Barron Trump is building his drinks empire at Mar-a-Lago

President Donald Trump's youngest son is building his next business venture at his father's Mar-a-Lago estate, according to a report.

Barron Trump, 19, is building a natural energy drink business that features yerba mate, The Daily Beast reported on Thursday. The youngest Trump launched the business with four co-founders: Spencer Bernstein, Rudolfo Castello, Stephen Hall, and Valentino Gomez.

At least two of Trump's co-founders have said they are dropping out of college to focus on the business, according to the report.

This is the third business Trump has formed since enrolling at NYU's Stern School of Business in the fall of 2024. His other ventures include World Liberty Financial, a cryptocurrency venture that he owns with his family, and a real estate development firm that he dissolved last year.

Trump's newest venture was announced at a time when questions are swirling about his father's business deals during the second administration. The Wall Street Journal recently reported that someone associated with the UAE royal family invested $500 million in the Trumps' cryptocurrency venture.

Overall, estimates suggest that President Trump's family has made more than $1.4 billion while in office.

Read the entire report by clicking here.