America New York: Former New York Mayor Michael Bloomberg, the candidate for the US presidential election, plans to transfer his media company Bloomberg LP, which he founded nearly 40 years ago, to running a trust fund to sell if he wins the election.

The value of the Bloomberg LP sale would be $ 60 billion. According to Russia Today, billionaire spokesman Timothy O'Brien has ruled out the possibility of selling Bloomberg LP to a foreign entity or company that contributes to direct investment.

O'Brien said, according to the Associated Press: We want to differentiate against Donald Trump with regard to conflicts of financial interests and official interests, and we consider Trump's refusal to distance himself from his financial interests and a stain on his presidency.

Bloomberg is ranked third 14% among the contenders for the Democratic nomination to participate in the American presidential elections and is shared by Senator Elizabeth Warren of Massachusetts 14%.

According to a poll, "Bloomberg" is preceded by Senator Fernie Sanders 27% and former Vice President Joseph Biden 15%.

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