How Barron Trump became one of richest 19-year-olds in the world with $150 million fortune
Donald Trump's 19-year-old son is said to be worth a staggering $150 million.
The US president has credited his youngest son Barron - who is rarely seen in public despite being six-foot-eight - for helping him win younger voters during his run in.
Barron apparently convinced his dad, 79, who's got five children and eleven grandchildren, to appear on The Joe Rogan Experience last year, with the video racking up over 60 million views on YouTube alone.
Trump has also got Barron to thank for opening his eyes about the potential of cryptocurrency.
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He founded World Liberty Financial (WLFI) alongside his dad and brothers just two months before the 2024 election, and the company's value skyrocketed when Trump won.
In simple terms, WLFI earns the family money by holding tokens, profiting from price increases, charging transaction fees and attracting large investments.
And according to Forbes, the crypto business has already brought over $1.5 billion.
They report that Barron has pocketed around 10 percent of that amount, which equates to $150 million. So while Barron's tokens are not immediately liquid, they have contributed to his estimated net worth.
The token's value surged after early investors got returns of up to 15 times their initial investment, including a $2 billion deal with the Abu Dhabi state-backed fund MGX.
Barron is also said to hold equity in various Trump family businesses, including real estate holdings in Florida and New Jersey.
He has a lot of catching up to do with his father though, because as of September, Forbes estimated that the president's net worth is around the $7.3 billion mark.
But I'm sure Barron is getting along just fine.
During a December appearance on Fox & Friends, Melania Trump praised her son for having an impressive understanding of technology.
"I'm very proud of him about his knowledge, even about politics and giving an advice to his father," she shared.
"He knows his generation—because nowadays the young generation, they don’t sit in front of TV anymore. They’re all on the tablets. They’re on the phones."
The 55-year-old explained to the outlet in January how important it was for her to let Barron do his freshman year of college at New York University.
“He will come and visit, yes,” she said.
“I feel that children, we have them feel they are 18, 19 years old. We teach them, we guide them. And then we give them the wings to fly. And I always respect Barron's yes and no and what he likes to do, where he would like to be.”
Topics: Barron Trump, Donald Trump, Money, Cryptocurrency, Business, Politics
Anish Vij