“President-elect Donald Trump transferred all of his shares in the social media company that bears his name to a trust controlled by his eldest son, according to a regulatory filing on Thursday night,” the Washington Post reports.
“Mr. Trump is the largest shareholder of Trump Media & Technology Group, and his nearly 53% stake is worth about $4 billion. Trump Media, which is losing money, has taken in just a few million dollars in revenue.”
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Taegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.
Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.
Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.
Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.
Goddard is the owner of Goddard Media LLC.