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The luxury real estate investment that Barron Trump, the youngest son of President Donald Trump, was a part of, will not be relaunched, one of his partners in the project said.
particle for direct object New York Post The younger Trump was initially reported to be planning to launch Trump's firm, Fulcher & Roxburgh Capital, 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 records reviewed by Fox Business. The company dissolved shortly after the election on Nov. 14, 2024, filings show.
Roxburgh told FOX Business: “The company will not be restarted at this time.
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Barron Trump, son of President Trump, during a promotional event at Doral Trump National Golf Club in Miami, Florida on July 9, 2024. The younger Trump is reportedly launching his own real estate venture. (Eva Marie Uzcategui/Bloomberg via Getty Images/Getty Images)
The company reportedly planned to focus primarily on high-end real estate projects, including golf courses and properties in Utah, Arizona and Idaho.
The venture listed Mar-a-Lago in Palm Beach, Fla., as its principal address, according to business records.
Roxburgh previously told Newsweek that the investment was put on hold to avoid election-related media attention. However, when FOX Business reached Roxburgh for comment, he said the company would not be restarting.
President Donald J. Trump, Vice President J.D. Vance officially took the oath of office
The Trump Building at 40 Wall Street in the Financial District of New York, United States, on Thursday, February 22, 2024. (Getty Images/Fox News)
Fulcher, a luxury real estate expert whose family runs a prominent real estate firm in Idaho, was the third partner in the venture. Fulcher is also the cousin of U.S. Rep. Russ Fulcher, R-Idaho.
FOX Business has reached out to both Fulchers for comment.
President Trump He followed in his father's footsteps when he acquired his own residential real estate company in 1971, before launching several luxury high-rises, Trump hotels and casinos and establishing the Trump brand.
Construction continues on the Trump International Hotel on Pennsylvania Avenue in Washington as it prepares to open to the public on Monday, September 12, 2016. (Bill Clark/CQ Roll Call/Fox News)
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Days before the younger Trump made his investment, his brother, Eric Trump, also founded ET Talks LLC, an unspecified company.