Under the dazzling halo of the Trump family, 19-year-old Barron Trump was once the most mysterious and low-key figure. However, with his remarkable achievements in the cryptocurrency field, this young “star second generation” has become a new millionaire in the American crypto world, earning nearly $40 million in just nine months and writing a remarkable wealth legend.
Long before Trump was puzzled by the concept of cryptocurrency wallets, Barron was already deeply immersed in the world of cryptocurrencies. Last September, Trump revealed in an interview: “Although Barron is young, he has a deep understanding of this field. He has four cryptocurrency wallets, while I still need to ask what a wallet is.” This statement not only highlights the generational difference in understanding between father and son but also reveals Barron’s head start in the cryptocurrency space.
As the Trump family announced the establishment of the DeFi project “World Liberty Financial (WLF),” Barron appeared as a co-founder and was awarded the title of “Web3 Ambassador.” This move marks the Trump Group's official entry into the Web3 sector, with the young Barron taking on significant responsibilities at the forefront of the family's cryptocurrency endeavors.
According to (Forbes), the token sales of World Liberty Financial have reached as high as $550 million. After deducting the initial costs of $30 million, the remaining profits will be distributed among shareholders. Trump himself holds 52.5% of the shares, while the remaining 22.5% is shared among family members. Based on this proportion, Barron and his two older brothers would share an estimated pre-tax profit of about $39 million, with a net worth expected to reach $25 million after taxes. This figure far exceeds the wealth that Trump's other children could reach at the same age.
However, Barron's rapid wealth accumulation has sparked widespread controversy and skepticism. The public's attention has turned to the sensitive topic of whether “presidential relatives use political influence for improper benefits.” Historically, there have been numerous cases of White House relatives profiting from political and diplomatic resources, from the Clinton family to Hunter Biden, and Barron's cryptocurrency wealth myth is undoubtedly a new version in the Web3 era. More concerning is the ambiguity in the family’s stockholding arrangements disclosed in Trump's financial documents, raising further public doubts about the unclear boundaries between family interests and public office roles.
In terms of education, Barron also has an enviable background. After moving to the White House with his father in 2017, he attended St. Andrew's Episcopal School in the Washington area and the elite Oxbridge Academy in Florida, both with annual tuition exceeding $40,000. In 2024, Barron will enter the Stern School of Business at New York University, with fees reaching $99,000 per year, providing a solid foundation for his studies in business management. Reportedly, Melania renegotiated the prenuptial agreement in 2018 to secure more family inheritance and corporate participation rights for Barron, laying the groundwork for his current prominence in the business field.
From once being a low-profile teenager in the White House to now becoming the new spokesperson for the Trump business empire, 19-year-old Barron Trump has successfully attracted global attention with his impressive achievements in the cryptocurrency field. His wealth story reflects not only personal capability but also the profound influence of his family. Amidst the intertwining of controversy and glamour, Barron's future development will undoubtedly continue to be a focal point of public interest.