Barron Trump, the youngest son of former U.S. President Donald Trump, is in the news for making a lot of money from cryptocurrency. At just 19 years old, Barron has reportedly made about $40 million (after taxes, about $25 million) through his work with a crypto company called World Liberty Financial.
Barron is a cofounder of the company and also acts as a āWeb3 ambassador,ā which means he helps promote and support the project online. The company has already raised over $550 million by selling its tokens (digital coins), and Barron owns 7.5% of it. This makes him richer than his older siblings were at his age.
Donald Trump even joked, saying, āHe talks about his walletā¦ I didnāt even know what a wallet was!ā (In crypto, a wallet is an app or device used to store digital money.)
World Liberty Financial is a decentralized finance platform, launched in late 2024. The Trump family controls 60% of the company and earns 75% of the money made from token sales. Trumpās financial documents show he made $57 million from this business.
Other big names like Steve Witkoff and his son Zachary are also involved in the company, helping it grow around the world.
Even though some information is still unconfirmed, many people believe Barron could become one of the youngest crypto millionaires in U.S. history. Whether itās because of smart planning or good timing, Barronās journey in the crypto world is just beginningāand many investors are paying attention.
What do you think?
Is Barronās crypto success just the start of something bigger for the Trump family in digital money.