Rebecca Shabad is a politics reporter for NBC News based in Washington.
Former President Donald Trump claimed early Friday morning that he has 'almost' $500 million in cash, undercutting his lawyers' claims that he would not be able to comply with the $464 million judgment against him and his co-defendants in the civil fraud case brought by New York Attorney General Letitia James.
Trump has valued his brand at over $10 billion, but a 2021 financial statement put his net worth a $4.5 billion. He has indicated most of his assets are in real estate, not cash or stock, saying at a deposition in the fraud case last year, that he had 'substantially in excess of $400 million in cash.'
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