Will Trump's cash flow dry up after his legal verdicts?

The former president could end up considering bankruptcy like Rudy Giuliani

Photo composite of Donald Trump, courthouse steps and arrows made of $100 dollar bills
The former president could be forced to pay more than $450 million from a pair of verdicts
(Image credit: Illustration by Stephen Kelly / Getty Images)

Experts disagree on the true net worth of former President Donald Trump, but whatever the figure is, it could end up changing drastically following a pair of legal battles. The former president was recently ordered to pay $83.3 million for defaming E. Jean Carroll after he was found liable for sexual abuse against her. This marks the largest financial hit to Trump since he left the White House. 

And it's likely that the former president isn't done with the payouts either. A judge is expected to rule in the coming days in New York's civil case against Trump for financial fraud related to his businesses. Trump has already been found guilty of engaging in this fraud, and New York Attorney General Letitia James is asking the judge to impose a $370 million penalty against the former president. If the judge agrees with this figure — or imposes an even higher one — then the dual verdicts against Trump would cost him over $450 million.

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Justin Klawans, The Week US

 Justin Klawans has worked as a staff writer at The Week since 2022. He began his career covering local news before joining Newsweek as a breaking news reporter, where he wrote about politics, national and global affairs, business, crime, sports, film, television and other Hollywood news. Justin has also freelanced for outlets including Collider and United Press International.