IRS walks away with $15M of Trump’s son’s fortune originally appeared on TheStreet.
Barron Trump, the youngest son of President Donald Trump, may have become a multimillionaire off the Trump family’s cryptocurrency project, World Liberty Financial (WLF).
WLF was announced in September 2024 as a blockchain-based initiative that appointed Barron as a “Web3 ambassador,” along with Donald Jr. and Eric. Now, at 19 years old, Barron has potentially earned as much as $40 million and may have only about $25 million left after paying taxes to the IRS, as per Forbes.
The company put out a “gold paper,” which resembles the style of a white paper from Trump, and had all three sons as co-founders.
On June 13, Trump filed his financial disclosure, indicating that he has a 52.5% stake in the company and that family members have an additional 22.5%.
Assuming the stake is divided equally among the three brothers, they would all have a 7.5% ownership stake, just as they had in the past with the Trump D.C. hotel.
WLF has sold at least $550 million in tokens, with revenue reportedly going directly to owners, after the first $30 million. A partial sale of the venture occurred in early 2025, which may have an impact on their total earnings.
Although Barron is still at NYU’s Stern School of Business, he has jumped headfirst into the family business. No longer a quiet member of the White House, he joins the list of presidential relatives who have turned proximity to power into financial gain — and this time, through crypto.
IRS walks away with $15M of Trump’s son’s fortune first appeared on TheStreet on Jun 17, 2025
This story was originally reported by TheStreet on Jun 17, 2025, where it first appeared.
