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Donald Trump faces billions in debts - but that's not his only problem

2021-01-24T06:02:03.905Z


With the presidency, Donald Trump also loses his political immunity. The 74-year-old now faces several proceedings. In addition, a mountain of debt has accumulated.


With the presidency, Donald Trump also loses his political immunity.

The 74-year-old now faces several proceedings.

In addition, a mountain of debt has accumulated.

Washington DC - After being the most powerful man in the world for four years,

Donald is Trump

At least since last Wednesday just

Donald Trump

.

The 74-year-old had to vacate his chair in the

White House

and make room for Democrat

Joe Biden

, who was officially inaugurated on Wednesday.

In addition to his power and his place of residence,

Donald Trump

lost

when he left

the US presidency

but above all its political

immunity

.

Donald Trump loses immunity - indictment of incitement to election fraud threatens

The 45th

President of

the

United States

must therefore expect a lawsuit in Georgia for attempted incitement to electoral fraud.

According

to a

Washington Post

report,

Trump made

a phone call to the Secretary of State of

Georgia

to count the ballot papers again and find enough votes for him.

Georgia went to the

Democratic

candidate in the last presidential election for the first time since 1992

.

+

Donald Trump speaks to supporters at Andrews Military Airport in Maryland.

© ALEX EDELMAN / AFP

Donald Trump: Former US President has billions in debt.

In addition,

Trump

has to prepare

for several tax and

financial fraud

charges that have been brought

against him

in his home state of

New York

.

But even aside from the charges,

Trump

could have

financial worries.

The hotel and golf departments, which are the former

president

's

main source of income

, are due to the ongoing

corona crisis

got into trouble and because of the bad reputation that many

Americans

now associate with

Trump's

name, several companies terminated contracts with Trump's companies.

In addition, there is a massive mountain of

debt

that has accumulated through

Trump's

ventures

.

According to a report by

Forbes magazine

, these amount to over a billion US dollars (just over 821 million euros).

Among other things, Trump has to

pay back

$ 330 million of this debt to

Deutsche Bank

by 2024

.

Despite a massive mountain of debt - Donald Trump is still a billionaire

Still, the former

US president

doesn't have to worry about going bankrupt.

Forbes

estimates

Donald Trump's

net worth

at $ 3.66 billion.

In addition, there are the pension payments to which

Trump is

entitled

as the outgoing

US President

.

The 74-year-old is said to receive around US $ 219,000 per year.

Trump

would

lose

this claim,

however, should the

impeachment proceedings

initiated

against him to be confirmed by the Senate.

(fd)

List of rubric lists: © ALEX EDELMAN / AFP

Source: merkur

All news articles on 2021-01-24

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