Trump Moves $4 Billion of Media Firm Stake Into Trust Run by Son [Yahoo! Finance Canada]
Trump Media & Technology Group Corp. (DJT)
Company Research
Source: Yahoo! Finance Canada
(Bloomberg) -- President-elect Donald Trump transfered about $4 billion worth of shares in his media company to a trust that is controlled by his eldest son, Donald Trump Jr. Most Read from Bloomberg The soon-to-be president, who was the largest Trump Media & Technology Group Corp. shareholder with nearly 115 million shares, will now directly own zero shares and be the trust's sole beneficiary, according to a filing with the US Securities and Exchange Commission. According to a separate filing on Thursday evening, Donald Trump Jr. “has sole voting and investment power over all securities owned by the Trust.” The move is similar to the approach Trump took in his first term on the conflicts of interest that his sprawling real estate empire posed. Instead of divesting his assets, Trump put them into a trust managed by his two eldest sons, Donald Trump Jr. and Eric Trump, as well as Allen Weisselberg, a longtime executive of his business. Critics, including Walter Shaub, then t
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News
- Trump is surrounding himself with a tight-knit group of right-wing tech barons [MSNBC.com]MSNBC.com
- Trump's net worth rose by billions this year despite legal challenges and wild stock market. Here's what it is now. [Yahoo! Finance]Yahoo! Finance
- Trump's Net Worth Rose $3.6 Billion This Year—Despite Wild Fluctuations In His Wealth [Forbes]Forbes
- Trump transfers almost $4 billion of his Truth Social parent company shares to a trust in surprise move [FOX Business Network]FOX Business Network
- Nvidia stock slumps, the Dow's losing streak, and Social Security's big changes: Markets news roundup [Yahoo! Finance]Yahoo! Finance
DJT
Sec Filings
- 12/19/24 - Form 4
- 12/19/24 - Form 4
- 11/19/24 - Form 8-K
- DJT's page on the SEC website