A court has sentenced the Republican presidential candidate to a fine of more than $450 million for fraud. His lawyers explain that he doesn’t have that much money. Bankruptcy is now looming.
Donald Trump is considered extremely rich; it was his reputation as a tycoon that ultimately brought him to the White House in 2016. He was the blustering Croesus on the television show “The Apprentice” before the entrepreneur Trump transformed himself into US President Trump for four years. There are different statements and assumptions about his exact financial situation – last year he stated in an affidavit that he had $400 million in cash, and his total assets, including real estate, are estimated at around three billion dollars.