After entering the 20th century, the presidents of the United States, after leaving office, took advantage of the "halo" of the president of the United States to frantically make money, and their assets rose.
However, there is one person who is special, and that is Trump, the 45th president of the United States! Before he became president of the United States, he was a wealthy man, including the Trump Organization and Mar-a-Lago.
But since becoming the president of the United States, the assets have been declining, and it hurts to watch.
In 2024, Trump has not yet become "president" and returns to the White House, and there is bad news that he will be fined!
Since last year, some of Trump's lawsuits have not stopped.
On September 26, 2023, Judge Arthur Ngolon of a Manhattan court ruled that New York State Attorney General Laetitia James was valid on the core allegations of financial fraud by Trump and others and the Trump Organization by inflating the valuation of their real estate assets for financial gain.
Mar-a-Lago in Florida, which is claimed to be worth $1.8 billion, was actually worth only $18 million.
The court began hearing six other charges brought by James against Trump on October 2 of that year. James seeks fines and bans on Trump and others and the Trump Organization from operating businesses in New York State, among other things.
The lawsuit has been going on for so long, and finally a result has been given.
On February 16, local time, former U.S. President Trump was fined more than $354 million for exaggerating his net worth to constitute fraud.
Converted into RMB, it is almost 2 billion, if Trump didn't pay attention to it in the past, but now it really can't be.
New York State Judge Arthur Ngolon ruled on Trump's civil fraud case, and because Trump exaggerated his net worth by billions of dollars, constituting serious fraud, the judge ruled that Trump was fined more than $354 million, permanently banned Trump from entering the New York real estate industry, and significantly limited his ability to conduct business in the state.
In addition, the judge also ruled on a five-year industry ban on Trump's two sons, Donald Trump Jr. and Eric Trump.
Compared with the fine, Trump should care most about the latter two, which means that his business empire will be greatly affected!
Originally, the plan was that even if he couldn't be president, he could continue to do business. Frankly, it's hard not to think that this verdict may have nothing to do with the White House.
If he pays this fine, it means that his cash flow will have a big impact and hinder his election path! Another point is that even if he misrepresents his assets, he has not caused a lot of damage to the bank, and I don't know why the fine is so high.
The verdict in this case is likely to force Trump to give up his New York assets, such as Trump Tower, Wall Street office buildings, and golf courses, and the damage is indeed large enough to be essentially evicted from New York State.
Since stepping down as president of the United States, Trump has had a hard time. The dignified former president of the United States has been entangled in lawsuits, and I don't know how much the lawyer's fee is in the past few years after leaving office.
If he really agrees to fine money this time, it will definitely not be a good thing for him, and it means that there is not much cash!
Next, let's take a look at how the king will fight back and respond to this matter
Trump definitely denied this punishment and began to "bombard" again.
Mr. Trump called the ruling a "conspiracy" to sabotage his re-election for president. We have a corrupt judge. He was not a respectable person...... We employ tens of thousands of people in New York, and we pay taxes that very few people in New York pay.
They don't care about that. This is a country that is on the verge of collapse. It's a country that's collapsing because everyone is leaving.
Prosecutors accused Trump of "fraud in the value of his assets," saying he earned more than $100 million between 2011 and 2021 by obtaining preferential bank loans and lowering insurance premiums.
I don't know if this data is exaggerated, and we don't know.
Although Trump is known for his astonishing rhetoric, there is indeed some "truth" in what he says, and running for president of the United States will definitely require a lot of money and manpower support.
If he pays this fine, his path to running for president will be greatly affected.
This requires raising a sum of money, and even if supporters are willing to support him, who can guarantee that he will not be caught by political opponents!
New York State should be the stronghold of the Democratic Party, and in the past four years, it has not stopped against Trump!
On October 25 last year, former U.S. President Donald Trump was suddenly summoned to the witness stand and subsequently fined $10,000 for violating the gag order. This is the second time in less than a week that Trump has been punished for his out-of-court remarks.
He was fined $5,000 for violating a gag order for the first time on the 20th for posting a post on social media that disparaged a key court worker.
No matter how rich the family is, it can't withstand this kind of toss!
In addition, there is one more thing that makes Trump very angry.
The eldest son, Trump Jr., and the second son, Eric, were ordered to pay $4 million each, and his former finance director, Alan Weisselberg, was ordered to pay $1 million.
This is really murderous, and people are targeting not only Trump, but also the people around him.
No wonder Ivanka is reluctant to participate in her father's 2024 presidential campaign, she has always had her two sons running before and after, to put it bluntly, she is really scared!
Since Trump became the 45th president of the United States in 2017, his life in New York has not been too easy!
After he left the White House four years later, New York State's unpopularity of him was almost obvious.
The Ivanka couple should be the most touched, in the past, the two of them were celebrities in New York's high society, but now they are nothing.
Just last year, they went to the wedding of Jordan's Crown Prince Hussein, and there was not much exposure. I really didn't dare to think about it in the past, when she was the "first princess" of the United States in the past, how many people held it.
went to South Korea and India, and they were all regarded as VIPs, but they traveled thousands of miles to Jordan to attend the wedding, and these two people were not seen in the video released by the royal family.
It's basically equivalent to participating in a loneliness, and the limelight is someone else's.
Since Trump lost the election and left the White House, Ivanka can be regarded as experiencing a "hot and cold world"!
Looking at her current state, it is almost not the same concept as her father when she first became the president of the United States. I have lost a lot of spirit, and I feel like I have been abandoned by the whole world.
Don't look at her efforts to get rid of her "relationship" with the Trump family, but it's just because of your surname, where is it so easy to completely abandon it.
In November 2023, Ivanka appeared in court in Manhattan as the last witness to answer questions about alleged financial fraud by the Trump Organization.
The man, who served as the Trump Organization's executive vice president of development and acquisitions, is expected to testify about deals involving Mr. Trump's high-profile properties and the valuation of her apartments.
Objectively speaking, this time Ivanka is a "fish that slipped through the net", and the only one who has not been involved.
After their father became president of the United States, the couple chose to resign from public office and go to the White House as senior aides. Maybe they didn't think it would help them.
Now the two of them have long achieved financial freedom, and they do not have any positions in the Trump Organization, so they can live the small life they want.
If Trump wants to change the current situation that is unfavorable to him, it is estimated that there is only one way, which is to become the president of the United States again, but it is very difficult.
I didn't expect that even Putin would want Biden to win, not Trump.
I'm not saying that his approval rating is not good, on the contrary, if it had relied on public support, I guess he would have won a long time ago.
The real problem is in the procedure, I am afraid that when the time comes, the opponent will hold on to the past and send him to prison.
Objectively speaking, this is the US presidential election, and it has nothing to do with other countries.
However, considering the global influence of the United States, many countries are also paying attention to this election, especially on the European side.
I understand that Wang Du said that once he becomes the president of the United States, he will not care too much about those countries that have not paid "protection money" to the United States.
If you look at the NATO countries, they are all nervous, like the three Baltic countries, they are afraid.
Of course, there are some countries that have expressed their support for him, such as Israel and Saudi Arabia.
Ivankafjun's family was Jewish, and after she got married, she chose to believe in Judaism in order to ensure family harmony.
The United States officially recognized Jerusalem as the capital of Israel, and in addition to thinking about currying favor with American upper-class Jews, it also had a lot to do with its daughter and son-in-law.
If Trump returns to the White House for the second time, the situation will certainly be in Israel's favor. This also explains the main reason why Ivanka and his wife visited Israel last year and why they were "treated" at a high level.
As for Saudi Arabia, since Salman Jr. came to power, relations with the United States have always been "out of place"! They do not hate the United States, but hate the Democratic Party.
For Trump, the most important thing at the moment is to deal with this lawsuit quickly, if the court rules like this, it is basically no fun to run for president!