Amidst a slew of legal challenges and a significant appeals bond requirement, former US President Donald Trump asserts he has nearly $500 million in liquid assets, conflicting with his legal team’s statements and raising questions about his financial capabilities.
Former US President Donald Trump has proclaimed to have nearly $500 million in liquid assets, amidst his ongoing legal challenges and the need to secure a substantial appeals bond. This claim, shared on his Truth Social platform, contrasts with statements from his legal team and emerges as Trump confronts a $454 million fraud judgment. Notably, Trump has not personally financed his campaign since 2016 and faced difficulties securing bonding assistance from 30 companies. His financial difficulties are compounded by a lawsuit from New York Attorney General Letitia James, which accuses him of fraudulent financial practices and inflating his net worth. Trump’s assertion of financial strength raises questions about the potential impact on his legal defenses and assets, as he navigates through these turbulent legal challenges.
