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Donald Trump Jr., the eldest son of US President-elect Donald Trump, has decided not to join his father's White House administration. Instead, he worked for venture capital firm 1789 Capital, which specializes in investing in conservative initiatives.
This was reported by the Financial Times and Bloomberg, citing anonymous sources. According to the interlocutors of the journalists, Trump Jr. will become a partner at 1789 Capital, founded in 2022 by Trump donor Omid Malik.
The company aims to support businesses that, according to its founders, will contribute to "the next era of American prosperity." The principles of 1789 Capital differ from popular ESG (Environmental, Social and Corporate Governance) standards. Instead, the company follows its own model, the EIG, which emphasizes entrepreneurship, innovation and economic growth.
One of the company's first investments was support for the Tucker Carlson Network platform, which was created by right-wing journalist Tucker Carlson. It is known that Carlson interviewed Kremlin dictator Vladimir Putin.
Donald Trump Jr. actively supported his father in his re-election, in particular, he was an important figure in the promotion of Senator James Vance to the position of vice president. In addition, he played a role in establishing ties with Robert Francis Kennedy Jr., who supported Trump in the presidential campaign after abandoning his ambitions.
Equally important is the fact that Donald Trump Jr. is actively working in the cryptocurrency sphere. Along with brothers Eric and Barron, he is involved in the cryptocurrency business World Liberty Financial, which was launched this year.
