Donald Trump’s business empire was supposed to be in peril as never before on Monday (US time). Instead, it turned into the single-greatest day on record for the former president’s wealth.
As he faced a deadline to post a bond of more than $US500 million ($764 million) in a New York fraud lawsuit, a state appeals court tossed him a lifeline, slashing the amount he’d have to post to $US175 million — an amount he says he’ll cover. Around the same time, his social media company Trump Media & Technology Group wrapped up a 29-month merger process, meaning shares worth billions of dollars on paper are now officially Trump’s.
