If he liquidates his stock, the share price will tank.
I wonder if he can form a holding company, list the stock as the asset, then sell the holding company. This way the stock never changes hands, it won’t affect the share price, and he can cash out.
One would HOPE that the regulators wouldn’t allow that but who the hell knows.
Probably not in Trumps specific case. If he goes to prison, or otherwise runs out of cash( which is not unlikely) Truth Social will likely go bankrupt, so it’s not really useful as collateral.
Very different from e.g. Bezos who (for all his faults) build a company that continues to hold some value even in the unlikely event that Bezos makes stupid personal financial decisions.
Yeah. Bezos could die and there would still be plenty of value in Amazon. A little wacky shit over the election or, gods willing, a stroke or heart attack that leaves him mostly crippled and Truth Social will die in a quick fucking hurry.
I believe the stock he owns can’t change hands at all. So there’s no way to transfer it to a holding company.
US regulators are not stupid, especially when it comes to safeguarding investments. Anyone who owns 5% or more of a public company has to file regular reports with the SEC about the size of their investment. You can look these up.
If he liquidates his stock, the share price will tank.
I wonder if he can form a holding company, list the stock as the asset, then sell the holding company. This way the stock never changes hands, it won’t affect the share price, and he can cash out.
One would HOPE that the regulators wouldn’t allow that but who the hell knows.
There’s no reason to liquidate it. As long as it holds ‘value’ it can be used as collateral for low interest loans.
Probably not in Trumps specific case. If he goes to prison, or otherwise runs out of cash( which is not unlikely) Truth Social will likely go bankrupt, so it’s not really useful as collateral.
Very different from e.g. Bezos who (for all his faults) build a company that continues to hold some value even in the unlikely event that Bezos makes stupid personal financial decisions.
Yeah. Bezos could die and there would still be plenty of value in Amazon. A little wacky shit over the election or, gods willing, a stroke or heart attack that leaves him mostly crippled and Truth Social will die in a quick fucking hurry.
I believe the stock he owns can’t change hands at all. So there’s no way to transfer it to a holding company.
US regulators are not stupid, especially when it comes to safeguarding investments. Anyone who owns 5% or more of a public company has to file regular reports with the SEC about the size of their investment. You can look these up.
I think the share price tanking is the least of his concern. It’s just ‘get rich, fuck anyone else’ to him.