US NewsBarron Trump steps into business: Ambitious real estate plans

Barron Trump steps into business: Ambitious real estate plans

Barron Trump, son of Donald Trump, founded the company Trump, Fulcher & Roxburgh Capital Inc. in July 2024. The company specializes in real estate and has ambitious development plans. The company was registered in Wyoming, and its headquarters are located in Mar-a-Lago, Florida, reports "Fakt".

Donald Trump with his son Barron
Donald Trump with his son Barron
Images source: © East News | MICHAEL M. SANTIAGO

Barron Trump, the youngest son of the former and future U.S. President Donald Trump, decided to establish his own firm. According to "Fakt" citing the American edition of "Newsweek," the 18-year-old registered the company Trump, Fulcher & Roxburgh Capital Inc. in Wyoming in July 2024, a state known for its low taxes. The company's headquarters are located at the Mar-a-Lago estate in Florida.

Trump's son enters business

The newspaper adds that Barron Trump's firm, despite being dissolved in November 2024, plans to reactivate in the spring.

The company has ambitious plans to build real estate and golf courses in the states of Utah, Arizona, and Idaho.

"Donald Trump has given his son private advice and supports his business project, although he has not provided funding," writes "Fakt".

The co-founders of the company are Cameron Roxburgh, Barron's schoolmate, and Carter Fulcher, cousin of Congressman Russ Fulcher.

The big return to the White House. Here's Donald Trump's wealth

On Monday, at noon, Donald Trump will be sworn in as President of the USA. It is known with what wealth he will return to the White House.

Donald Trump's wealth largely consists of real estate. Among them are the famous Trump Tower, a skyscraper in New York, and the Mar-a-Lago estate in Florida.

Trump's investments also include various clubs, including ten golf courses in six U.S. states with a total net worth of 356 million dollars, and two golf resorts in Scotland and one in Ireland.

In September 2024, "Forbes" reported that Donald Trump's wealth is approximately 3.9 billion dollars. A significant portion of his income is generated by a social media initiative called Truth Social, considered the "right-wing version of Twitter," valued at 1.8 billion dollars.

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