Kalshi advisor equity Copy link

The Financial Times reported, citing people familiar with the matter, that Kalshi granted him equity worth about $300,000 when he joined the prediction market as a strategic adviser in January 2025, when the company was valued at under $2 billion. He did not invest his own money. Kalshi was later valued at $22 billion.

Paid by Kalshi

Value at the time of the grant. The stake has reportedly been diluted since, and its current value is not reported. One original report (the Financial Times, paywalled); the cited articles are rewrites of it. Neither Kalshi nor Trump Jr. responded to requests for comment.

• ReportMoneywise, via Yahoo Finance · Kalshi reportedly gave Trump Jr. a $300K stake when it was worth $2B. Now at $22B, it wants to allow borrowed-money bets · 23 Sep 2026 · Archived
• ReportBenzinga, via Yahoo Finance · Donald Trump Jr. Got A Kalshi Stake For Free— Now It Could Be Worth Billions As Prediction Market Platform Eyes $40 Billion Valuation: Report · 27 Jun 2026 · Archived