Deferred payment: Trump gets 10 days to post $175 million bail, instead of previous $454 million

Deferred payment: Trump gets 10 days to post $175 million bail, instead of previous $454 million
Deferred payment: Trump gets 10 days to post $175 million bail, instead of previous $454 million
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It turned out not to be possible to put the money on the table yourself. It is unclear exactly how much money Trump has. Forbes magazine estimates his worth at around $2.6 billion, but other media say that is an underestimate. For example, Bloomberg speaks of an amount of $ 3.1 billion. Another $2.7 billion could soon be added if he goes public with his media company.

However, a large part of that amount is tied up in real estate. These estimates include the value of Trump Tower in New York and that of his Mar-a-Lago residence in Florida. In addition, he is not allowed to sell his shares in his media company on the stock exchange for the first 6 months.

In an interview with Fox News, Trump himself said that he has approximately $500 million in cash, but in the meantime he had to pay a $92 million bail in the case against columnist E. Jean Carroll. In addition, he must have enough money left over for his army of lawyers, his other lawsuits and his Republican election campaign.

Now that Trump has to pay ‘only’ $175 million, it seems more likely that he will be able to pay the necessary amount. That also means he has a better chance of appealing his sentence in the fraud case in New York.

The article is in Dutch

Tags: Deferred payment Trump days post million bail previous million

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