Zach Witkoff

Witkoff is the son of the real estate developer Steve Witkoff, later U.S. Special Envoy to the Middle East. He graduated magna cum laude from the University of Miami’s Herbert Business School with a Bachelor of Business Administration focused on finance and economics; as of January 30, 2026, he was 32 years old.⁠[1][2][3]

Since January 2020, Witkoff has served as president of Witkoff Capital, a privately held global family office and investment firm headquartered in Miami.⁠[2]

In December 2021, the University of Miami’s Herbert Business School announced that Witkoff and Sonny Kalsi, co-CEO of BentallGreenOak, had joined its Real Estate Advisory Council. Witkoff joined as an alumnus and as executive vice president of The Witkoff Group, LLC, a family firm then relocating from New York to Miami; he said he loved the hardworking teachers of the school’s real estate program and planned to offer current students employment and internship opportunities.⁠[4][4][4][4][4][4]

World Liberty Financial began as a fledgling crypto firm discovered by the sons of the Witkoff and Trump families; Steve Witkoff then alerted Trump to the opportunity to take it over, and the two families negotiated equity arrangements: a Trump family subsidiary owns 60% and is entitled to 75% of net income from token sales, while a Witkoff family firm is entitled to 12.5%. The company launched in October 2024, with Zach Witkoff listed alongside Chase Herro and Zak Folkman as co-founders; he became chief executive and helped build the USD1 dollar stablecoin.⁠[5][5][6][6][2]

At the D.C. Blockchain Summit in Washington, Witkoff took the stage with Chase Herro and Zak Folkman to promote World Liberty’s stablecoin, while Donald Trump Jr. joined the same panel remotely. Witkoff said he wanted people of every party and skin color to use their stablecoin, arguing that it “democratizes finance.”⁠[6][6][6][6][6]

In April 2025, Witkoff visited Pakistan and met the country’s army chief and prime minister, an unusual level of access for a crypto start-up. The prime minister’s office noted in its news release on the meeting that he was “the son of Steve Witkoff.”⁠[5][5][5]

In early May 2025, World Liberty told CBS News that Abu Dhabi’s MGXMGXMGX is an Abu Dhabi artificial intelligence and advanced technology investment company, announced in March 2024 by Abu Dhabi’s Artificial Intelligence and Advanced Technology Council with Mubadala and G42 as foundational partners and chaired by Sheikh Tahnoon bin Zayed Al Nahyan. It has invested in companies including OpenAI, Anthropic, xAI, Databricks, and Binance, and co-founded the AI Infrastructure Partnership (AIP) with BlackRock, Microsoft, and others.Open the full entry would buy $2 billion of World Liberty’s USD1 stablecoin and use it to invest in the crypto exchange Binance, calling it the “single largest-ever investment in a crypto company”; details of the deal were not released, and World Liberty did not respond to questions about how much the Trump family stood to make.⁠[6][6][6][6][6]

An article in the Guardian on May 30, 2025, said that after Steve Witkoff became envoy he appeared to have stepped back from active involvement in World Liberty, with Zach Witkoff acting as the firm’s chief overseas salesman, and that his father’s close relationship with Trump appeared to have helped open doors. Democratic Senator Chris Murphy said the Trump and Witkoff families were “in business together making money off their government positions,” calling the administration’s subsequent relaxation of chip export restrictions on the UAE a “quid pro quo” for Abu Dhabi’s purchase of their stablecoin; Richard Painter, the top White House ethics official under George W. Bush, said that if Steve Witkoff held an interest in World Liberty while a UAE-controlled fund invested in it, that was likely a violation of the Constitution’s emoluments clause.⁠[5][5][5][5][5][5]

Edgar Vasquez, Steve Witkoff’s spokesman at the State Department, said the envoy does not discuss World Liberty or any other personal business while conducting his official duties. Deputy White House press secretary Anna Kelly responded that “there are no conflicts of interest,” saying Steve Witkoff was divesting all of his assets, including World Liberty, and had no operational role in the company; Steve Witkoff said he had begun transferring his interest to his adult sons. Murphy called the White House’s defense “absurd on its face.”⁠[5][5][5][5][5]

The Nasdaq-listed ALT5 Sigma announced offerings totaling $1.5 billion: a $750 million registered offering, plus a private placement of shares and pre-funded warrants to World Liberty Financial in exchange for $750 million of WLFI tokens, with proceeds mainly used to buy WLFI tokens and establish a crypto treasury. In connection with the offerings, the company appointed Zachary Witkoff chairman of its board and Eric TrumpEric TrumpEric Trump is an American businessman and the second son of US President Donald Trump; he has long served as an executive at the family business, the Trump Organization, and ran it with his older brother while his father was president. Since 2024 he has been one of the main public faces of the Trump family’s crypto businesses, co-founding World Liberty Financial and the Bitcoin mining company American Bitcoin.Open the full entry a director.⁠[2][2][2][2][2]

In September 2025, the New York Times reported that Steve Witkoff had advocated providing scarce AI chips to the UAE at the same time that World Liberty Financial, led by Zach Witkoff and Donald Trump Jr., was seeking a $2 billion investment from the Emirati royal in charge of the country’s sovereign wealth; two weeks after the deal, the White House agreed to give the UAE access to hundreds of thousands of high-powered chips. An administration spokesperson responded that the crypto transaction was “totally unrelated to any government business.”⁠[1][1][1][1][1]

In October 2025, Witkoff and his wife, the actress Sophi Knight, whom he married in 2022, were the primary hosts of a 45th birthday fundraiser and reception for 2026 U.S. Senate candidate Nate Morris at the Witkoff family’s farm in Lexington, Kentucky, with Vivek Ramaswamy as a special guest. The Lexington Herald-Leader noted that Morris also has ties to Donald Trump Jr., a business partner of Zach Witkoff.⁠[1][1][1][1][1]

On January 29, 2026, ALT5 Sigma, through a subsidiary, entered into a $15 million collateralized loan agreement with World Liberty Financial at 4.5% annual interest for a term of 24 months. Because Witkoff is co-founder and CEO of WLFI as well as chairman of ALT5 Sigma, the company treats WLFI as a related party.⁠[3][7][7][7][7]

On February 25, 2026, Bruce Bent filed a shareholder derivative complaint on behalf of ALT5 Sigma in District Court in Clark County, Nevada, naming Witkoff and other directors and officers as defendants, with claims of breach of fiduciary duty, unjust enrichment, permanent injunction, and declaratory relief. The company said it disputes the allegations concerning the company and the named defendants and will vigorously defend itself and the other parties; as of its April 2026 annual report, none of the individual defendants had been served.⁠[7][7][7][7][7]

On April 28, 2026, ALT5 Sigma Corporation changed its name to AI Financial Corporation (AiFi), and its ticker changed from ALTS to AIFC from April 29. As of its quarterly report filed in August 2026, Witkoff remained chairman of the board.⁠[8][8][9][9]

Witkoff is co-founder and CEO of World Liberty Financial and one of three members of the Board of Managers of WLF Holdco LLC, the sole member of WLFI; the three share voting and dispositive power over securities held by WLFI, and no individual manager can exercise it alone. On X he describes himself as co-founder and CEO of World Liberty Financial and chairman of AiFi.⁠[3][3][10][10]

X: Public account: https://x.com/ZachWitkoff (opens in a new window)⁠[10]