Summary
Barron Trump, President Donald Trump's youngest son, has started a new drinks company called Sollos Yerba Mate Inc. The company, which plans to sell yerba mate tea, is registered in both Delaware and Florida and has raised $1 million in capital through private funding.
Key Facts
- Barron Trump is involved in a business called Sollos Yerba Mate Inc.
- The company focuses on selling yerba mate, a caffeinated herbal tea.
- It is registered in Delaware and Florida, both states known for accommodating business ventures.
- The business has five directors, including Barron Trump, and involves college students he studied with in high school.
- The company raised $1 million in capital via private placement.
- Barron Trump’s venture is close to the Trump family’s Florida residence.
- The business registration data initially listed the company name as SOULSTICE, INC., which was later changed.
- President Trump is not involved in managing this business venture.
