Trump Jr.'s 1789 Capital Nears 200% Returns as Scrutiny Grows
The firm has grown to $3 billion and drew scrutiny after investments were followed by $620 million in federal loans and other government financing.
- The New York Times reported on Wednesday that 1789 Capital's investment fund generated nearly 200 percent returns as of Q2's end, a figure ten times that of healthy venture-capital firms.
- Trump Jr. joined 1789 Capital as a partner shortly after his father's November 2024 election victory, while business partner Omeed Malik had co-founded the firm in 2022 to back overlooked companies.
- CNN analysis found 10 defense, space and software companies invested in by 1789 received over $1.6 billion in federal contracts within 500 days, while Polymarket's valuation surged to $15 billion and Vulcan Elements received a $620 million Defense Department loan.
- Democrats in Congress, including Elizabeth Warren, are investigating whether 1789 influenced the Vulcan Elements loan, following ProPublica's report last month that the White House intervened to advance the deal.
- Trump Jr. holds no policy position and talks to his father only every few weeks without discussing policy, while Malik acknowledged knowing White House officials personally to inform investment decisions; the White House spokesperson denied conflicts of interest.
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'Desperate' Don Jr.'s 'shameless corruption' pursuit is doomed to fail: Analyst
President Donald Trump's eldest son may have reached unprecedented heights of "shameless corruption and sheer moral repugnance" — but it's in pursuit of a goal he's unlikely to achieve, a new analysis contends. MS NOW journalist Paul Waldman on Sunday skewered Donald Trump Jr. for what he described as a relentless pursuit of extreme wealth and revealed his surprising theory as to why. "He has cemented his position as perhaps the most distasteful…
According to The New York Times, the company 1789 Capital, co-founded by Trump Jr. and investor Omeed Malik, has concentrated stakes in strategic sectors such as technology, defense and artificial intelligence — areas often dependent on public procurement and regulatory decisions. The company's growth has been fast: in about two years, it has been managing billions of dollars. Part of this performance is explained by early investments in compani…
Don Jr.’s Investment Firm Posts Staggering Returns
New York Times: “Dating back to the first Trump administration, members of the Trump family have faced criticism for mixing business with politics. But what sets apart the latest moves by Donald Trump Jr. is how he and Mr. Malik, through 1789 Capital, are cashing in on the policies of the current administration openly and without apology.” “Many of the companies that 1789 has invested in have large government contracts while others, like Polymar…
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