Donald Trump Jr. Chooses Venture Capital Over White House Role, Joins 1789 Capital
Donald Trump Jr. steps into a new role with 1789 Capital, leaving a White House position behind to support conservative-driven businesses. Learn more about his plans.
Donald Trump Jr., the eldest son of President-elect Donald Trump, has decided against joining his father’s administration in an official capacity, opting instead to work with 1789 Capital, a venture capital firm that supports businesses aligned with conservative values. Sources familiar with the matter, speaking under the condition of anonymity, confirmed Trump Jr.'s plans to join the firm, signaling a significant shift from a potential White House role to private sector leadership.
A representative for the Trump transition team did not respond to requests for comments on Trump Jr.'s career move.
Throughout his father’s recent presidential campaign and the ongoing White House transition, Trump Jr. has been actively involved, advocating for Ohio Senator JD Vance as a potential vice-presidential pick and participating in the vetting process for new administration members. His choice to enter the investment sector is a departure from public office and mirrors the trajectory of another Trump family member, Jared Kushner. Kushner, who served as a senior White House advisor during Trump’s previous administration, later founded Affinity Partners, a private equity firm focused on high-value investments.
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1789 Capital, led by conservative donor Omeed Malik, diverges from the Wall Street trend of environmental, social, and governance (ESG) investments, favoring instead a framework focused on “entrepreneurship, innovation, and growth” (EIG). Malik’s firm has become an advocate for alternatives to ESG-focused investing, appealing to stakeholders critical of what some perceive as “woke” corporate agendas.
Most of Trump Jr.'s career has been dedicated to the Trump Organization, where he has held significant roles. Recently, he has also engaged in ventures beyond the family business, including a cryptocurrency endeavor, World Liberty Financial, alongside his brothers Eric and Barron and his father.
Also Read: Bitcoin Surpasses $80,000 After Trump’s Election Win: What’s Next for Crypto
