Donald Trump’s oldest children earned a couple million dollars a year working inside their father’s real-estate empire, according to Forbes’ estimates. Barron Trump appears to be earning much more, much faster.

A child during his father’s first term, Barron Trump has become a political advisor—and business partner—to the president. (Giorgio Viera/AFP via Getty Images)

Barron Trump was all in on cryptocurrency before his father knew hardly anything about it. “Barron knows so much about this,” the president said during an interview in September, when the Trump family launched a crypto venture named World Liberty Financial. “Barron’s a young guy, but he knows it—he talks about his wallet,” Trump added. “He’s got four wallets or something, and I’m saying, ‘What is a wallet?’”

In the nine months since, Donald Trump has made an estimated billion dollars or so on crypto—and his youngest son has done quite well, too. In fact, it’s possible that Barron Trump has earned nearly $40 million, leaving him with an estimated $25 million fortune after accounting for taxes. That appears to be much more money than his older siblings piled up at his age. Trump’s older children had small stakes in their father’s tower in Las Vegas, then his hotel in Washington, D.C. But none of that seems to have thrown off as much cash as the crypto craze, which provided Barron with an opulent welcome into the Trump family business.

World Liberty Financial’s “gold paper”—a Trumpified white paper—named Barron as a “web3 ambassador,” the same title given to Don Jr. and Eric Trump. All three are also listed on its website as cofounders along with four others. But for months it remained a complete mystery how much of a stake the Trump heirs received in the venture. On Friday, however, their father—dubbed “chief crypto advocate” in the gold paper and cofounder emeritus on the website—released a financial disclosure report, revealing that he held a personal stake of 52.5% and unnamed family members owned another 22.5%. The document does not detail the split among the family members. But if Don Jr., Eric and Barron shared equal stakes, each would have taken 7.5% of the overall venture—the exact same amount that Trump’s three eldest children held in his D.C. hotel.

How much money has World Liberty Financial thrown off so far? The venture sold at least $550 million of tokens, with everything after the first $30 million apparently flowing to the owners. Barron and his older brothers, therefore, could have received $39 million apiece before taxes. But there is one complication. The Trump family apparently sold a partial interest in the venture sometime around January 2025, a transaction that seems to have come after the cutoff date for the recent financial disclosure. Depending on exactly when the Trumps sold that stake—and for how much—Barron and his brothers could have come away with a different sum. Representatives of World Liberty Financial and the Trump Organization did not respond to requests for comment.

Regardless of Barron’s exact take, there is little question that, at age 19, he has already joined the long list of presidential relatives who have found ways to cash in on their proximity to power. He was just nine when his father famously descended the golden escalator inside Trump Tower to announce a presidential bid. Seventeen months later, Donald Trump won the election, moving into the White House in January 2017. Barron and Melania followed that summer. Once in Washington, he reportedly enrolled at St. Andrew’s Episcopal School in Potomac, Maryland, where tuition today runs upwards of $50,000 annually. His public appearances remained rare, but according to a biography of Melania published in 2020, she renegotiated her prenuptial agreement in 2018 to secure her son better inheritance terms and more involvement in the family business.

During his years out of the White House and out of the spotlight, Barron reportedlyattended Oxbridge Academy in West Palm Beach, Florida, which charges annual tuition of over $40,000. In September 2024, he enrolled in New York University’s Stern School of Business, which costs $99,000 per year. That same month, his father announced the creation of World Liberty Financial. Barron should not have any trouble affording tuition.

Disclaimer:

1. This article is reprinted from [Forbes*]. If there are objections to this reprint, please contact the Gate Learn team, and they will handle it promptly.
2. Liability Disclaimer: The views and opinions expressed in this article are solely those of the author and do not constitute any investment advice.
3. Translations of the article into other languages are done by the Gate Learn team. Unless mentioned, copying, distributing, or plagiarizing the translated articles is prohibited.