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The former president has plenty of valuable assets he could borrow against to pay his legal penalties. Here’s the math behind his path forward.<br/><br/>New York attorney general Letitia James vowed this week to seize Donald Trump’s assets if he could not pay the roughly $454 million he now owes the state. But make no mistake: Trump’s balance sheet is strong enough for him to pay his penalties—without selling a thing.<br/><br/>Trump, who Forbes most recently estimated to be worth $2.6 billion, owes New York State over $350 million, plus around $100 million (and climbing every day) in interest, and he owes some $88 million to the writer E. Jean Carroll for sexual abuse and defamation verdicts against him. He has around $400 million of liquid assets on hand, so he could simply write a check to pay much of what he owes right now. To cover the rest, though, Trump, who once called himself the “king of debt,” could go another route. He could theoretically borrow money against one or more of the 27 mortgage-free properties in his portfolio, which are collectively worth more than $1.1 billion.<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/kylemullins/2024/02/23/heres-why-trump-wont-have-to-sell-any-buildings-to-come-up-with-540-million/?sh=13e899521cf8<br/><br/>Forbes Daily Briefing shares the best of Forbes reporting on wealth, business, entrepreneurship, leadership and more. Tune in every day, seven days a week, to hear a new story. Subscribe here: https://art19.com/shows/forbes-daily-briefing<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
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The Why Files
⏲ 52 minutes 30 seconds 👁 108.4K
Yatta Bandz
⏲ 2 minutes 22 seconds 👁 2.1M
Popular fast food chain Wendy's will begin testing surge pricing on it's menu items in 2025. <br/><br/>The company revealed the news on a recent earnings call, dubbing the practice - \
⏲ 1:0 👁 69.4M
BagOnly
⏲ 2 minutes 23 seconds 👁 353.2K
Phone Calls From Prison
⏲ 1 hour 17 seconds 👁 12.8K
Sheffield Wednesday's Will Vaulks gives fascinating insight in press call
⏲ 1:10 👁 64.1M
Very Nadav Show
⏲ 16 minutes 53 seconds 👁 9.8K
Jenny Apple
⏲ 1 hour 4 minutes 7 seconds 👁 164
A domestic abuser has been given a whole life order for murdering his ex-partner and her new boyfriend in a “ferocious and merciless” knife attack.<br/><br/>Marcus Osborne said: “Romeo and Juliet can die together now” after the brutal double killing which left Katie Higton, 27, with 99 injuries and Steven Harnett, 25, with 24 wounds including mutilated genitals.<br/><br/>Leeds Crown Court heard Osborne, 35, lay in wait for Ms Higton and launched a brutal attack on her as soon as she came through the door of the house they once shared in Huddersfield, West Yorkshire.<br/><br/>Osborne then used Ms Higton’s phone to pretend to be her and lure Mr Harnett, 25, to the house.<br/><br/>He then raped another woman, who he had held captive in the house overnight, at knifepoint.<br/><br/>The court heard four children were in the house during the murders, which happened in the early hours of May 15 last year.<br/><br/>This is the moment he was arrested, released by WYP.
⏲ 0:54 👁 49.2M
Kendra G
⏲ 55 minutes 1 second 👁 8.2K
TammyTalks
⏲ 2 hours 48 minutes 51 seconds 👁 1.6K
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