According to CNBC citing documents from the USA Securities and Exchange Commission, the USA presidential election winner Trump transferred all of his 0.11475 billion shares in Trump Media (DJT.US) to the revocable Trust Donald J. Trump Revocable Trust on Tuesday (17th), with no monetary transaction involved, and Trump is the sole beneficiary of the Trust.
Based on the closing price of Trump Media yesterday (19th) at $35.41 per share, the transfer involves a total stock value of over $4 billion. Trump Media operates the Truth Social application, and Trump was once the largest Shareholder of that social media company.