Donald Trump speaks at the Bitcoin 2024 Conference July 27, 2024, in Nashville, Tenn. Photo by AP Photo/Mark Humphrey
At the height of his legal troubles last year, Donald Trump claimed he was running out of cash. If a US$500 million civil penalty was not reduced to around US$100 million, the former president argued in a court filing, he would have no choice but to hold a fire sale of his remaining real estate assets.
Fast forward mere months, and the re-elected U.S. president has enjoyed a stark reversal in political and financial fortune. While previous occupants of the White House made modest financial sacrifices to hold the position, Trump has become substantially wealthier since the inauguration, his family businesses striking deals at home and abroad without concern over conf