B
arron Trump, the 18-year-old son of President-elect Donald Trump, is reportedly starting a real estate business. This move follows in his father's footsteps, as Donald Trump took control of his father's residential real estate company at age 25 and went on to build a global business empire.
Business filings reviewed by Newsweek show that Barron incorporated a real-estate firm called Trump, Fulcher & Roxburgh Capital Inc. in July 2024. However, the company was dissolved just weeks later due to concerns about media attention during the presidential election. According to one of Barron's partners, Cameron Roxburgh, the company will be relaunched in the spring.
The new business is a high-end real estate development company that plans to build properties and golf courses in Utah, Arizona, and Idaho. Donald Trump has reportedly offered his son private advice on the venture and approves of the idea, but he has not provided funding for the business. The company's principal office is listed at Mar-a-Lago, Donald Trump's estate in Palm Beach, Florida.
Meanwhile, Barron's older brother Eric Trump also launched a previously unreported firm called ET Talks LLC just days before Barron incorporated his venture. Little information is available about the purpose of ET Talks, but it is registered to Trump National Golf Club, where Eric lives with his wife Lara Trump.
Experts say that while there are no federal laws requiring a president to remove himself from business interests, Donald Trump's sons' business dealings could become problematic if they receive financial support or benefit from their father's presidency. To avoid conflicts of interest, the Trump Organization has announced that Donald Trump will not have any involvement in managing his real estate company during his second term as president.
