Having his family take over the business isn't a blind trust. https://en.wikipedia.org/wiki/Blind_trust
EDIT: HN is an insult to my intelligence.
Blind trust is not about whether you own the assets or not, it's about NOT knowing what the assets are (hence "blind").
He and his family know what the assets are, which is what brings all the potential conflicts of interest.
>HN is an insult to my intelligence.
Not judging from the above comment.