Donald Trump Jr. fund grows from $200M to $2B with patriotic investing

Patriotism is on the rise with this momentum coinciding with president Trump’s first year of his second term.

The 1789 Capital Growth Equity Fund, which invests in US securities and capital, has seen assets swell to $2 billion as of December 31, 2025, after starting the year with just $200 million. The fund is now closed to new investors, sources told FOX Business. The firm also has a new fund, the 1789 Real Estate Fund, which has attracted $1 billion in capital in just a few months.

Sources say the fund aims to benefit people migrating from high-tax blue states, such as New York, to South Florida, which has led to a greater need for commercial space, housing, hospitals and schools.

The company, co-founded by investors Omid Malik and Chris Buskirk, which also includes Donald Trump Jr. as a partner, was an early adopter of investing in America.

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Among the 30 notable bets is Elon Musk’s SpaceX, which reportedly could go public this year, giving it a potential valuation of $1 trillion, according to early estimates. Also, in the portfolio of artificial intelligence company Groq, which partnered with Nvidia in December in a deal worth about $20 billion, according to reports.

In addition, defense technology company Anduril, founded by Palmer Luckey, is a holding company. Earlier this week, Luckey touted the company’s emerging US military technology during an exclusive interview with FOX Business’ Liz Claman.

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“We’re about to begin large-scale manufacturing of the first autonomous fighter jet that Andoril has had the opportunity to manufacture. The YFQ-44 for the United States Air Force. There’s no pilot. There’s no pilot at all. It’s an independent, dedicated pilot who flies alongside American pilots. So, you have a mix of manned pilots and drone pilots, and they’re able to take risks that a human pilot can’t take.”

Anduril’s YFQ-44, seen as a model, is an unmanned combat aerial vehicle. (Photography: Kyle Grillot/Bloomberg via Getty Images/Getty Images)

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GrabAGun, an online gun retailer, is also backed by the company.

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Mark Nemati, CEO of GrabAGun Digital Holdings, from left, Donald Trump Jr., executive vice president of development and acquisitions at Trump Organization Inc., and Omid Malik, founder of 1789 Capital, ring the ceremonial bell (Photo by: Michael Nagel/Bloomberg via Getty Images/Getty Images)

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Following its IPO on the New York Stock Exchange in July, Trump Jr. told FOX Business that his investment group’s involvement with GrabAGun is a “catalyst for change” in an era when there has been a “cultural shift” in attitude toward the Second Amendment.