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
1 comment:
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.
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