Trump must now decide whether to LIQUIDATE assets from his $323M in golf courses and $690M in New York buildings and golf properties to pay stunning $355 million fraud fine or cough up $35M bond in 30 days

Former President Donald is estimated to be worth more than $2 billion, but paying off the $355 million fine imposed on his business empire by a New York judge could require some painful decisions.

Trump owns 20 buildings as part of a golf and real estate empire but has retained only a fraction of his value in cash or other liquid assets.

He claimed in an affidavit for the lawsuit filed by New York AG Letitia James to have $400 million in cash, saying this was “a lot for a developer.”

James’ investigators found that his liquid assets as of 2020 were $93 million.

That creates a potential cash crunch after Friday’s stunning court order.

Part of the problem is that Trump has already been ordered to pay $83 million to writer E. Jean Carroll in her defamation suit, which followed a $5 million damages award in a separate lawsuit that found him liable for sexually abusing her.

With these obligations, while facing a mountain of legal fees in his four criminal trials, Trump may be forced to try to secure bail. Recent campaign finance reports showed that PACs tied to Trump had paid $50 million in legal fees.

A bail bond would typically cost him 10 percent of the amount owed, leaving him to collect $35 million that he couldn’t get back.

The core of the case against Trump involved claims that the court found were inflated due to actual market values ​​for Trump properties.

If he started unloading, Trump would find out what some of the buildings were really worth.

By one estimate, Trump Tower, where Trump’s triplex apartment appeared in court, is worth a net $56 million once $100 million in debt is subtracted. A misstatement of the size of his triplex apartment was part of Trump’s fraud case

Trump’s stake in the building at 40 Wall Street alone – which was part of his fraud case – is estimated at $80 million.

Former President Trump’s Mar-a-Lago estate, which the court found Trump inflated its value by as much as $2,300%. Tax assessors estimate its value at between $18 and $27.6

Judge Arthur Engoron already found Trump liable for fraud, but the sentence was determined during the trial. At one point in the proceedings, Engoron told the former president’s lawyer to “keep your client under control.” Now he has given Trump a $355 million reward

Forbes calculated that Trump’s New York City real estate is worth $690 million. His real estate outside the city is worth $190 million, and his golf clubs and resorts are worth $870 million.

Trump has made bragging about these assets part of his iconic brand, and according to the magazine, his social media and branding activities are worth $160 million.

Trump used his Truth Social platform to rail against his prosecution in New York, but the site’s value has fluctuated according to estimates.

James’ office relied on Palm Beach appraisers to estimate Mar-a-Lago’s value at $18 million, but Trump says it is worth much more, perhaps more than $1 billion. Forbes estimates net worth at $292 million.

It would be a challenge to sell it as Trump turned it into his official residence.

Trump’s overseas golf clubs, including Trump Turnberry, which is being expanded, are estimated to be worth $94 million.

Trump’s Doral Golf Club in Miami is estimated to be worth $166 million.

He also owns a string of other golf clubs, including one in Virginia that he used as president but has used less often since leaving the White House.

He has many properties in New York to choose from if he wants to offload one. His attorney Alina Habba said in a statement Friday: “Let me make one thing perfectly clear: This is not just about Donald Trump — if this decision stands, it will signal to every American that New York is no longer open for business.”

Trump’s stake in the building at 40 Wall Street alone – which was part of his fraud case – is estimated at $80 million.

Trump Tower, where Trump’s triplex apartment appeared in court, is worth a net $56 million once $100 million in debt is subtracted.

(Donald Trump Jr. signed a letter with the accounting firm Mazars stating that Trump’s apartment was 30,000 square feet, shortly after communicating with Trump Organization lawyer Alan Garten about an email saying it was 10,996 square feet, based on ownership data).

“He’s not going to suddenly become working class. But it’s just going to involve a lot of money. His fortune will decline significantly, former federal prosecutor Diana Florence told the newspaper. BBC.

The judge’s order prohibits Trump’s company from “applying for loans from any financial institution chartered by or registered with the New York Department of Financial Services for a period of three years,” limiting its own options.

Trump has paid off most of the $295 million he once owed to Deutsche Bank, reducing his liabilities since his departure.