Donald Trump is one of the trendy politicians, whose jokes are never-ending regarding the sarcastic taunts that he throws at the media and everyone that possibly comes his way. But did you know how much his net worth is, currently the fact that he is struggling with keeping his reputation sane within the charges and therefore people want to know his actual net worth currently amidst all of these charges against him.
Therefore this article will give you detailed information regarding what is the current net worth of this controversial political leader, what are the charges against him, what happened to him and whether has trump sued his former lawyer for a much more significant amount but why? All these details would be covered in this article.
But before starting this, Donald Trump as you know is a very known and controversial leader in American political history. He served as the 45th president of the United States from 2017 to 2021, which included his years of racial discrimination, sarcastic taunts and some good policies for America.
But recently he is under greater scrutiny for his charges, let us take a look at this article to get some greater information about this powerful and popular leader.
Donald Trump’s Net Worth Explained
Donald Trump is no doubt hugely popular and a wealthy person also at the same time. As per sources, his current net worth is around $2.5 billion which earlier used to be around $3 billion and that’s probably because of the political downfall that the politician has gone through this current year.
According to April 2023, list of the richest people in the world, Trump’s net worth has fallen to around $2.5 billion this year, even Trump’s media house which is called the Trump Media and Technology Group also dropped in value by $550 million, this was the platform which Trump announced in October 2021 and thus launched it in Feburary 2022.
Also in the billionaire’s list ladder, Trump has fallen a few steps placing 1217 in the world as of April 2023 where his previous ranking was 892.
However not was not the scenario earlier, where he was the top person to gaining the mark of richest person globally and this has all been because of all the investigations that the political undergoing currently into his personal and business dealings when he was convicted of covering up the money that he paid to an adult film actor Stormy Daniels on the eve of the 2016 presidential elections which has degraded not only his net worth but his reputation overall as the former US 45th presidential leader.
What Happened To Donald Trump?
Looks like Donald Trump is much greater in trouble, he has recently appeared in a Manhattan Criminal Court where he was charged with a case with the number of payments that he had made to the adult film actress Stormy Daniels during the 2016 election campaigns.
And now thus he has been charged with 34 felony counts of falsifying business records, however, in terms of what Trump is saying, he is completely denied all these allegations.
Meanwhile, Manhattan’s District Attorney who has brought these charges has stated that during these election campaigns, Trump and others employed a catch-and-kill scheme to identify, purchase and bury negative information to boost his electoral prospects. And therefore Trump went up to greater heights to hide this conduct, building dozen of false entries in business records and therefore violating stated and federal laws.
With all of these charges, he has become the first American president to face a criminal charge which he is going to fight in public and court.
But now, here the question comes will trump go to prison, he is currently charged with 34 felony counts of falsifying business records under Article 175 of the New York Penal Law and if he is convicted he would be charged with up to four years in prison for each count, however, the charge does not carry a jail count.
Why Did Donald Trump Sue Own Lawyer for $500 Million?
Donald Trump is on another game right now, after being charged with a felony of falsifying information for election purposes, the politician has sued his lawyer Michael Cohen for $500 million with the reason that Cohen has been spreading false information about him which has resulted in Trump hugely having greater and vast reputational harm.
This reputational harm as per Trump has left him with no alternative but to seek legal redressal for his good.