Reports reveal Barron Trump launched a new real estate development company with friends last year
President Donald Trump's youngest son, Barron Trump, is currently attending business school in New York, perhaps with an eye toward one day taking over his famous father's massive real estate empire.
Barron may have already got a head start toward that possible goal as reports indicate that he established a high-end real estate venture with a couple of his high school friends, according to The Mirror.
The business, known as Trump, Fulcher, & Roxburgh Capital Inc., was established in Wyoming last year but was dissolved after a few months because of the election, though it is believed to be on the verge of relaunching again from the Trump family's Mar-a-Lago resort estate in South Florida.
Barron started a real estate company with friends
Newsweek was the first to report last week that Barron Trump, 18, had joined with fellow Oxbridge Academy graduate Cameron Roxburgh and another friend, Carter Fulcher, who comes from a prominent real estate family in Idaho, to establish their own real estate development company last year.
Per business filings reviewed by the outlet, Trump, Fulcher & Roxburgh Capital Inc. was first established in Wyoming in July 2024 but was folded just four months later in November 2024, shortly after President Trump won re-election.
The reason for the dissolvement, according to Roxburgh, was to avoid any unnecessary or negative media attention in the aftermath of the election and transition period, and there are plans to relaunch the company in the coming months.
Roxburgh shared that the firm plans to focus on luxury properties and golf courses in Western states like Arizona, Idaho, and Utah, and that the idea has received the approval of President Trump, who has provided his son with some advice but not any financial backing for the venture.
Further, though there is currently no association between the new firm and the Trump Organization, it is hoped that the company and any properties it may develop will eventually become subsidiaries of the larger Trump family business.
New real estate venture might relaunch in the spring
The New York Post confirmed Newsweek's reporting and noted that though the new real estate business for Barron Trump had been incorporated briefly in Wyoming last year, it lists Mar-a-Lago in Palm Beach, Florida as its principal address.
The Post further confirmed through Roxburgh that the partners were "working out logistics" right now and the firm "might relaunch" in a few months.
It is not surprising at all that Barron would follow his father's path into the realm of real estate development, as that is what both of his older half-brothers Don Jr. and Eric have done, with both of them now serving as top executives for the Trump Organization in addition to managing other business ventures of their own.
What does Barron's future have in store?
Yet, this apparent move for Barron into the real estate development business may not be the final path that the young man has set his sights on, as there is plenty of speculation that he could have a future in politics like his father.
Indeed, Barron has been widely credited by multiple top-level sources, both on and off the record, for the campaign advice he provided his father last year that helped result in President Trump's successful re-election for a second term.
That said, he is less than a year out of high school and likely still finding his way in life -- and given the horrendous treatment his father has received from political opponents, there's probably a good chance that his mother, first lady Melania Trump, will strongly advise him to stay far away from the political realm.