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19-year-old Barron Trump: The "Billionaire Golden Boy" Rising in the Encryption Wave
Under the dazzling aura of the Trump family, 19-year-old Barron Trump was once the most mysterious and low-key presence. However, with his astonishing achievements in the encryption currency sector, this young "star second generation" has risen to become a newly minted millionaire in the U.S. encryption world, raking in nearly $40 million in just nine months and writing a remarkable wealth legend.
Back when Trump was still baffled by the concept of encryption wallets, Barron was already deeply immersed in the world of cryptocurrency. In an interview last September, Trump revealed, "Although Barron is young, he has a profound understanding of this field. He has four encryption wallets, while I still have to ask what a wallet actually is." This statement not only highlights the generational gap in understanding between father and son but also reveals Barron's first-mover advantage in the encryption field.
With the Trump family announcing the establishment of the DeFi project "World Liberty Financial (WLF)", Barron made an appearance as a co-founder and was awarded the title of "Web3 Ambassador". This move marks the official entry of the Trump Organization into the Web3 space, and young Barron has been entrusted with significant responsibilities, standing at the forefront of the family's encryption venture.
According to a report by Forbes, World Liberty Financial's token sales have reached $550 million. After deducting the initial cost of $30 million, the remaining profits are distributed among the 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 will split the profits, with an estimated pre-tax share of about $39 million. After taxes, the net worth is expected to reach $25 million. This figure far exceeds the wealth that Trump's other children could achieve at the same age.
However, Barron's sudden wealth has also sparked widespread controversy and skepticism. The outside world has focused on the sensitive topic of whether "presidential relatives exploit political influence for improper gain." Looking back at history, from the Clinton family to Hunter Biden, the son of Biden, there have been numerous cases of White House relatives profiting from political and diplomatic resources, and Barron's encryption wealth myth is undoubtedly a new version in the Web3 era. Even more concerning is that the financial documents released by Trump contain unclear family shareholding arrangements, once again raising public doubts about the ambiguity of the boundaries between his family's interests and his public role.
In terms of education, Barron also has an enviable background. After moving into 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, with annual tuition exceeding $40,000. In 2024, Barron entered New York University's Stern School of Business for further study, with costs reaching up to $99,000 per year, providing a solid foundation for his business management education. It is reported that Melania renegotiated the prenuptial agreement in 2018 to secure more family inheritance and business participation rights for Barron, which laid the groundwork for his current emergence in the business field.
From the once low-profile son of the White House to the new spokesperson for Trump's business empire, 19-year-old Barron Trump has successfully attracted global attention with his impressive achievements in the encryption currency field. His wealth story not only showcases his personal capabilities but also reflects the far-reaching influence of his family. Amidst the intertwining of controversy and halo, Barron's future development will undoubtedly continue to be a focus of public attention.