Ivanka Trump was a trustee for a group of shares in 21st Century Fox and News Corp that belong to Rupert Murdoch’s two youngest daughters. During the presidential campaign, she served as a trustee for Grace and Chloe Murdoch, who own a combined $300 million’s worth of shares in the two media groups, highlighting the close ties between the President’s family and the media mogul. A spokesperson for President Trump stated that Ivanka stepped down from the board of trustees at the end of December 2016.
See Matthew Garrahan, Ivanka Trump Oversaw Murdoch Daughters’ Trust, Financial Times, February 8, 2017.
Special thanks to Joel Dobris (Professor of Law, UC Davis School of Law) for bringing this article to my attention.
