Don Jr.'s Board Seats

Anchor investor in most American Ventures vehicles and ~12% combined private shareholder of Dominari Holdings via the advisory-board relationship he and his brother formed in late 2024.

Anchor investor in most American Ventures vehicles and ~12% combined private shareholder of Dominari Holdings via the advisory-board relationship he and his brother formed in late 2024.

Co-owner of Executive Branch via 1789 Capital; head of the Florida-based venture firm that also hired Donald Trump Jr. as a senior executive.

Co-owner of Executive Branch; son of Trump Middle East envoy Steve Witkoff.

Founding member of Executive Branch; co-CEO of Gemini Trust, whose SEC enforcement case was paused under Trump-installed agency leadership in April 2025.

Founding member of Executive Branch; Trump White House "crypto czar".

Founding member of Executive Branch; top Trump fund-raiser and lobbyist who in Q1 2025 registered 39 new corporate clients including the offshore crypto firm Tether.

Dominari Holdings chief executive who befriended Eric Trump and Don Jr. and brought them onto the advisory board in late 2024.

President Trump's senior counselor for trade and manufacturing. According to Defense Department records and interviews reviewed by ProPublica, he made the request that set the Vulcan loan in motion, the only deal under Pentagon review initiated by a top White House aide. He is a close friend of Donald Trump Jr., who hosted him on his streaming show a week before the loan was announced. His role was not publicly disclosed, and he did not respond to questions.

Prominent Republican donor and backer of 1789 Capital, maintaining financial ties to a venture firm now partnered with the president-elect's son.

Founding member of Executive Branch; co-CEO of Gemini Trust, whose SEC enforcement case was paused under Trump-installed agency leadership in April 2025.

Co-owner of Executive Branch; son of Trump Middle East envoy Steve Witkoff and co-founder of World Liberty Financial.

Invested in Vulcan in its $65 million August 2025 round, about three months before the loan was announced, at a time when estimates put Vulcan's value near $200 million. The size of its stake has not been disclosed. The firm said it played no role in the loan and did not learn of it before it was public.

$1.04 billion investment vehicle (21 entities as of early April 2026) targeting U.S. small-cap and private companies in crypto, AI, drone, nuclear, and defense sectors. 90 percent owned by Dominari Holdings.

Trump Tower-headquartered financial group that owns 90 percent of American Ventures; Trump sons sit on its advisory board and own ~12 percent of its stock. Run by CEO Kyle Wool.

Florida golf-course operator that IPO'd in February 2025 with Dominari as lead underwriter; agreed in March 2026 to merge with Powerus, making it the public vehicle through which the U.S. Air Force order flows.

Made the $620 million conditional loan commitment through its Office of Strategic Capital, using lending authority from the One Big Beautiful Bill Act, and takes warrants in Vulcan. Staff were told the deal was a White House priority and completed it in weeks rather than the usual months. The department said political connections play no role in its funding decisions.

Private Washington membership club; profits from $500k seats sold to executives and donors seeking proximity to the Trump administration. Re-creates the role previously served by the lobby of the Trump International Hotel in Washington.

Appointed Donald Trump Jr. as Strategic Advisor, announcing the role publicly and framing it as a milestone for the company's growth and mainstream ambitions.

Received an undisclosed strategic investment from 1789 Capital and added Donald Trump Jr. to its advisory board, as the company works to expand its U.S. footprint.

Drone manufacturer that received the limited Guardian-2 Interceptor procurement order. Agreed to merge with Aureus Greenway in March 2026; Dominari was lead underwriter of the Aureus February 2025 IPO and American Ventures invested in the merged entity.

Placed a limited procurement order in late April 2026 for the Powerus Guardian-2 Interceptor drone system.

The borrower. A rare-earth magnet maker launched in 2023 with fewer than 50 employees, it received a $620 million conditional Pentagon loan to build a 10,000-metric-ton magnet facility, part of a $1.4 billion package. Estimates of its valuation rose from about $200 million to about $2 billion after the deal. It did not respond to ProPublica's questions.