Big News About Barron Trump and Crypto Money
Barron Trump, who is 19, might have made a lot of money from his dad’s crypto project. People are talking about how he could have made up to $40 million.
That’s a huge amount for someone so young. After paying taxes, he might still have about $25 million left.
What is This Crypto Project?
Barron’s dad, Donald Trump, started a crypto project called World Liberty Financial. This happened about nine months ago.
Barron and his brothers were named as helpers in the project. They were called “Web3 ambassadors” and cofounders.
What Did Barron Do?
Donald Trump has said that Barron knows more about crypto than he does. He said this last year.
When the project started, they put out a paper explaining it. This paper named Barron and his brothers as important people helping with it.
How Did He Make Money?
The crypto project has sold over $550 million worth of its digital tokens. A big part of that money, about $520 million, went to the people involved.
Donald Trump said he owned a big share, more than half. He also said other family members split a part.
If Barron got an equal share with his brothers, like they did in another old business, he could have gotten around $39 million.
This money news came out when Mr. Trump shared his earnings report.
Connections and Money
Some people point out that this happened while his dad was a former president. They say it might look like family connections helped make money.
Barron usually stays out of the news. He goes to school. But this news puts him in the spotlight for crypto.
What About Donald Trump?
Donald Trump is also making a lot of money from crypto. He made about $58 million last year from his crypto things.
He plans to do more with crypto this year. This includes selling more tokens and maybe using a different kind of digital coin called a meme coin.
Why This Matters
This news shows that big money can be made in the crypto world. Sometimes, who you know might play a part.
It also shows that famous people are getting more involved in crypto.
Simple Takeaway: Barron Trump might have made tens of millions of dollars from his father’s crypto project, showing big money is moving in the crypto world.
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