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You are at:Home»Business»Barron Trump’s business partner clarifies the future of luxury real estate
Business

Barron Trump’s business partner clarifies the future of luxury real estate

January 23, 2025003 Mins Read
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White House Press Secretary Karoline Leavitt joins “Fox & Friends” to preview President Donald Trump’s upcoming infrastructure announcement.

A luxury real estate venture that included Barron Trump, President Donald Trump’s youngest son, will not be revived, one of his partners in the project said.

THE New York Post initially reported that the younger Trump planned to launch Trump, Fulcher & Roxburgh Capital Inc. with two business partners, Carter Fulcher and Cameron Roxburgh, his former high school classmate.

The company was incorporated in the state of Wyoming on July 15, 2024, according to business documents reviewed by FOX Business. Documents show the company was then dissolved shortly after the November 14, 2024 election.

“At this time, the company will not be relaunched,” Roxburgh told FOX Business.

SEE: BUSINESS CHEFS AT TRUMP’S INAUGURATION

Barron Trump clenches his fist

Barron Trump, son of President Donald Trump, appears during a campaign event at Trump National Doral Golf Club in Miami on July 9, 2024. (Eva Marie Uzcategui/Bloomberg via Getty Images / Getty Images)

The company reportedly plans to focus primarily on high-end real estate projects, including golf courses and properties in Utah, Arizona and Idaho.

The business was listed at Mar-a-Lago in Palm Beach, Fla., as its primary address, according to business records.

Roxburgh previously told Newsweek that the project was briefly put on hold to avoid election-related media attention. However, when FOX Business contacted Roxburgh for comment, he said the company would not be relaunched.

PRESIDENT DONALD J. TRUMP AND VICE PRESIDENT JD VANCE OFFICIALLY SWORN IN TO THE COMPANY

Trump Building

The Trump Building, at 40 Wall Street, in New York’s financial district, February 22, 2024. (Getty Images/Fox News)

Fulcher, a luxury real estate expert whose family runs a major real estate company in Idaho, was the firm’s third partner. Fulcher is also the cousin of U.S. Rep. Russ Fulcher, an Idaho Republican who was not involved in the company, a spokesperson for his office told FOX Business.

FOX Business has contacted Carter Fulcher for comment.

President Trump followed in his father’s footsteps when he took over his residential real estate company in 1971, going on to launch several high-rise buildings, luxury Trump hotels and casinos and solidify the Trump brand.

Exterior view of the Trump Hotel

Construction on the Trump International Hotel on Pennsylvania Avenue in Washington, DC, continues as the hotel prepares to open to the public on September 12, 2016. (Bill Clark/CQ Call/Fox News)

GET FOX BUSINESS ON THE GO BY CLICKING HERE

Days before the younger Trump started his company, his half-brother, Eric Trump, also incorporated ET Talks LLC.

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