Trump Could Have Easily Avoided His $540 Million Cash Crunch from poker jar Watch Video

⏲ Duration: 5:12
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✓ Published: 30-Mar-2024

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Donald Trump is facing a liquidity crisis. Over $540 million in legal fines currently weigh on him, threatening to deplete his $400 million estimated cash reserves and force him to sell or borrow against his real estate empire. On March 8, thanks to the Chubb insurance company, he posted a $91.6 million bond in the E. Jean Carroll case, where the writer won two verdicts against Trump for sexual abuse and defamation.<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/kylemullins/2024/03/20/trump-could-have-easily-avoided-his-540-million-cash-crunch/?sh=7af7bae4fefa<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.