Trump moves his entire $4 billion stake in Truth Social into his trust ahead of White House move [Yahoo! Finance]
Trump Media & Technology Group Corp. (DJT)
Company Research
Source: Yahoo! Finance
His shares in Trump Media & Technology Group are currently worth roughly $4 billion, representing the lion's share of his roughly $6 billion net worth . He is the group's largest shareholder. Filings with the Securities and Exchange Commission show the president-elect transferring the stake into the Donald J. Trump Revocable Trust earlier this week. His oldest son Donald Trump Jr is the sole trustee, and has sole voting and investment power over securities held by the trust, according to filings. Trump remains the “sole beneficiary” of the trust. The president-elect has come under fire from ethics groups, lawmakers and government watchdogs for a web of potential conflicts of interest for his presidency. His appointees — many of them billionaires and uber-wealthy Wall Street figures with their own conflicts — will be tasked with regulating agencies and overseeing policy that could affect his profit margins, while the administration's dealings with other countries could be a boon
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DJT
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