Donald Trump Jr. Got A Kalshi Stake For Free— Now It Could Be Worth Billions As Prediction Market Platform Eyes $40 Billion Valuation: Report
Key takeaways
- Donald Trump Jr. is reportedly sitting on a sizable paper gain after prediction market platform Kalshi handed him equity worth roughly $300,000 when he joined as a strategic adviser in early 2025.
- Trump Jr. did not invest his own money.
- The company is also reportedly in talks to raise fresh capital at a valuation of around $40 billion as soon as the third quarter of this year.
Donald Trump Jr. Got A Kalshi Stake For Free— Now It Could Be Worth Billions As Prediction Market Platform Eyes $40 Billion Valuation: Report Eva Mathew Sun, June 28, 2026 at 5:00 AM GMT+7 6 min read KLSH.PVT Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
Donald Trump Jr. is reportedly sitting on a sizable paper gain after prediction market platform Kalshi handed him equity worth roughly $300,000 when he joined as a strategic adviser in early 2025.
Trump Jr. did not invest his own money. Kalshi granted him the stake when the company was valued at under $2 billion — less than a tenth of its $22 billion valuation in a funding round last month, the Financial Times reported on Friday, citing people familiar with the matter.