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Donald Trump has debts of at least 315 million dollars, just over 2.6 billion crowns. It is probably more. An analysis by Forbes believes that this equates to a billion dollars, almost 8.4 billion crowns.
Most must also be paid in the next four years. And for Trump, it could be a real challenge.
Financiers are leaving Trump
During his time as president, and before that as a hotel magnate, Trump attracted several major financiers. But the assault on Congress has caused several actors to leave his side.
These include the New York Government and the Professional Golfers Association of America (PGA). Additionally, three large banks have announced that they do not intend to do business with Trump in the future: Florida-based Professional Bank, New York’s Signature Bank, and German giant Deutsche Bank, Bloomberg reports.
“It amazes me that the president is going through a collapse in his financial goodwill,” John Pottow, a professor of business law, told The Hill.
– They are a group of corporate players that are fleeing from it, like Deutsche Bank, so I think the last thing they would like to do is refinance it, he continues.
May be forced to take from business
But even if Trump were forced to pay with assets from his many companies, there is no risk that he will be left with an empty wallet.
Trump has refused to release his tax returns. However, it has submitted documents claiming it had at least $ 1.4 billion, almost SEK 12 billion, in assets at the end of last year.