Facing a civil defamation suit arising from a rape allegation a judge said was “ substantially true”, he must also answer 91 criminal charges regarding state and federal election subversion, retention of classified information and hush-money payments. We use Google reCaptcha to protect our website and the Google Privacy Policy and Terms of Service apply.Ī year on, Trump is also in extreme legal trouble. For more information see our Privacy Policy. Privacy Notice: Newsletters may contain info about charities, online ads, and content funded by outside parties. “Trump is extremely rich.” skip past newsletter promotion “Make no mistake,” the magazine said then. He also fell off the list in 2021, in the aftermath of his chaotic presidency and amid the Covid pandemic. Trump, 77, has fallen off the Forbes list before – first in 1990, when his real-estate empire was struggling. Letitia James, the attorney general of New York state, is seeking $250m and professional penalties against defendants including Trump and his adult sons. Valuations of golf courses are, however, among matters under scrutiny in Trump’s civil fraud trial in New York, where the judge has already ruled that the mogul “clearly fraudulent valuations that defendants used in business”. “As fewer people spend time in the office, more are goofing off on the golf course.”īusiness at Trump golf courses has rebounded, Forbes said, after falling during his time in the White House. “There is a bright spot in Trump’s portfolio,” the magazine added. Trump’s real estate portfolio, on which he built his name before entering politics in 2015, has also suffered. “With an estimated $2.6bn fortune, he is $300m shy of the cutoff for the Forbes 400 ranking of America’s richest people, the annual measurement that Trump has obsessed over for decades, relentlessly lying to reporters to try to vault himself higher on the list.”Īccording to Forbes, a drop of $600m in Trump’s net worth was mostly down to problems and plummeting value at Truth Social, the social media platform he set up after being ejected from Twitter and Facebook over the January 6 attack on Congress.
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