This week, we're replaying some of our favorite Forbes stories from 2024.

Today on Forbes, here's how much money Trump owes and who stands to collect.

Donald Trump likes to downplay the amount of money he owes.

Earlier this year, he said, quote, I've got very low debt on buildings, like this building.

He was standing in the lobby of 40 Wall Street,

a property that appears to be underwater

because of its $118 million mortgage,

just one liability in a portfolio with $1.8 billion of them.

Trump reworked his balance sheet after leaving the White House, paying off more than a half-dozen

loans.

But three major court decisions collectively added an estimated $574 million of liabilities

to his balance sheet.

He holds roughly $410 million of cash and more than $9 billion of other assets, including

almost $6 billion worth of shares in his very volatile social media venture, which he could

theoretically liquidate to pay off creditors.

Presented with a list of liabilities, Trump's chief legal officer, Alan Garten, pointed out that the former

president is appealing the legal judgments and took issue with Forbes's numbers, noting that they

include debt against buildings where Trump is a limited partner and therefore would not be personally

liable in the event of a default. Garten also seemed to suggest, nonsensically, that money owed to members of Trump's clubs

should not be included in the tally because Trump will pay them back with future income.

Meanwhile, campaign spokesperson Stephen Chung touted Trump's career successes and suggested

that the former president owes fewer Washington insiders than other politicians.

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