Former President Trump is facing more than $400 million in looming legal penalties from a fraud case and sexual assault case that have raised questions about his finances.
Former President Trump is facing hundreds of millions of dollars in looming penalties from civil cases that could challenge the ability of Trump and his organizations to fund the legal judgments against them.
Trump's net worth has been estimated at $2.6 billion by Forbes, and a Trump Organization document that was included as evidence during the trial indicated that Trump had $293.8 million in "cash and cash equivalents" at his disposal in 2021. The AG's office said that figure included $93 million in assets that weren't liquid. The document also put Trump's net worth at $4.5 billion, which he has called too low.
New York Gov. Kathy Hochul has sought to tamp down concern from those in the business and investment community that the case against Trump could be a sign of things to come for other companies, saying that most business owners are law-abiding and that the judge found Trump violated the law.
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