Donald Trump’s fortune, which he rode to fame and is closely tied to his public identity, could take a massive hit from back-to-back verdicts in two New York civil cases that have resulted in astronomical financial penalties for the former president. A New York judge on Friday ordered Trump to pay nearly $355 million – plus interest – for falsely altering his net worth on key financial statements to receive tax and insurance benefits. The decisionfell slightly short of the penalties requested by New York Attorney General Letitia James (D), who sued Trump in 2022 over deceitful business practices. However, with interest, the office said the figure will reach just over $450 million.
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