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A luxury real estate venture that included President Donald Trump’s youngest son, Barron Trump, will not restart, one of the partners in the project said.
The New York Post initially reported that the younger Trump planned to start Trump, Fulcher & Roxburgh Capital with two business partners: Carter Fulcher and high school classmate Cameron Roxburgh.
The company was incorporated in Wyoming on July 15, 2024, according to business filings reviewed by Fox Business. The company was dissolved immediately after the Nov. 14, 2024 election, according to filings.
“At this time, there are no plans for the company to restart,” Roxburgh told FOX Business.
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President Trump’s son Barron Trump during a campaign event at Trump National Doral Golf Club on July 9, 2024 in Miami, Florida. The younger Trump is reportedly launching his own real estate venture. (Eva Marie Uzcategui/Bloomberg via Getty Images/Getty Images)
The company reportedly planned to focus primarily on luxury real estate projects, including golf courses and properties in Utah, Arizona and Idaho.
Business records show the venture listed Mar-a-Lago in Palm Beach, Fla., as its primary address.
Roxburgh previously told Newsweek the business was temporarily suspended to avoid election-related media attention. However, when FOX Business reached out to Roxburgh for comment, he said he had no intention of restarting the company.
President Donald J. Trump and Vice President J.D. Vance are officially sworn in.
Trump Building, 40 Wall Street, Financial District, New York, USA, Thursday, February 22, 2024. (Getty Images/Fox News)
Fulcher, a luxury real estate expert whose family owns a prominent real estate company in Idaho, became the third partner in the business. Mr. Fulcher is also a cousin of U.S. Rep. Russ Fulcher, Republican of Idaho.
FOX Business has reached out to both Fulchers for comment.
Trump followed in his father’s footsteps and took over a residential real estate company in 1971, but that was before he cemented the Trump brand by launching multiple luxury high-rises, hotels and casinos.
Construction continues at the Trump International Hotel on Pennsylvania Avenue in Washington in preparation for its opening to the public on Monday, September 12, 2016. (Bill Clark/CQ Roll Call/Fox News)
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Days before the younger Trump incorporated his venture, his younger brother Eric Trump also incorporated a private company, ET Talks LLC.
