A Tiny Bank in Trump Tower Is Enriching the President’s Sons

Dominari surged after bringing on Eric Trump, Donald Trump Jr.
It’s part of lucrative pattern they’ve embraced since election

Eric Trump, left, and Donald Trump Jr. at the RNC in 2024.Photographer: Eva Marie Uzcategui/Bloomberg

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By Annie Massa, Bailey Lipschultz, and Dylan Sloan

May 19, 2025 at 11:00 AM UTC

From its New York headquarters on Trump Tower’s 22nd floor, Dominari Holdings Inc. operates a tiny investment bank that, less than three years ago, pivoted from developing cancer therapies into finance.

Since then it has lost about $70 million. One of its senior executives was named in a now-settled complaint alleging “Boiler Room” style business practices at an earlier employer. And it has been stockpiling Bitcoin.