Donald Trump’s legal debts might now exceed a half-billion dollars
A New York judge ordered Trump and his companies Friday to pay $355 million in fines, plus interest, after ruling that he had manipulated his net worth in financial statements.
The stiff penalty comes just weeks after Trump was ordered to pay $83.3 million to the writer E. Jean Carroll for damaging her reputation after she accused him of sexual assault. A separate jury last year awarded Carroll $5 million from Trump for sexual abuse and defamation.
Add interest payments on top of that and the judgments could deal a staggering blow to the personal fortune that remains core to Trump’s political appeal. He has adamantly denied wrongdoing and pledged to appeal, a process that could take months or even years.
In the meantime, here’s what we know about what Trump owes, whether he’ll have to pay up, and what comes next:
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That’s true, however, the total funds including PACs of his first term were less than his 350 million fee, so he wouldn’t have been able to run for president at all in 2016 if these fees were around then, and even in 2020 when they went up to 750 million, a historical amount of presidential campaign funds, especially for a piece of s***, if you subtract the 530 million dollars he owes, it’s a very significant amount.