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Donald Trump Jr. could see large paper gains from Kalshi equity or from equity-based holdings

2026-06-27 03:34:08

Abstract generation in progress

On June 27, according to the FT, Donald Trump Jr., the eldest son of Trump, joined the prediction market platform Kalshi as a strategic advisor in early 2025 and received approximately $300k worth of Kalshi equity, at which time the company was valued at less than $2 billion. Kalshi's valuation has since risen to $22 billion in its latest fundraising round last month, and it is reportedly in talks to raise funds at a valuation of approximately $40 billion as early as the third quarter of this year. Trump Jr.'s equity may have generated substantial paper gains. The report said that Trump Jr. did not invest his own money at the time, but his stake has been significantly diluted in subsequent Kalshi share issuances.

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