Reports reveal Barron Trump launched a real estate development business last year

By 
 January 23, 2025

There is broad speculation that Barron Trump, who is currently enrolled at New York University's business school, will follow the real estate development career path of his father, President Donald Trump, and older brothers, Don Jr. and Eric.

Reports indicate that Barron has already dipped his toes in those waters as filings reveal that he briefly launched a real estate development company last year with a couple of friends, the New York Post reported.

The business was only active for a few months before it was dissolved for election-related reasons, and there are mixed reports on whether or not it will be relaunched.

Barron started a business

Newsweek was the first to report last week on the discovery of business filings in Wyoming that marked the start of a high-end real estate development firm known as Trump, Fulcher & Roxburgh Capital Inc., which was created on July 15, 2024, but was dissolved just four months later on November 14, 2024.

The business appears to be a partnership involving Barron Trump, a former high school friend named Cameron Roxburgh, and a third associate named Carter Fulcher, who hails from a prominent real estate development family in Idaho.

According to Roxburgh, the firm planned to focus on developing luxury properties and golf courses in Western states like Arizona, Idaho, and Utah, and though President Trump did not provide any financial backing to his son's venture, he did grant his approval and gave Barron some personal advice.

And, though there were no concrete plans, it was hoped that the new company's properties might eventually become incorporated as subsidiaries of the Trump Organization.

Roxburgh cited concerns about media attention following November's election as the reason the company was dissolved just four months after its launch but suggested that it might be relaunched in the coming months.

Conflicting reports on whether company will be relaunched

The Post confirmed many of the details of that initial report and noted that while the new business for Barron Trump had been incorporated in Wyoming, its principal address was listed as the Trump family's Mar-a-Lago resort in Palm Beach, Florida.

Reached for comment about the venture and pressed on when it might be active again, Roxburgh told the Post that he and the other partners were "working out logistics" and "might relaunch" the company in the spring.

However, those plans may not be a sure thing, as a Fox Business report indicated that the business may not be a thing again at all.

Asked to comment on the other reports, Roxburgh told the outlet, "As of now, the company will not be relaunched."

Following his father and brothers

It seems apparent to many that Barron Trump is being prepared to one day follow in the footsteps of his father and older brothers with a career in real estate development and perhaps may be poised to eventually take full control of the global empire the Trump Organization has built.

This first venture into that realm, regardless of whether it relaunches, likely provided some valuable initial experience that will presumably help Barron become a better businessman.

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