Former US president Donald Trump is facing an imminent deadline to post a bond covering a $US454 million (about $700 million) civil judgement against him in a New York state fraud case, after a judge found he had overstated the value of his assets.
His lawyers have told the court it is impossible for him to raise that much money, however failure to post the bond could lead to New York Attorney-General Letitia James seizing his assets.
Mr Trump’s lawyers did not respond to requests for a comment.
Below is a breakdown of some of Mr Trump’s assets and sources of income, based on court filings and federal financial disclosures.
In some cases the values reported by Mr Trump were disputed in the New York civil case, which the real estate billionaire plans to appeal.
Cash on hand? The truth is murky
Mr Trump said in a Truth Social post on Friday that he has “almost five hundred million [US] dollars in cash” — though he said he intended to spend that money on his presidential campaign.
Similarly, in an April 2023 deposition with New York Ms James he said he had “substantially in excess of 400 million [US] in cash”.
That number has gone up from Mr Trump’s previous disclosures. A June 30, 2021 statement of financial condition that the former president submitted to the court showed that he had $US293.8 million worth of cash and cash equivalents at the time.
Mr Trump has a variety of sources of income, financial disclosure forms filed with the federal government in August 2023 show.
In 2022, he reported at least $US537 million in revenues related to golf courses and hotels, $US30.4 million in licensing fees and royalties, $US26.5 million in management fees, and $US61.1 million in distributions from his stake in buildings such as 1290 Avenue of the Americas (Sixth Avenue) in New York.
Mr Trump also made $US6.2 million from speaking engagements and a $US116,103 pension from the Screen Actors Guild and the American Federation of Television and Radio Artists.
In addition, he reported $US268.7 million in proceeds from his Washington, DC hotel, including a gain on the sale of the property, and nearly $US1 million from the sale of two helicopters.
Properties and facilities
Mr Trump owns a number of hotels, office buildings, residential buildings, golf courses and estates.
A June 2021 financial statement listed several of his most valuable properties, such as 40 Wall Street, an office building in New York, the Trump Tower in Manhattan, and the Mar-a-Lago resort in Palm Beach, Florida.
The financial statement said his properties were worth $US4.3 billion at the time, while Mr Trump owed a total of $US439.2 million in loans and other liabilities. It said his net worth was $US4.5 billion.
Among his major properties, the document said golf clubs and other club facilities were worth $US1.76 billion, New York buildings such as Trump Tower and Trump Plaza were worth $US524.7 million and $US33.4 million respectively, and his stakes in two buildings jointly owned with Vornado were worth $US645.6 million.
In the New York case, the judge ruled Mr Trump had overstated the value of some of those properties over the years, including inflating the value of 40 Wall Street by $US120 million in 2015, and overstating the value of Seven Springs, a property in New York’s Westchester county, by $US147 million in 2014.
The judge called Mr Trump’s estimated value of Mar-a-Lago “fraudulent” and wrote it is “possibly a billion dollars or more” over its market value.
Truth Social goes public (with a catch)
Truth Social is worth about $US6 billion, based on how shares in a blank-cheque acquisition company it is set to merge with are trading.
Mr Trump’s shares in the combined company are currently worth about $US3.6 billion, and the percentage of his stake could end up between 58.1 per cent and 69.4 per cent.
However, due to the nature of the merger structure, Mr Trump cannot sell his shares or borrow against them for six months after the merger is completed.
Reuters