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International Business Times

Mark Moore

Trump Transfers Entire Holdings Of Trump Media Into Trust Controlled By His Son

Donald Trump Donald Trump Jr. Trump Media

President-elect Donald Trump transferred all of his shares of Trump Media into a revocable trust. (Credit: AFP)

President-elect Donald Trump transferred all of his shares of Trump Media into a revocable trust controlled by his son, Donald Trump Jr., according to Security and Exchange Commission filings.

Trump did not receive any compensation for moving the 114,750,000 shares into the trust that was described as a gift in the documents.

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