The bond will likely be very costly. While courts have discretion in setting exactly how much is required for a bond, New York courts typically require up to 120% of the judgment, including all pre-judgment interest. That means he could have to post a bond for well over $500 million.
No problem, no problem. The guy’s “a billionaire” right? Okay, he pays the court what it’s owed, and, uh, he’s still got a cool half a billion to, y’know buy chewing gum and fly his little plane around and that. Piece o’ cake.
No problem, no problem. The guy’s “a billionaire” right? Okay, he pays the court what it’s owed, and, uh, he’s still got a cool half a billion to, y’know buy chewing gum and fly his little plane around and that. Piece o’ cake.
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Last I heard he was claiming to be worth $10B. Forbes estimates 2.6B.
Here are some of his options.
https://1ft.io/proxy?q=https%3A%2F%2Fwww.forbes.com%2Fsites%2Fkylemullins%2F2024%2F02%2F23%2Fheres-why-trump-wont-have-to-sell-any-buildings-to-come-up-with-540-million%2F%3Fsh%3D170fd4fd1cf8