When it comes to cryptocurrency, Trump's youngest son has become his father's inspiration. Today, the New York University (NYU) sophomore has already amassed a vast fortune before turning 20. At the January presidential inauguration, Barron made a rare public appearance at his father's introduction, drawing cheers. Photo credit: ANGELA WEISS/AFP/GETTY IMAGES Original title: “Why 19-Year-Old Barron Trump Is Worth $150 Million” “I have a very tall son named Barron. Has anyone heard of him?” Donald Trump jokingly asked at an inaugural event in January. His youngest son, who is about 2.03 meters tall and rarely appears in public, stood up and waved to the crowd. "He said, 'Dad, you have to go on Joe Rogan's podcast,'" Trump boasted proudly, saying that Baron's insights helped him win more young voters.
Trump also said that thanks to his 19-year-old son, he learned some knowledge about cryptocurrency, which has become a key source of the rapid growth of his family's wealth. Barron taught his father what a “wallet” was and, less than two months before the 2024 presidential election, he, his father, and his brothers founded World Liberty Financial, a cryptocurrency company. For most people, it wouldn’t be wise to persuade their parents to invest in cryptocurrency, but most parents have no chance of being elected president—Barron, on the other hand, saw World Liberty explode after his father won the election. According to Forbes estimates, the deal has increased the Trump family's wealth by more than $1.5 billion, of which about 10% ($1.5 billion) belongs to Barron. Barron was born in 2006 and is Trump's son with his third wife. He was only nine years old when his father announced his presidential candidacy at Trump Tower in 2015. Compared to other presidential children, Barron has maintained the lowest profile. Months after his father took office in 2017, he moved to Washington, D.C., and reportedly attended a private school in Maryland, where annual tuition costs more than $50,000.
According to the 2020 biography "The Art of Her Deal," Melania renegotiated her prenuptial agreement in 2018 to secure better inheritance terms and greater involvement in the family business for her son. Since his father's first presidency, Barron has not only grown taller, but also richer. Image source:CHRIS KLEPONIS/POOL/GETTY IMAGES
In September 2024, DT Marks Defi LLC, which holds shares in the Trump family's World Liberty, obtained a total of 22.5 billion crypto tokens called $WLFI.
Trump will promote World Liberty and authorize the project to use the Trump brand name. In return, DT Marks Defi LLC will also receive a commission after World Liberty realizes its first $15 million in revenue. According to financial disclosure documents filed by Trump as president, he owned 70% of DT Marks Defi LLC as of the beginning of this year, and his family held the remaining 30%. Sons Eric, Don Jr., and Barron are listed as co-founders. If the three of them divide the 30% shares equally, each will get 10%. Of course, subsequent agreements may also reduce their Initially, this 10% stake was unremarkable. World Liberty tokens could not be resold or transferred after purchase, and sales were mediocre. After Trump won the election, cryptocurrency entrepreneur and billionaire Justin Sun announced a $75 million investment in the project (perhaps not coincidentally, the Securities and Exchange Commission suspended its investigation into Sun in February 2025, after Trump took office). Sales took off almost immediately. According to data disclosed by the company and its clients, by August 2025, World Liberty had sold approximately $675 million worth of tokens. Baron's after-tax profit was approximately $38 million. In March of this year, World Liberty announced the launch of another product - a stablecoin pegged to the US dollar, USD1. The market capitalization of the coin is about $2.6 billion, which means that the operating company behind it is valued at about $880 million. An entity affiliated with the Trump family appears to own about 38% of the project, with Barron's share estimated to be worth about $34 million.
Then in August, World Liberty reached an agreement with Alt5 Sigma, a publicly traded medical company that was trying to transform into a cryptocurrency treasury company. Under the agreement, Alt5 exchanged 1 million shares, 99 million warrants (which will become worthless if the stock price continues to fall below $7.50; as of October 2, the stock price was $2.78), and 20 million warrants with a higher exercise price for Alt5. Alt5 also used previously raised funds to purchase $717 million worth of World Liberty Financial tokens, of which more than $500 million flowed into the Trump family company, and Barron received approximately $41 million after tax.
In addition, Barron also holds approximately 2.25 billion World Liberty tokens, which represents 10% of the 22.5 billion tokens originally allocated to Trump family-affiliated companies. Forbes initially valued the tokens at $0 because they could not be resold. But in August 2025, token holders voted to unlock 20% of the tokens (excluding those held by the founders), with further votes to be held in the future on whether to unlock the remaining tokens and allow the Trump family and their investment partners to trade their tokens. The small number of tokens currently circulating in the market is priced at approximately $0.20 per token, but because the founders' holdings are still locked up, Forbes still significantly discounts their valuation. Overall, Baron's 10% stake in the tokens is currently valued at approximately $45 million.
Combining all the assets mentioned above, Barron's net worth is slightly more than 150 million US dollars, which is by no means a small amount for a 19-year-old sophomore. Barron has no other known assets, but with this wealth alone, he could pay the $67,430 annual tuition at NYU Stern School of Business more than $2,200. Dan Alexander reports additionally.
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