quarter of this year at an estimated valuation of about $40 billion, meaning Trump Jr.’s equity stake may already have generated significant paper gains. The report says that at the time, Trump Jr. did not invest his own money, but his shares were significantly diluted in Kalshi’s subsequent share issuance.

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