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Forbes Topline

Here’s How Much Donald Trump Has In Cash

Forbes Topline

Forbes

Business News, News, Entrepreneurship, Business

4.86 Ratings

🗓️ 12 March 2024

⏱️ 11 minutes

🧾️ Download transcript

Summary

Forbes has been valuing real estate tycoon and former President Donald Trump's fortune for decades. Here’s the math behind how much cash he likely has on hand. Stay Connected Forbes newsletters: https://newsletters.editorial.forbes.com Forbes on Facebook: http://fb.com/forbes Forbes Video on Twitter: http://www.twitter.com/forbes Forbes Video on Instagram: http://instagram.com/forbes More From Forbes: http://forbes.com Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Hi everybody I'm Brittany Lewis with Forbes Breaking News.

0:05.9

Joining me now is my Forbes colleague Money and Politics reporter Kyle Mullins.

0:09.7

Kyle, thanks for coming on back.

0:11.5

Always great to be here, Brittany.

0:15.0

We have a similar theme from past conversations and yes, we are talking about Donald Trump's

0:20.3

money.

0:21.1

You and I have discussed before that he owes over half a billion

0:24.3

dollars in legal penalties. So before we dive into the conversation, remind our

0:28.6

viewers how he got here. Absolutely, Brittany. So this is really the story of two legal cases. The first one,

0:37.0

the writer E. Jean Carroll sued Trump for sexual abuse and defamation and she won two verdicts

0:42.0

against him. The first one was for five million dollars and the second was for a whopping 83 million dollars.

0:47.5

That's 88 million of the roughly 540 million going up every day that he owes.

0:54.2

And I should note actually that E.D. Carroll money is due

0:56.9

to be deposited in a court account in just a couple of days.

0:59.8

And so far, we haven't seen that money be deposited.

1:03.5

The second case is the New York Attorney General's case against him.

1:07.5

She sued him for fraud, a long running patterns of business fraud, and she want a judgment against him for a little

1:14.6

over 350 million dollars plus over a hundred million dollars in interest and again like

1:18.4

I said that is going up every day. And you calculated how much cash the former president does have on hand.

1:25.0

Drum roll, please reveal the number.

1:27.0

Well, before I reveal the number, I have to say credit where it's due.

1:31.0

This is based on Dan Alexander's reporting. is of course the all-star Trump reporter that we rely so much on here

...

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