Here's Why The Kushners Are Unlikely To Help Pay Trump's Bond from business rates coronavirus grant Watch Video

⏲ Duration: 5:21
👁 View: 395K times
✓ Published: 27-Mar-2024

Description:
Former President Donald Trump will not have to immediately post a bond for more than $454 million in the civil fraud case against him and his company, an appeals court said Monday, ruling that Trump can delay payment of the full bond while he appeals the ruling as long as he posts a partial $175 million bond within 10 days. The former president could turn to his many rich friends, but none have evidently come to his rescue so far. There are also his wealthy family members: the Kushners. <br/><br/>In 2017, Forbes estimated the net worth of his son-in-law Jared Kushner’s family at $1.8 billion, including $1.1 billion in real estate and $200 million in cash and liquid assets. If that cash appreciated at the same rate as the S&P 500, it would now be worth around $380 million—still not enough to bail out Trump.<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/giacomotognini/2024/03/22/heres-why-the-kushners-are-unlikely-to-help-pay-trumps-bond/?sh=2c6c8f6d1f6c<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.