NewsBite

A tiny bank in Trump Tower is making the president’s sons rich

A tiny bank in Trump Tower is making the president’s sons rich

Donald Trump jnr and Eric Trump have been picking up corporate jobs and acquiring millions since their father was re-elected – but one deal stands out.

A simpler time: Donald Trump with his two sons, Donald jnr (left) and Eric on reality TV show The Apprentice. NBC

From its New York headquarters on Trump Tower’s 22nd floor, Dominari Holdings operates a tiny investment bank that, less than three years ago, pivoted from developing cancer therapies into finance.

Since then, it has lost about $US70 million ($108 million). One of its senior executives was named in a now-settled complaint alleging “Boiler Room” style business practices at an earlier employer. And it has been stockpiling Bitcoin.

Loading...

Bloomberg Wealth

Read More

Latest In North America

Fetching latest articles

Original URL: https://www.afr.com/world/north-america/a-tiny-bank-in-trump-tower-is-making-the-president-s-sons-rich-20250520-p5m0ku