Barron Trump, the youngest son of Donald and Melania Trump, may have become a multimillionaire through his involvement in the Trump family’s cryptocurrency venture—World Liberty Financial (WLF)—but recent IRS action has significantly reduced his reported earnings.
Originally estimated to be worth around $40 million, Barron’s potential income has dropped to $25 million after federal taxes, according to Forbes. WLF, launched in September 2024, appointed Barron, Donald Trump Jr., and Eric Trump as its “Web3 Ambassadors.” All three sons are also listed as co-founders.
Financial disclosures filed by Donald Trump on June 13 revealed that the Trump family collectively holds a 52.5% stake in WLF, with individual family members holding 22.5%. If the remaining stake is divided equally among the three brothers, each would own approximately 7.5%—similar to their earlier investment in the Trump D.C. hotel.
According to The Wall, WLF has already sold more than $550 million in tokens, with profits—after the first $30 million—going directly to the owners. A partial sale of the company in early 2025 may further affect the final earnings of the Trump sons.
Barron, now a student at New York University (NYU), has mostly stayed out of the public eye. However, his involvement in WLF shows he is gaining early exposure to business and finance. During his father’s presidential campaign, Barron made rare public appearances and was well received by supporters. Melania Trump even credited him with helping Donald Trump secure support during the campaign.
Still, some recent events have raised eyebrows. Barron was notably absent from Trump’s highly publicized birthday parade, sparking speculation about their current relationship. While they’ve always maintained a positive public image, the absence led to rumors of possible tension.
Adding to the chatter, Barron was briefly caught in controversy over his father’s feud with Harvard University. As Trump launched legal challenges against the institution, rumors spread that Harvard had rejected Barron’s application—suggesting the rejection was the real reason for Trump’s outrage. However, Melania quickly shut down the speculation, stating Barron never applied to Harvard in the first place.
As Barron Trump continues to navigate the spotlight while maintaining a largely private lifestyle, his massive earnings—and the IRS’s cut—have placed him squarely back in the headlines. Whether he chooses to speak out on the matter remains to be seen.
