"Barron Trump's fortune has jumped by $80 million in the past year, according to Forbes. He now has an estimated net worth of around $150 million. On top of this, he is said to hold almost 2.3 billion tokens, which he could resell for $525 million. Forbes noted that Barron Trump, the president's youngest son and only child with third wife Melania Trump, was among the first in his family to take an interest in the cryptocurrency market."
"The timing of the World Liberty launch raised concerns about the past and future president's conflicts of interest and alarmed even some of his most vocal supporters in the industry, according to the New York Times. But those issues didn't seem to concern President Trump as he talked up the family's new crypto venture, including Barron's role in it, during a September 2024 livestream announcement."
"But those issues didn't seem to concern President Trump as he talked up the family's new crypto venture, including Barron's role in it, during a September 2024 livestream announcement. Then 18 and a freshman at NYU, Barron was listed as the project's DeFi visionary, a reference to the branch of crypto known as decentralized finance, the Times said. Trump described his son as a crypto enthusiast, saying, He's got four wallets or some"
Barron Trump, a 19-year-old NYU sophomore, saw his fortune increase by about $80 million over the past year to an estimated $150 million, driven largely by cryptocurrency investments. He reportedly holds nearly 2.3 billion tokens that could be resold for about $525 million. Barron helped persuade the launch of World Liberty Financial last fall, a family crypto company formed ahead of the 2024 election. The timing of the launch prompted conflict-of-interest concerns and alarm among some industry supporters. President Trump publicly promoted the venture and identified Barron as the project's DeFi visionary, describing him as a crypto enthusiast.
Read at www.mercurynews.com
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