Eric Trump opens the political dynasty door (Financial Times interview)

by Andrea
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Article originally in the Financial Times. Other articles .

Eric Trump said that the “political career” of the family dynasty “would be easy”, opening the door to another member of the Trump family to apply for the office after his father left the White House.

He said this in an extensive interview for the Financial Times, in which the fellow Vice President Trump Organization spoke of his international real estate stores, responded to criticism that the family was trying to profit from the presidential office and reiterated his father’s claims about political persecution.

“The real question is: ‘Do you want to pull other members of your family into it?'” Said the son of the US President. “I would like my children to experience the same thing I have experienced in the last ten years? If the answer was yes, I think the political career would be simple, that is, I could do it,” he added. “And by the way, I think the other members of our family would do it too.”

Time will show whether Donald Trump will run for

41-year-old Eric, who grew up on the top floor of Trump Tower, is considered less politically engaged than his older siblings and instead focuses on a family business that Donald Trump has entrusted from the beginning of his first term in 2017.

His older brother Donald Jr. He is a frequent organizer of the collections and podcaster of the Maga movement, his sister Ivanka held the position in the first Trump’s White House and his wife Lara last year co -chairing the Republican National Committee. Eric Trump, however, claims that “he was absolutely not burned by half of the politicians I see … I could do it very effectively”.

The favorites for the Republican nomination in 2028 are considered the American vice president of JD Vance and Minister of Foreign Affairs Marco Rubio, but on the question of whether a family member will apply for a candidacy then or in the following elections, Eric Trump replied: “Who knows?”

When asked if the elections in 2024 will be the last in which Trump will run, he replied, “I don’t know … time will show. But I’m not the only one.” He added that “the question is whether you want to do it. And whether you want to expose the people you love, the brutality of this system. And I am not sure if I can answer this question.”

Half a billion to defend Trump

While critics claim that the second Trump’s term of office was marked by the personal involvement of the President in the efforts to raise funds, the family often portrays itself as a persecuted enemy establishment. “If there is one family who has not benefited from politics, it is the Trump family,” said Eric Trump.

“In fact, I would sit and say that if my father did not run, we would have much more zeros for the name. Alternative costs, legal costs, a tax that required our family was astronomical.” He said that the Trump family spent nearly $ 500 million “just to defend against Russian frauds, false hoaxes and dirty writings on unimaginable things”.

In 2024, a New York judge ordered Donald Trump and Trump’s organization to pay hundreds of millions of dollars of fines after he was sentenced to “flagrantly false financial data”. Donald Jr. And Eric Trump were sentenced to paying more than $ 4 million and individually were banned from doing business in New York for two years. An appeal was filed against the judgment.

The family plunged into the social media sector after Donald Trump was expelled from Facebook and Twitter after the attack on Chapters 6 January 2021. This led him to create his own Truut Social social network and thus spread his message.

They focused on cryptocurrencies

The share of President in the parent company Trump Media & Technology Group is now worth about $ 2 billion on paper, but family cryptomen assets can compete with its real estate portfolio. According to Eric Trump, the family turned to cryptocurrencies after the traditional financial institutions rejected her. Now he describes it as “very profitable business”.

TMTG has won $ 2.5 billion to buy bitcoin. Trump’s company World Liberty Financial also stated that the state investment company from the United Arab Emirates used its Stablein to invest two billion dollars in Binance.

The President also tried to use the enthusiasm for cryptocurrencies, and a few days before his return to the office in January issued his own memecoins $ Trump. In May he rewarded the largest token holders with dinner on his golf course in Virginia.

Eric Trump himself founded a crypto mining company called American Bitcoin. Bitcoin called the “golden asset of a modern era” and said that the cryptocurrency is “better than gold”: “tradable 24/7”, “transportable”, “digital”, “instant” and limited quantities. On the contrary, last month at the Krypto conference in Las Vegas, he said that “he would like to see some big banks would disappear”.

His father, who rejected the cryptocurrency in 2019 as “highly volatile”, “air -based” and as a means of illegal activities, now leads a campaign in Washington to support this industry.

Expanded to China and India

Eric Trump, who claims that Trump Organization is worth between eight and twelve billion dollars, and in the meantime concludes real estate trades around the world, despite the promise that the group has given before his father’s first parliamentary term to avoid new foreign businesses.

“For this we have not received absolutely any recognition, and we did everything right,” he added with reference to the promise. “I’m really busy and my father is trying to prevent the Third World War,” he said. “My father has nothing to do with companies, he doesn’t manage any of our companies. I run great hotels around the world. I’ve been doing it all my life, I started on construction when I was eleven years old. It’s all I have ever known.”

Eric Trump said he was working on “several” hotels in India. The group associated with the richest man of India Mukeš Ambani recently paid Trump’s “development fee” of $ 10 million. “Choose the five largest places [v Indii] And we’ll be there, ”he said.

Given the role of the geopolitical situation in potential trades, however, he added that if there were “real political stability”, it would enter the Israeli market and have hundreds of opportunities to enter the Chinese market. “Our brand is extremely popular in China,” he said. “But there is no right time at the time of tariffs and commercial wars, right?”

© The Financial Times Limited 2025. All rights reserved. It must not be further spread, copied or modified. Ringier Slovakia Media is responsible for providing this translation. The Financial Times Limited is not responsible for the accuracy or quality of the translation.

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