The 19-year-old New York University student could have picked up a cool $40 million — $25 million after taxes — from the sale of digital assets by World Liberty Financial, the Trump family firm launched nine months ago after Barron persuaded his dad about the benefits of crypto, Forbes reported.

“Barron knows so much about this,” commander-in-chief said during an interview in September after the launch. “Barron’s a young guy, but he knows it — he talks about his wallet. He’s got four wallets or something, and I’m saying, ‘What is a wallet?’”

Barron Trump, seen here at his father’s second inauguration, is listed as a “co-founder” on World Liberty Financial’s website. AFP via Getty Images

World Liberty has been a financial bonanza for the family. In March, World Liberty announced that it had sold $550 million worth of tokens.

An Office of Government Ethics filing released by President Trump last week declared he had made $57 million from token sales.

It also said that the real estate mogul held a 75% stake in his umbrella company, DT Marks Defi LLC, with unnamed “third parties” holding the other 25%.

Barron Trump is listed as a “co-founder” of World Liberty Financial alongside the president, as well as Eric and Donald Trump Jr, the president’s two eldest sons.

Forbes, which provided no direct evidence for its claims of Barron Trump’s massive digital windfall, suggested that he owned a 7.5% stake in the Delaware-based umbrella firm.

The stake would mirror what the NYU freshman holds in the Trump Organization’s Washington, DC hotel, Forbes said.

The Post has approached a Trump Organization spokesperson for comment.

Trump once derided digital assets such as Bitcoin as “a scam” but he has since U-turned and embraced cryptocurrencies. REUTERS

Barron Trump’s name does not appear in the company’s solitary SEC filing from October 30 last year.

Also listed as business partners in the venture are Middle East envoy Steve Witkoff and his son, Zachary.

An analysis by Bloomberg, the financial news outlet, estimates the president’s net worth has doubled since the start of his 2024 campaign, standing at just over $5.4 billion

The post Barron Trump may have made millions from family’s lucrative crypto firm: report appeared first on Our Story Insight.

As President Trump pushes a new plan to take control of Gaza and clear out an area that is home to an estimated two million residents, he is advocating bringing the United States much more deeply into a region where his family has a growing collection of real-estate and business interests.

There is no part of the world as crucial to the growth of various Trump family business ventures as the Middle East, including Saudi Arabia, Qatar, United Arab Emirates and Israel, when the full portfolio of Mr. Trump as well as Jared Kushner, his son-in-law, are included. Here is a look at the family’s interests in the region and Mr. Trump’s proposal for Gaza.

What Trump proposed for Gaza

Mr. Trump declared on Tuesday that the United States should seize control of Gaza and permanently displace the entire Palestinian population of the devastated seaside enclave.

Mr. Trump suggested the resettlement of Palestinians would be akin to the New York real estate projects he built his career on. “If we could find the right piece of land, or numerous pieces of land, and build them some really nice places with plenty of money in the area, that’s for sure,” he said. “I think that would be a lot better than going back to Gaza.”

“Everybody I’ve spoken to loves the idea of the United States owning that piece of land,” Mr. Trump added, “developing and creating thousands of jobs with something that will be magnificent.”

Mr. Trump’s aides on Wednesday walked back some of his comments, with the White House press secretary, Karoline Leavitt, saying that “the president has not committed to putting boots on the ground in Gaza.”

Real estate in Oman, Saudi Arabia and Dubai

The Middle East has in the past three years turned into the hottest spot for the Trump family in terms of new international real-estate deals. Most of these are so-called branding deals, which collectively earn the family tens of millions of dollars in fees in exchange for the right to use the name to help boost luxury condo, golf or hotel sales.

Recent agreements have been signed with a Saudi-based real estate company called Dar Al Arkan to build high-rise luxury apartments, golf courses or hotels in Oman, Saudi Arabia and Dubai.

“We are delighted to strengthen our ongoing relationship with the Trump Organization,” Ziad El Chaar, an executive with Dar Al Arkan’s subsidiary, said last year, in announcing one of the deals.

The project in Oman, which is the farthest along, involves the government of Oman itself, as it owns the land where the Trump golf course and hotel are being built.

Although the opening of the resort destination is still at least three years off, the Trump Organization has already raked in at least $7.5 million from the Oman deal, financial reports from the past two years show. Eric Trump and Donald Trump Jr. visited Oman this summer to check the project’s progress, visiting the site with Yousef Al Shelash, the chairman of Dar Al Arkan.

Dar Al Arkan itself has close ties with the Saudi royal family; the government there has been an important partner for the real estate company’s owners as they have built up their business.

The Trump family also examined a potential deal in Israel before the Oct. 7, 2023, attacks and remains interested in doing a project there, The Times previously reported. Mr. Trump’s son Eric Trump has said he intends to wait until the war ends before moving ahead.

Even before this recent burst of new Middle East deals, the Trump family already had an outpost in the region. Trump International Golf Club, Dubai, opened in 2017, shortly after Mr. Trump started his first term in the White House.

The partner in this Dubai club is DAMAC Properties, run by Hussain Sajwani, a billionaire real-estate executive who, Mr. Trump boasted in December, plans to invest billions of dollars in the United States to build data centers.

A partnership with LIV Golf

The Trump family also has been a key partner to LIV Golf, the upstart professional golf league financed by Saudi Arabia’s sovereign wealth fund. In April, for the fourth year in a row, the league is slated to hold one of its tournaments at the Trump National Doral near Miami.

LIV Golf pays the Trump family to host the tournament, which also drives thousands of customers to its restaurants and hotel rooms during the weekend event, scheduled for April of this year. Mr. Trump and his family own more than a dozen golf courses worldwide, all of which benefit from the media attention that the Saudi-backed tournament brings.

Mr. Trump has long sought to attract these kinds of tournaments to his golf courses, but had at least one major event canceled after a mob of his supporters attacked the Capitol on Jan. 6, 2021.

Jared Kushner’s investments

The president’s son-in-law, Mr. Kushner, runs a private equity firm called Affinity Partners that has raised $4.5 billion, mostly from sovereign wealth funds of the oil-rich nations of Saudi Arabia, Qatar and the United Arab Emirates, based on relationships he built as an adviser to Mr. Trump during his first term.

Mr. Kushner, who has said he does not plan to return to the White House, also has invested in at least two Israel-based businesses: Phoenix Holdings, an insurance company, and the car leasing division of Shlomo Holdings.

Mr. Kushner’s business partner at Shlomo Holdings is also a partial owner of Israel’s only domestic builder of warships. That puts him in business with executives who are also major shareholders in an Israeli military contractor whose vessels have been used in the war in Gaza, armed with American-made weapons.

It was Mr. Kushner who last year first floated the idea of considering Gaza as a potential real-estate development site. “Gaza’s waterfront property could be very valuable,” Mr. Kushner said last year during an event sponsored by Harvard’s Kennedy School of Government, suggesting that Israel “move the people out and then clean it up.”

The post What to Know About the Trump Family’s Deals in the Middle East appeared first on Our Story Insight.