26 March 2024 – Even if he must gather large sums of money to pay court judgments, Donald Trump’s net worth is skyrocketing and he has already made it into at least one coveted billionaire’s list. After last week’s revelation that shareholders of Digital World Acquisition approved the special purpose acquisition business to join with the Trump corporation that controls his Truth Social platform, the former president’s net worth increased to $6.4 billion.
In addition to his golf, real estate, and branding empires, Trump’s net worth increased by an astounding $4 billion after a surge in the company’s stock price.
The timing is ideal for Trump, who claims to have about $500 million in cash and has ten days to produce $175 million after the reduction of a $454 court judgment against him by a New York appeals court.
Conclusion
While he challenges the decisions made against him, he is required to pay both sums. During a raucous news conference on Monday, Trump, who already owns an empire that includes golf clubs in Scotland and Florida, as well as structures like Trump Tower and 40 Wall Street, said he would use cash, securities, or a bond to pay the $175 million.