Key facts
- Donald Trump claims to have $350 million in cash.
- He vowed to appeal the New York civil fraud ruling.
- The ruling ordered Trump to pay a $355 million penalty.
- Trump's financial disclosure indicates substantial liquidity.
Donald Trump announced he possesses $350 million in cash and intends to appeal the New York civil fraud ruling that mandates he pay a $355 million penalty. The former president's financial disclosure indicates significant liquidity, though the precise amount has not been independently verified. The ruling stems from allegations that Trump and his company inflated asset values to obtain favorable loan and insurance terms.