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Barron Trump's crypto fortune could be slashed by $15m by IRS

Barron Trump's crypto fortune could be slashed by $15m by IRS - US News - News - Daily Express US

Barron Trump, 19, was announced as a "Web3 ambassador" for World Liberty Financial (WLF) in 2024, and has since earned around $ 40 million from the president's crypto venture.

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TL;DR:

Barron Trump, 19, signed on as a “Web3 ambassador” for the Trump family’s World Liberty Financial crypto venture last fall and has raked in about \$40 million so far. After an estimated \$15 million tax bill from the IRS, he’s left with roughly \$25 million.

WLF – co-founded by Barron and his brothers – has sold over \$550 million in tokens, sent \$30 million+ of profit straight to its owners, and could fetch more in a partial sale next year. Meanwhile, Barron’s keeping a low profile at NYU’s Stern School of Business (and apparently spending time with a new girlfriend), much like his mom rather than his show-boating dad.

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