Eric Trump has officially joined the billionaire ranks following the public debut of American Bitcoin, a cryptocurrency mining company in which he holds a major stake.
As the largest individual shareholder, Eric owns approximately 367 million shares, representing about 7.5% of the company. At the IPO opening price of $8.81 per share, that stake was valued at more than $3.2 billion, instantly placing him among the wealthiest members of the Trump family.
However, some analysts suggest a more conservative estimate. Based on American Bitcoin’s total market capitalization of around $8 billion, his ownership could be closer to $600 million in value. The difference highlights the complexity of assessing net worth during volatile post-IPO trading.
Regardless of which figure proves more accurate, this marks a dramatic leap in Eric Trump’s personal wealth, far surpassing the value of traditional Trump family assets like golf resorts, hotels, and real estate licensing ventures.
The move underscores how quickly fortunes can be made in the digital asset sector, with Eric Trump’s financial rise standing as one of the most rapid in his family’s history.
