Exhibit 21.1

 

Mentor Capital, Inc. Subsidiaries

 

The following is a list of subsidiaries of Mentor Capital, Inc. as of December 31, 2024:

 

Name of Subsidiary   % of ownership   State in which Incorporated
Mentor IP, LLC   100%   South Dakota
Mentor Partner I, LLC   100 %   Texas
Mentor Partner II, LLC   100 %   Texas
TWG, LLC   100 %   Texas