"Trump Asserts $500M in Cash Amid Legal Battle Over Asset Seizure"

1 min read
Source: NBC News
"Trump Asserts $500M in Cash Amid Legal Battle Over Asset Seizure"
Photo: NBC News
TL;DR Summary

Former President Donald Trump claims to have nearly $500 million in cash, contradicting his lawyers' assertions that he couldn't meet the $464 million judgment in the civil fraud case brought by New York Attorney General Letitia James. Trump accused the judge of politically motivated actions and communism in America, while his lawyers have appealed the judgment. He must post the bond by Monday or risk seizure of his assets. Trump's presidential campaign has asked for fundraising support, and while he values his brand at over $10 billion, a 2021 financial statement put his net worth at $4.5 billion, with most assets in real estate.

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