This is so stupid. If she starts after property, let her have it. She can only get $454M. If he forfeits the golf property and Trump tower in Vegas, the bill is covered.
Trump like any other builder, is always cash neutered. They deal in worth, not liquid cash. As of mid-March 2024, Forbes estimates Trump’s net worth at $2.6 billion and Trump plays monopoly with really big buildings. He has property all over the world, hotels, golf course, warehousing and apartment buildings...the list is endless. So if she gets her $454M, that still leaves him with a paultry $2+B.
The wicked witch of the east wants $454M. Trump Tower in Las Vegas is worth $300M by itself. So she gets one building and one golf course and her limit is reached. So what? He can build another casino and golf course while he’s taking an afternoon nap. The whole process is ridiculous.
And if she gets them, what is the state going to do with them? They will just sell them and not get the amount they need and they don’t have a gambling license in Nevada so they can’t make any money off it. So what have they really accomplished? That amount of money doesn’t mean squat to Trump and the state is stuck with disposing of the property at a loss as they are not getting cash and the property sits. Congratulations to the state of New York for stupidity. This is why most lending organizations go after cash and not property if they can get out of it.
wy69
What did he do to incur a $500MM fine again?