Barron Trump, now a sophomore at Stern Business School, has drawn attention for the staggering fortune he allegedly amassed through cryptocurrency ventures. According to a recent Forbes report, Barron’s net worth is estimated around $150 million, largely derived from token sales and locked crypto holdings. The report claims he has already realized $80 million in gains and continues to hold about 2.3 billion locked tokens, which, if unlockable under favorable market prices, could be worth up to $525 million.
The Trump family’s crypto enterprise — World Liberty Financial — reportedly sold tokens worth $550 million, with ownership stakes divided between family members. Donald Trump was said to hold 52.5%, an unnamed family member 22.5%, and the remaining 25% split evenly among Don Jr., Eric, and Barron (7.5% each). Under that formula, Barron’s share would have brought him roughly $39 million. After taxes (estimated at ~25%), about $15 million might be paid to the IRS. Forbes views the locked tokens conservatively due to their illiquid status.
Donald Trump has publicly credited Barron for being an early crypto advocate, saying Barron “knows so much about this … he talks about his wallet” and reportedly has “four wallets or something.” In the family’s “gold paper” — essentially a crypto white paper — Barron is named as a “Web3 ambassador,” a role he shares with his older brothers.
Despite his youth, Barron is being portrayed as a financial prodigy within the Trump enterprise, signaling that his wealth journey may just be beginning.
Do I think Barron Trump will go into politics?
It’s possible — and in many ways predictable. The Trump family is deeply enmeshed in politics, and wealth provides him both the resources and shield to pursue a public career. But it’s not certain. At 19, Barron has thus far focused on business, especially crypto, rather than electoral or activist roles. His reputation as a technophile and crypto player could position him more as a policy or finance figure than a traditional politician. If he does enter politics, he might initially serve behind the scenes (think campaign strategy, media, tech infrastructure) before seeking a public office.
In short: yes, there’s a good chance he’ll try—but when and how remains to be seen.