First son Barron Trump turned 20 on Friday, and he reportedly is already following in his father’s footsteps, making his way in the business world.
Trump, who is a sophomore at New York University’s Stern School of Business, transferred this year from the Manhattan campus to its location in Washington, D.C., to be close to his family, according toPeople.
“Barron has inherited his father’s interest in making money and a name for himself, and is well on the way to becoming an entrepreneur,” a social source told the news outlet. “He is smart, focused and resourceful. He is always looking for areas that interest him and is quite ambitious for such a young age.
“He wants to make his own mark.”
People noted that the college student was the “motivating force” behind the Trump family jumping into the cryptocurrency world with both feet in recent years, earning them billions of dollars, based on reporting byForbes.
The publication said that Barron is believed to already be worth $150 million, and has an estimated 2.3 billion locked-up tokens, which could be valued at $525 million when they are able to be sold.
“He has been actively pursuing successful ventures for several years,” a source told People. “Turning 20 is indeed a turning point for him as he gets older and wants to engage with projects that not only interest him, but will make him a lot of money.”
“Barron is interested in developing real estate in areas where he sees growth, especially keeping up with trends of younger buyers,” the source said. “I think the next phase of his life will include property development as well as other projects that he has researched enough to know they will be profitable.”
A political source observed that Trump’s close relationship with his mother, Melania, has greatly shaped his personality.
“Barron is a carbon copy of his father, yet he is blessed without the elder’s brashness,” the source said. “He is more like his mother with a European aloof and quiet sophistication.”
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