Trump's $4 Billion Trust Transfer Shocks Markets
President-elect Donald Trump made a significant move by relocating his entire stake in Trump Media and Technology Group to a trust.According to AP News, Trump transferred approximately 115 million shares, valued at around $4 billion, into the Donald J. Trump Revocable Trust as a bona fide gift.
President-elect Trump, who recently won re-election, took the steps to secure his assets in a revocable trust by transferring his substantial shares from Trump Media. This move involves nearly 115 million shares, which at the time of the transfer were valued at close to $4 billion.
Understanding The Significance Of Trump's Share Transfer
2 comments:
I really hate to say it, but Truth Social is my least favorite of the social medias. Facebook is by far the best in spite of their algorithims.
You put everything you own into a trust that way you do not own anything and if somebody sues you they can't get anything because everything is put into a trust it's a legal move definitely if you have multiple lawsuits pending and you're going to lose and then you say you have no money to pay the lawsuits then your file bankruptcy cuz you own nothing
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