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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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PGA Tour rookie Jake Knapp is now a PGA Tour winner, taking home the Mexico Open on Sunday after shooting 19-under for the week, beating fellow rookie Sami Valimaki by two strokes.<br/>We are also looking at the latest comments made by Jon Rahm on why he opted to move to LIV golf.<br/>Interviews with Jake Knapp and Sami Valimaki courtesy of the PGA Tour.
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These women intended to leave without paying. When the driver forgot her keys, they were forced to address the situation. As a result, they had to face what they did.
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PGA Tour rookie Jake Knapp is now a PGA Tour winner, taking home the Mexico Open on Sunday after shooting 19-under for the week, beating fellow rookie Sami Valimaki by two strokes.<br/>We are also looking at the latest comments made by Jon Rahm on why he opted to move to LIV golf.<br/>Interviews with Jake Knapp and Sami Valimaki courtesy of the PGA Tour.
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Bollywood diva Rani Mukerji knows how to serve trendy fashion goals with class and sass. She was recently spotted giving major boss lady vibes as she sported a dapper grey-coloured suit paired with blue waistcoat and brown pants. She styled her look effortlessly which clearly displayed her confidence. Her stunning latest look is rapidly going viral on the internet. Let us tell you Rani Mukerji has arrived in Jamnagar ahead of Anant Ambani and Radhika Merchant's pre-wedding celebration.<br/><br/>#ranimukherji #airportfashion #formals #ootd #fashion #bollywood #celebrity #bollywooddiva #entertainmentnews #trending #viralvideo #actress #celebupdate
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