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The former president's net worth has climbed to $6.4 billion following last week's announcement that Digital World Acquisition shareholders voted the special purpose acquisition company to merge with the Trump firm that owns his Truth Social platform.
Trump already has an empire that includes golf properties in Florida and Scotland, plus buildings including Trump Tower and 40 Wall Street, where Trump on Monday held a wild press conference where he said he would use cash, securities, or a bond to pay the $175 million amount.
Unless he gets a waiver from a board stacked with Trump loyalists, Trump would be prohibited from selling his shares until the end of a six-month period, so he can't rely on the funds to pay his court judgment.
Trump recently posted bond for a $91 million payment in the E. Jean Carrol defamation case. He must pay both amounts pending his appeals of verdicts against him. Even that lesser amount could be a pinch.
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The former president's net worth has climbed to $6.4 billion following last week's announcement that Digital World Acquisition shareholders voted the special purpose acquisition company to merge with the Trump firm that owns his Truth Social platform.
Trump already has an empire that includes golf properties in Florida and Scotland, plus buildings including Trump Tower and 40 Wall Street, where Trump on Monday held a wild press conference where he said he would use cash, securities, or a bond to pay the $175 million amount.
Unless he gets a waiver from a board stacked with Trump loyalists, Trump would be prohibited from selling his shares until the end of a six-month period, so he can't rely on the funds to pay his court judgment.
Trump recently posted bond for a $91 million payment in the E. Jean Carrol defamation case. He must pay both amounts pending his appeals of verdicts against him. Even that lesser amount could be a pinch.
In the event you loved this information and you wish to receive more details concerning search engine optimization strategy please visit our own website.