"Billionaire Don Hankey's Role in Financing Trump's $175 Million Bond"
TL;DR
Billionaire Don Hankey, known as the "king of subprime car loans," underwrote a $175 million appeal bond for Donald Trump through his company Knight Specialty Insurance, saving Trump from potential asset sales while he appeals a civil fraud case. Hankey, with a net worth of $7.4 billion, oversees the Hankey Group, which includes Westlake Financial Services and Hankey Investment Company LP. His empire spans automotive, finance, technology, real estate, and insurance industries. Hankey's involvement in Trump-related financial dealings has sparked attention, although he insists it's purely business and not politically motivated.
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- How Trump posted the $175 million bond in his civil fraud case NBC News
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