Ivanka Trump oversaw Murdoch daughters' trust

[highplainsdem]

Source: Financial Times

Donald Trump’s daughter Ivanka was a trustee for a large bloc of shares in 21st Century Fox and News Corp that belong to Rupert Murdoch’s two youngest daughters, underscoring the close ties between the US president’s family and the mogul behind the Fox News Channel.

The president’s daughter was a trustee of Grace and Chloe Murdoch, Mr Murdoch’s children by his ex-wife Wendi Deng, during the campaign. The two girls, aged 15 and 13, hold shares worth close to a combined $300m in the two companies, which are controlled by Mr Murdoch and his family.

A spokesman for Mr Murdoch declined to comment on Ms Trump’s role on a five-person trustee board, which was confirmed by several people briefed on the situation who said she was a trustee for several years. A spokesperson for Ms Trump told the Financial Times that she stepped down from the board on December 28.

-snip-

Mr Murdoch is said to be in regular contact with the new president and his daughter, according to people briefed on the situation. The close ties between the families have endured since the election, according to multiple people aware of the relationships.

-snip-

Read more: https://www.ft.com/content/a615f0ce-ed90-11e6-930f-061b01e23655

[dalton99a]

1. Don't people give their teenagers $300M all the time?

Something deplorables can relate to

[Sunlei]

2. obvious he has connections to (R)fox TV, he had live call in interview spot every campaign AM.

like a mafia family

[hamsterjill]

3. And Wendi Deng is Putin's girlfriend, isn't she?

I mean, nothing's ever confirmed, but isn't that generally known and understood?

[sarcasmo]

4. Bingo. Connect the dots and follow the money.

The Wendi Deng and Ivanka get together in Europe this summer, set off my corruptometer.