Donald Trump’s net worth has immensely gone up as he is forced to assemble piles of cash to pay court judgments, taking him up the coveted billionaire’s list.
The former president’s net worth has climbed to $6.4 billion following last week’s confirmation that Digital World Acquisition shareholders voted the special purpose acquisition company to merge with the Trump’s Truth Social platform.
Following a rise in its stock price, Trump’s net worth jumped by an astonishing $4 billion.
Trump recently posted bond for a $91 million payment in the E. Jean Carrol defamation case. He must now pay both amounts pending his appeals of verdicts against him.
The former U.S President already has an empire that includes golf properties in Florida and Scotland, with buildings including Trump Tower and 40 Wall Street.
“I have a lot of cash, You know I do because you have looked at my statement.” Trump told reporters Monday.
Bloomberg added Trump to its list of the world’s 500 richest people. The main driver was the stock price of the merged company, which will be publicly traded on the NASDAQ from Tuesday.