Trump Says He Has Nearly $500 Million In Cash

March 23, 2024 4:05 am

NEW YORK (AP) — Donald Trump says he has almost a half-billion dollars in cash but would rather spend it on his presidential run than the $454 million civil fraud judgment against him in New York. The Republican ex-president hopes to have a court excuse him from a requirement that he prove he’s good for the money while appealing the staggering verdict. A judge in February found Trump repeatedly lied about his wealth on financial statements given to banks and others to secure loans and make deals. Trump denies deceiving anyone. Trump’s lawyers have struggled to obtain a bond covering the judgment because underwriters insisted on cash, stocks or other liquid assets instead of real estate as collateral.