Eric Trump

Quick facts

Eric Frederick Trump (born January 6, 1984, New York City) is the second son and third child of Donald Trump and Ivana Trump. He has served as Executive Vice President of Development and Acquisitions at the Trump Organization since 2006, and since 2024–2025 has co-founded two Trump-family crypto ventures: World Liberty Financial (WLFI) and American Bitcoin Corp. (Nasdaq: ABTC). He is married to Lara Trump (née Yunaska), who served as Co-Chair of the Republican National Committee in 2024.

He is a named defendant in two New York Attorney General proceedings — the Trump Foundation dissolution (2018–2019) and the Trump Organization civil fraud case (2022–ongoing). In the fraud case, his individual $4 million penalty was voided on appeal in August 2025, but a two-year bar on serving as an officer or director of any New York company was upheld.

Key positions

Biography

Eric Trump attended Trinity School (New York City) and The Hill School (graduating 2002), then Georgetown University, where he graduated with honors in 2006 with a B.S. in finance and management and a minor in psychology. He joined the Trump Organization immediately after graduation at age 22 and has held the title of Executive Vice President of Development and Acquisitions since. When Donald Trump assumed the presidency in January 2017, Eric and his brother Donald Trump Jr. took executive charge of Trump Organization operations alongside CFO Allen Weisselberg, with the company’s assets placed into a revocable trust. His documented portfolio includes the Trump Golf Collection (grown from three properties in 2006 to 21 clubs in the U.S., Europe, and the Middle East) and the buildout of the Trump Hotels brand.

In 2006–2007 he founded the Eric Trump Foundation, which publicly claimed that 100% of its annual golf-tournament proceeds went to St. Jude Children’s Research Hospital. A June 2017 Forbes investigation reported that the foundation had instead paid the Trump Organization more than $1.2 million over a decade for use of Trump’s Westchester course — events Eric Trump had represented would be provided “free of charge” (Forbes, 2017; Washington Post, 2017). New York Attorney General Eric Schneiderman opened a self-dealing inquiry in June 2017; Eric Trump had resigned from the foundation in December 2016, and it later rebranded as Curetivity. Separately, in June 2018 the NYAG sued the Donald J. Trump Foundation and its directors — Donald Trump, Donald Trump Jr., Ivanka Trump, and Eric Trump — over more than a decade of charity-law violations. The November 7, 2019 resolution ordered Donald Trump to pay $2 million in damages, dissolved the foundation, and required Eric Trump and his siblings to complete mandatory training on the duties of charity officers and directors (NY Attorney General, November 7, 2019).

The most consequential proceeding is the Trump Organization civil fraud case. In August 2022, NYAG Letitia James sued Donald Trump, Eric Trump, Donald Trump Jr., and others, alleging years of inflating Donald Trump’s net worth to lenders and insurers while understating values in tax filings. Judge Arthur Engoron granted summary judgment in September 2023 and, in February 2024, imposed a $4 million individual penalty on Eric Trump and barred him from serving as an officer or director of any New York company for two years. On August 21, 2025, the Appellate Division, First Department, upheld liability but voided the monetary penalties as excessive; the two-year organizational ban on Eric Trump was specifically affirmed (CNBC, August 21, 2025; NY Attorney General, August 21, 2025). James filed notice to appeal to the New York Court of Appeals to reinstate the penalties.

Since 2024 Eric Trump has co-founded the Trump family’s crypto ventures. He is a co-founder and “Web3 Ambassador” of World Liberty Financial, the decentralized-finance and stablecoin platform in which a Trump-family holding entity, DT Marks Defi LLC, holds a 75% stake in the controlling holding company and is entitled to 75% of net proceeds from WLFI token sales; Donald Trump’s 2025 federal financial disclosure reported $57,355,532 in 2024 WLFI token-sale revenue (U.S. Office of Government Ethics, June 13, 2025). He is also co-founder and Chief Strategy Officer of American Bitcoin Corp., formed in March 2025 from a carve-out of Hut 8’s bitcoin-mining operations and listed on Nasdaq in September 2025, in which he holds a roughly 9.3% voting stake but no board seat (American Bitcoin DEF 14A proxy, 2026). Eric Trump has publicly asserted there is a “wall” between his crypto businesses and his father’s policymaking. A Forbes investigation (early 2026) reported that his personal net worth rose from $190 million to $280 million (per Forbes, early 2026) over a period in which ABTC’s stock fell more than 70% from its IPO price; Forbes characterized the company as a “predatory arbitrage vehicle,” and Eric Trump dismissed the reporting as “Chinese propaganda.”

Sources

• How Donald Trump Shifted Kids-Cancer Charity Money Into His Business — Forbes, June 6, 2017
• Eric Trump Foundation paid Trump businesses at least $1.2 million for charity golf events — Washington Post, June 27, 2017
• AG James Secures Court Order Against Donald J. Trump, Trump Children, And Trump Foundation — Office of the New York Attorney General, November 7, 2019
• Trump half-billion-dollar civil fraud fine overturned by New York appeals court — CNBC, August 21, 2025
• Trump’s 2025 Annual OGE Form 278e — U.S. Office of Government Ethics, June 13, 2025
• American Bitcoin DEF 14A Proxy Statement 2026 (Eric Trump shareholding) — SEC EDGAR, 2026