Trump Brags About How Rich He Is—and Gets Himself in Trouble
It’s a pretty big boast from the former president, who has also repeatedly insisted he can’t possibly post the full bond in his multiple lawsuits.
Donald Trump wants you to know that he is absolutely not having a hard time finding the money to pay his legal comeuppance and that he is still totally super, super rich.
The former president was fined $354 million for committing real estate–related fraud in New York. In order to appeal the decision, Trump must post a bond of the full amount plus interest—which has already reached more than $450 million, with an additional $112,000 tacked on per day.
“You have to come up with something like $400 million; how close are you to securing the bond or would you need for that?” asked Fox News’s Brian Kilmeade on Tuesday.
“I have a lot of money, I can do what I want to do, but this was a horrible, illegal decision,” Trump said. “This was a decision made up by a crooked judge, a 100 percent crooked clubhouse judge, a disgrace with an equally crooked attorney general, who campaigned on ‘I will get Trump,’ and we’re appealing that decision and we’ll see how we do.”
So far, the self-purported billionaire has attempted to pause the rapidly growing interest on the order with a $100 million bond in lieu of the full $465 million. That effort was roundly rejected by a New York appeals court judge last month, who did allow Trump to continue borrowing money.
Trump’s legal team is still working to appeal the entirety of the decision—but even that avenue would still require them to put nearly half a billion dollars into an escrow account with the court, or Trump could be hit with more fines or held in contempt.
“So you’re not worried about the money?” Kilmeade clarified.
“No, I don’t worry about money,” Trump snipped.
That’s good to know, because launching a sneaker campaign the day after getting hit with the legal penalty and flagging a fan-funded GoFundMe to help with his bills had definitely raised a lot of eyebrows.
Still, his former allies aren’t so quick to believe Trump, especially since he still owes an additional $88.3 million to E. Jean Carroll for sexually assaulting her and then defaming her twice in his rabid denials. He also owes $400,000 to The New York Times and has racked up thousands more over gag orders he’s violated amid all these trials. And in the realm of non–court ordered debts, Trump’s former right-hand man Rudy Giuliani claimed he still hasn’t been paid for the legal services he provided to the former president and is reportedly waiting on a sum of about $2 million.
“I mean, what is he going to do?” Michael Cohen, Trump’s former fixer, told CNN on Thursday. “What, is he going to call like a J.G. Wentworth and say, ‘I need cash now’? How was he going to raise more than this half a billion?”
Trump has until March 25 to implement a stay on the fraud order, by which he would need to put up the money, assets, or an appeal bond to cover the $465 million disgorgement. Failing to do so could result in the seizure of Trump’s assets, warned New York Attorney General Letitia James.