Baron Trump’s business partner has clarified the future of the luxury real estate business

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The luxury real estate business founded by Barron Trump, the youngest son of President Donald Trump, will not be restarted, according to one of his partners in the project.

of New York Post The younger Trump reportedly plans to launch Trump, Fulcher & Roxburgh Capital Inc. with two business partners, Carter Fulcher and former high school classmate Cameron Roxburgh.

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

“From now on, the company will not restart,” Roxburgh told FOX Business.

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President Trump’s son Barron Trump at Trump National Doral Golf Club in Miami, Florida, in 2015. July 9, 2024 during campaign preparation. The young Trump is reportedly starting his own real estate business. (Eva Marie Uzcategui/Bloomberg via Getty Images/Getty Images)

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

The venture is listed as its primary address at Mar-a-Lago in Palm Beach, Florida.

Roxburgh previously told Newsweek that work was on hold to avoid election-related media attention. However, Fox Business, when reached by Roxburgh for comment, said the company would not be restarting.

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Trump's construction

The Trump Building at 40 Wall Street in New York’s Financial District 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 field. Fulcher is the cousin of U.S. Representative Russ Fulcher, Republican of Idaho.

FOX Business has reached out to both Fulchers for comment.

President Trump followed in his father’s footsteps when he took over his residential real estate company in 1971, before developing several of Trump’s luxury high-rises, hotels and casinos and cementing the Trump name.

Outside view of Trumpet Hotel

Construction continues on the Trump International Hotel on Pennsylvania Avenue in Washington as the hotel 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 incorporated, his brother Eric Trump also incorporated an undisclosed company called ET Talks LLC.

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