Exclusive: Barron Trump’s new real estate

The newly elected President Donald Trump’s youngest son, 18-year-old Barron, apparently follows in his father’s footsteps by incorporating a real estate agent.

In 1971, Donald Trump took control of his father’s real estate company in his mid -twenties. Then began a business empire of housing, luxury hotels, casinos and golf courses in the United States and worldwide, making Trump a globally known name and gave the platform for his political progress.

While Trump is preparing to return to the White House on January 20, the business activities of his immediate family members in hundreds of businesses that include his real estate, hotels and golf clubs, most of which are managed through the Trump Organization holding company will attract more control, partly because of questions about potential political influence.

Business documents reviewed by Newsweek show that Barron Trump incorporated a real estate company in July 2024. In the same month, his older brother Eric Trump also launched a previously unreported company. Barron Trump’s company was dissolved in November after Trump won the presidential election but it told one of his partners Newsweek There were plans to relaunch it.

Newsweek contacted representatives of the Trump family to get a comment.

Barron, 18, was crucial in advising his father on how to reach younger voters, according to media reports. Eric, 41, is the key to his father’s business interests, serving with his second brother, Donald Trump Jr., 47, as Executive Vice President of the Trump Organization.

The company linked to Barron Trump, named Trump, Fulcher & Roxburgh Capital Inc., is a real estate company incorporated On July 15, 2024 and dissolved on November 14, 2024, days after Donald Trump won the presidential election.

One of Barron Trump’s partners, Cameron Roxburgh, who participated in Palm Beach of $ 40,000 a year school Oxbridge Academy with him, told Newsweek The team dissolved the company to avoid media attention during the election, but that it will be relaunched in the spring.

told Roxburgh Newsweek The company is a high-end real estate development company that wants properties and golf courses in Utah, Arizona and Idaho. Roxburgh added that Donald Trump had offered his son private advice and approves the idea. He said Donald Trump had not provided funding to the company, but added that they are aiming for the company being incorporated as a subsidiary of the Trump organization, although there are no plans for this to happen yet.

The second incorporation, Carter Fulcher, is a partner in a luxury property company in Idaho, and cousin of Idaho’s Republican Congress Member Russ Fulcher. Roxburgh said congressman Fulcher is not involved in the business. Newsweek contacted Congress Member Fulcher’s representatives and Carter Fulcher for comments.

Mar-a-lago address

The company’s head office is listed at Donald Trump’s Mar-A-Lago property in Palm Beach, Florida, and it was incorporated into the state of Wyoming, which is considered to be a business-friendly state due to low taxes and minimal rules. Barron is now studying at New York University’s Stern School of Business

Three days before Barron incorporated his business, his brother Eric incorporated a Talks LLC on July 12, 2024.

A little public information is available about the purpose of a talk. Corporate Applications show that the company is registered for Trump National Golf Club, Jupiter, lived where Eric life With his wife, Lara Trump, a former Fox News contributor who served as co-chair of the Republican National Committee from March to December 2024.

List of archives Lizebeth Kyprislidis, director of project coordination in the Trump organization as a contact point for correspondence in connection with the establishment of the company. Newsweek contacted the Trump organization and Kyprislideis for a comment.

Although there are no federal laws in the US constitution that demands that a president remove himself from business interests, The Trump Organization announced on Friday that Donald Trump will have no involvement in administering his real estate company in his second term as president. He appointed an external ethical adviser, lawyer William Burck, a long -time Republican, to avoid conflicts of interest.

Richard Painter, who worked as former President George W. Bush’s top ethics lawyer, told Newsweek That the newly elected president’s sons’ business associates may become problematic for Donald Trump if he invests or has any financial interest in them and does not reveal this relationship in public.

“To stay pure, the president does not have to receive money from any of these companies, otherwise he has to disclose it,” he said.

He added that it was important that Donald Trump does not “do anything in his official trait trying to promote these companies or help them with.”

“It would be the abuse of public office,” he said Newsweek.

In addition to incorporating a talk, Eric Trump has also promoted a cryptocurrency, World Liberty Financial, with Donald Trump Jr. Public information indicates that most of his other business activities involve subsidiaries of Donald Trump’s companies.

Meanwhile, Donald Trump has Jr. Also engaged in recent business activities. In November Newsweek revealed that his eldest son, Donald Trump Jr. Created two new holding companies for a leisure boat and a hunting camp.