I blame MTV

Posted on: February 24, 2024 at 18:59:47 CT

Mr. Trump’s net worth, which he estimates to be in the billions, is largely derived from the value of his real estate, not cash. As of last year, he was sitting on more than $350 million in cash — as well as stocks and bonds he can sell in a hurry — but that stockpile is well short of what he needs, according to The Times’s review of his financial records. Justice Engoron’s $454 million judgment and the $83.3 million judgment Mr. Trump is facing from the defamation trial involving the writer E. Jean Carroll will collectively eclipse the former president’s cash reserves, forcing him to seek out a bond in both cases.

For now, he has not secured appeal bonds in either case. On Friday, Mr. Trump’s lawyers in the defamation case asked a judge to either grant him more time or reduce the size of the bond.



Edited by Ace at 19:06:12 on 02/24/24