Trump Sells $10M Jet to Cover Mounting Legal and Campaign Costs

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Source: Yahoo Finance
Trump Sells $10M Jet to Cover Mounting Legal and Campaign Costs
Photo: Yahoo Finance
TL;DR Summary

Donald Trump sold a $10 million Cessna jet to Republican megadonor Mehrdad Moayedi amid mounting legal fees and judgements exceeding half a billion dollars. The sale comes as Trump faces significant financial strain from various civil and criminal cases, including a $83.3 million defamation judgement and a $350 million financial fraud penalty. Despite Forbes estimating Trump's net worth at $2.6 billion, his liquid assets are limited, posing a substantial risk to his financial stability.

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