President Donald Trump’s youngest son, Barron, is starting a luxury real estate business with his prep school classmate and cousin, a Republican lawmaker. newsweek Reported.
The 18-year-old Trump founded his real estate firm, Trump Fulcher & Roxburgh Capital, on July 15, 2024, just two days after a gunman attempted to assassinate his father. The company was then dissolved on November 14, 2024, nine days after the president was re-elected.
Trump’s business partner and high school classmate, Cameron Roxburgh, told Barron’s that he had disbanded his company to avoid media attention, but plans to relaunch it later this year. He added that Trump’s father approved of the idea and advised his son, but did not provide funding.
Mr. Trump and Mr. Roxburgh’s third business associate, Carter Fulcher, is a partner in the Idaho-based Fulcher Organization, which the company says is “building a series of luxury residential communities throughout the state. “I’m doing it.” Website. Fulcher’s cousin is Idaho Congressman Russ Fulcher, a member of the conservative Freedom Caucus, which challenged the results of the 2020 presidential election.
Trump, Fulcher and Roxburgh reportedly want to develop luxury real estate, including golf courses, in Utah, Arizona and Idaho. Roxburgh also told Newsweek that the three hope to someday incorporate the business into the Trump Organization.
Although the company’s headquarters address is listed as Mar-a-Lago, the company was incorporated in Wyoming. Wyoming is a state with relatively low taxes and few business regulations.
Trump is currently a freshman at New York University’s Stern School of Business. Mr Roxburgh said: new york post The business partners said they are “coordinating logistics” and “may reopen” this spring.
President Trump’s parents largely kept themselves out of public life during the president’s first term, but their public roles increased in the 2024 election. Several of the president’s advisers, including communications adviser Jason Miller, acknowledged that the president’s son had suggested appearing on a podcast that was critical to his campaign strategy.
Mr Miller told Sky News: “Hats off to this young man.” “Every recommendation he made was absolute gold.”
