Barron Trump follows in father's footsteps as he launches new business venture
Ella Scott
Featured Image Credit: Chip Somodevilla/Getty Images
It’s believed that Barron Trump is treading a familiar path to his father, US President Donald Trump, after reportedly launching a new business venture.
The 19-year-old, who is First Lady Melania Trump’s only son and President Trump’s youngest child, has reportedly incorporated a drinks company, as per a document seen by Newsweek.
It’s understood that the first business registration filing was submitted in Delaware back in December. A registration was also presented in Florida late last month, as per reports.
The outlet stated that the filing has named Barron and four other individuals as directors of a business called ‘Sollos Yerba Mate Inc.’
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It’s alleged that one of the directors described the firm as a ‘yerba mate beverage company’.
People wrote that one of the co-founders defined it as a ‘lifestyle beverage brand built around clean and functional ingredients’ via LinkedIn.
Yerba mate is a globally popular drink that traditionally originates in South America.
It’s known for its earthy, bitter flavour and is famed for its suggested health benefits, including supporting weight management and boosting energy levels, as per Healthline.
US Securities and Exchange Commission (SEC) filings showed that the business has raised $1 million (£734.9 million) in capital through a private placement.
Newsweek noted that it has yet to be confirmed whether the Barron Trump listed in the filings is the son of the Republican businessman.
However, it is understood that the business is filed at an address close to the Trumps' Florida residence, Mar-a-Lago.
It’s also reported that two of the four company directors attended the same high school as Barron.
An official launch date for the beverage brand has yet to be announced.
If reports are correct, then this isn’t the first time that the student has prepared to dip his toe into the world of business.
In January, it was reported that he was preparing to relaunch a luxury real estate venture with two young business partners.
The proposed enterprise listed Mar-a-Lago as its principal address, according to records obtained by The New York Post.
It’s understood that the organisation, Trump, Fulcher & Roxburgh Capital Inc., was briefly incorporated in Wyoming in July 2024.
However, it was dissolved shortly after Trump’s landslide Presidental Election win.
Cameron Roxburgh, who went to school with Barron, told the Post that he and his colleagues were ‘working out logistics,’ and ‘might relaunch’ in the spring.
Outside of commerce, Barron is a sophomore at New York University after graduating from Oxbridge Academy in 2024.
Initially, he was enrolled at the Stern School of Business in New York City.
It was reported by People that his second year of college would be conducted at the New York University's campus in Washington, D.C.
FOODbible has contacted the White House for comment.