Donald Trump transfers his $4 billion media company shares to a trust, with his son as trustee.

President-elect Donald Trump has transferred his entire 114,750,000 shares in Trump Media & Technology Group Corp (TMTG) to a revocable trust, of which he is the sole beneficiary, according to SEC filings. The shares, valued at over $4 billion, are now indirectly owned by Trump through the trust. His son, Donald Trump Jr., serves as the sole trustee with full control over the securities. This move mirrors Trump's previous asset transfers to the same trust before his first inauguration and during his 2016 campaign.

3 months ago
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