Here's your Forbes Daily Briefing for Friday, October 10th. Today on Forbes, how 19-year-old

Baron Trump is worth $150 million. At an inauguration event in January, Donald Trump jokingly asked,

quote, I've got a very tall son named Barron. Has anyone ever heard of him?

The president's 6'8 or so youngest son, who rarely makes public appearances, stood up and waved to the crowd.

Crediting Barron's insights with helping win more young voters, Trump bragged, quote,

He said, dead, you got to go out and do Joe Rogan.

He also gives his 19-year-old son credit for showing him a thing or two about crypto, the

source of the president's quickly expanding fortune.

Barron, who taught his dad what a so-called wallet is, co-founded World Liberty Financial, a

cryptocurrency company, with his father and older brothers last year, less than two months

before the 2024 election. Most financial advisors wouldn't advise getting your parents into

crypto, but most parents aren't about to be elected president. And when dad won, World Liberty

exploded. Forbes estimates that it's added over $1.5 billion to the Trump family fortunes,

about 10% of which, or $150 million, belongs to Barron. The company that holds the Trump

family's stakes in World Liberty, DT-Marx-D-Fi-LLC, received a total of 22.5 billion crypto tokens

called Dollar Sign WLFI in September 24.

In exchange for promotion and allowing the project to use Trump's name, the company also got

75% of the revenues from World Liberty after the first $15 million in earnings.

As of the start of this year, Trump owned 70% of Trump-Marx

D-Defi LLC, according to financial disclosures he filed as president. His family owned the

remaining 30%. Sons Eric, Don Jr., and Barron are all listed as co-founders, so assuming they

shared the 30% equally, that would be 10% for each of them.

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