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Donald Trump is running out of time to post a bond to cover a $464m (£367m) civil fraud ruling – or face the risk of New York state beginning to seize some of his assets.

The former US president, who is seeking to regain the White House later this year, must either pay the money out of his own pocket or post a bond by Monday’s deadline while he appeals against Justice Arthur Engoron’s February judgment.

The judge agreed with prosecutors that Mr Trump deceived banks and insurers for years by inflating his wealth on financial statements used to secure loans and make deals, and said he had to pay a multi-million dollar bond if he wanted to appeal.

Mr Trump has denied wrongdoing in the case and all the cases against him.

The ex-president personally owes $454m (£359m), but the figure goes up when taking into account interest and money owed by his sons, Eric and Donald Jr, and the Trump Organization.

Here, we take a look at Mr Trump’s assets and income – and what may happen if he fails to pay up in time.

If he misses the deadline, what happens?

The state of New York could start seizing the tycoon’s assets – but it may be over a year before properties such as Trump Tower and other real estate holdings are on the chopping block.

Some experts believe seizing his bank accounts will be easier and relatively quick compared to dealing with his properties.

A US marshal can simply be asked to take a court order to a bank holding Trump’s money.

The process involving properties is more complicated, legal experts say.

Alan Sash, a New York lawyer, said: “Seizing a property is a poor way to describe it, because it gives the impression that someone goes and grabs it.

“It’s not like that at all. It’s slow and methodical.”

However, the New York attorney general will be able to go after any properties Trump owns in order to satisfy the judgment – although the process is likely to be more complex for properties outside of New York.

FILE PHOTO: A general view of Trump Tower in New York City, U.S., October 1, 2023.REUTERS/David 'Dee' Delgado/File Photo
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Pic: Reuters

How much is Trump worth?

A breakdown of his net worth can be achieved based on court filings and federal financial disclosures.

In some cases, the values reported by Trump were disputed in the New York civil case, which the real estate billionaire plans to appeal against.

In a social media post last Friday, Trump said he has “almost five hundred million dollars in cash”.

In an April 2023 deposition with New York attorney general Letitia James, he said he had “substantially in excess of 400 million in cash”.

A financial statement for 30 June 2021 submitted to the court by Trump showed he had $293.8m (£232.5m) worth of cash and cash equivalents at the time.

In 2022, Trump reported at least $537m (£425m) in revenues related to golf courses and hotels.

He also made money from licensing fees and royalties, and from other interests including speaking engagements and in distributions from his stake in buildings.

His Truth Social platform is said to be worth about $6bn (£4.75bn).

The company is set to begin trading on the Nasdaq stock market – potentially netting the former US president $3bn (£2.37bn).

However, even if the deal gets completed, Trump will not be allowed to sell any of his shares in the combined company for six months or borrow against them, based on terms he previously agreed.

FILE PHOTO: An aerial view of former U.S. President Donald Trump's Mar-a-Lago home after Trump said that FBI agents raided it, in Palm Beach, Florida, U.S. August 15, 2022. REUTERS/Marco Bello/File Photo
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Donald Trump’s Mar-a-Lago home in Florida. Pic: Reuters

What properties does he own?

Trump owns hotels, office buildings, residential buildings, golf courses and estates.

A June 2021 financial statement listed several of his most valuable properties such as 40 Wall Street, an office building in New York, Trump Tower in Manhattan, and the Mar-a-Lago resort in Palm Beach, Florida.

The financial statement said his properties were worth $4.3bn (£3.4bn) at the time.

In the New York case, the judge ruled Trump had overstated the value of some of the properties – and called the estimated value of Mar-a-Lago “fraudulent” and “possibly a billion dollars or more” over its market value.

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The case is not the only one draining Trump’s finances.

This month, he posted a $91.6m (£72.5m) bond to cover an $83.3m (£65.9m) defamation verdict for writer E Jean Carroll while he appeals.

She sued him after Trump called her a liar for accusing him of raping her decades ago. He has denied wrongdoing.

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Donald Trump threatens sweeping new tariffs on Mexico, Canada and China on first day in office

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Donald Trump threatens sweeping new tariffs on Mexico, Canada and China on first day in office

Donald Trump has threatened sweeping new tariffs on Mexico, Canada and China on his first day in office.

The president-elect, who takes office on 20 January next year, said he would introduce a 25% tax on all products entering the country from Canada and Mexico.

Posting on his Truth Social platform he also threatened an additional 10% tariff on goods from China on top of any additional tariffs he might impose as one of his first executive orders.

What Trump’s tariffs could mean for UK, EU, China and the world

If implemented, the tariffs could raise prices for ordinary American consumers on everything from petrol to cars and agricultural products.

The US is the largest importer of goods worldwide and Mexico, China and Canada are its top three suppliers according to the country’s own census data.

More than 83% of exports from Mexico went to the US in 2023 and 75% of Canadian exports go to the country.

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“On January 20th, as one of my many first Executive Orders, I will sign all necessary documents to charge Mexico and Canada a 25% Tariff on ALL products coming into the United States, and its ridiculous Open Borders,” Mr Trump said.

He also spoke against an influx of illegal immigrants heading into the country.

While migrant arrests reached a record high during President Joe Biden’s administration, illegal crossings fell dramatically this year as new border restrictions were introduced and Mexico stepped up enforcement.

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Mr Trump added: “Both Mexico and Canada have the absolute right and power to easily solve this long simmering problem. We hereby demand that they use this power… and until such time that they do, it is time for them to pay a very big price!”

After issuing his tariff threat, Mr Trump spoke with Canadian Prime Minister Justin Trudeau and they were said to have discussed trade and border security.

“It was a good discussion and they will stay in touch,” a Canadian source said.

Turning to China, the president-elect said he “had many talks with China about the massive amounts of drugs, in particular Fentanyl, being sent into the United States – But to no avail.”

“Until such time as they stop, we will be charging China an additional 10% Tariff, above any additional Tariffs, on all of their many products coming into the United States of America,” he wrote.

The Chinese Embassy in Washington said that there would be losers on all sides if there is a trade war.

“China-US economic and trade cooperation is mutually beneficial in nature,” embassy spokesman Liu Pengyu posted on X. “No one will win a trade war or a tariff war.”

It isn’t clear if Mr Trump will actually go through with the threats.

He won the recent election in part due to voter frustration over inflation and high prices.

Mr Trump’s nominee for treasury secretary Scott Bessent – who if confirmed, would be one of a number of officials responsible for tariffs – has said previously that tariffs are a means of negotiation.

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Ryan Kobayashi: Dad of woman who vanished takes his own life after flying to LA to find her

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Ryan Kobayashi: Dad of woman who vanished takes his own life after flying to LA to find her

The dad of a missing Hawaiian woman who vanished took his own life after he flew to LA to try to find her.

Ryan Kobayashi had travelled from Hawaii to LA, retracing the steps his daughter Hannah Kobayashi took earlier this month before she went missing.

On 8 November, the 31-year-old Ms Kobayashi travelled from Hawaii to LA, on her way to New York, but missed her connecting flight.

Hannah Kobayashi. Pic: Instagram/Hannah Kobayashi
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Hannah Kobayashi. Pic: Instagram/Hannah Kobayashi

Hannah Kobayashi. Pic: Missing Persons of America
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The 30-year-old budding photographer. Pic: Missing Persons of America

Her family initially thought she would catch another one but she told them she had begun to explore the area.

Then, on 11 November, the family began receiving “strange and cryptic, just alarming” text messages from her phone.

They referenced her being “intercepted” as she got on a train and being scared someone was trying to steal her identity.

“Once the family started pressing, she went dark,” her aunt Larie Pidgeon said.

More on Los Angeles

Sky News US partner network NBC News reported that one of the texts received by Ms Kobayashi’s family read: “I got tricked pretty much into giving away all my funds for someone I thought I loved.”

Mr Kobayashi flew out to LA to try and find her, searching with other family members and volunteers.

However, he was found dead on Sunday in a car park near the LA International Airport having taken his own life, police and his family said.

In a statement, the family said: “After tirelessly searching throughout Los Angeles for 13 days, Hannah’s father, Ryan Kobayashi, tragically took his own life.

“This loss has compounded the family’s suffering immeasurably.”

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They asked for privacy as they grieved and requested the public “maintain focus on the search for her. Hannah IS still actively missing and is believed to be in imminent danger. It is crucial for everyone to remain vigilant in their efforts to locate Hannah.”

Ms Kobayashi is a budding photographer from Maui and had been heading to New York for a new job and to visit relatives.

The RAD Movement, a network aimed at helping missing and exploited people, said in an appeal that in footage, Ms Kobayashi “does not appear to be in good condition and she is not alone”.

Ms Pidgeon added that the search effort has been focused in the downtown area of LA.

Anyone feeling emotionally distressed or suicidal can call Samaritans for help on 116 123 or email jo@samaritans.org in the UK. In the US, call the Samaritans branch in your area or 1 (800) 273-TALK.

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Prosecutors file to drop 2020 presidential election interference charges against Trump

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Prosecutors file to drop 2020 presidential election interference charges against Trump

A motion has been filed to drop the charges against Donald Trump of plotting to overturn the 2020 US presidential election result.

Mr Trump was first indicted on four felonies in August 2023: Conspiracy to defraud the United States, conspiracy to obstruct an official proceeding, obstruction of and an attempt to obstruct an official proceeding, and conspiracy against rights.

The president-elect pleaded not guilty to all charges and the case was then put on hold for months as Mr Trump’s team argued he could not be prosecuted.

U.S. Special Counsel Jack Smith looks on as he makes a statement to reporters after a grand jury returned an indictment of former U.S. President Donald Trump in the special counsel's investigation of efforts to overturn his 2020 election defeat, at Smith's offices in Washington, U.S. August 1, 2023. REUTERS/Kevin Wurm TPX IMAGES OF THE DAY
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Special Counsel Jack Smith. Pic: Reuters

Donald Trump supporters storm the US Capitol
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Donald Trump supporters storm the US Capitol

On Monday, prosecutors working with special counsel Jack Smith, who had led the investigation, asked a federal judge to dismiss the case over long-standing US justice department policy, dating back to the 1970s, that presidents cannot be prosecuted while in office.

It marks the end of the department’s landmark effort to hold Mr Trump accountable for the attack on the US Capitol on 6 January 2021 when thousands of Trump supporters assaulted police, broke through barricades, and swarmed the Capitol in a bid to prevent the US Congress from certifying Joe Biden’s 2020 election victory.

Mr Smith’s team had been assessing how to wind down both the election interference case and the separate classified documents case in the wake of Mr Trump’s election victory over vice president Kamala Harris earlier this month, effectively killing any chance of success for the case.

In court papers, prosecutors said “the [US] Constitution requires that this case be dismissed before the defendant is inaugurated”.

They said the ban [on prosecuting sitting presidents] “is categorical and does not turn on the gravity of the crimes charged, the strength of the government’s proof, or the merits of the prosecution, which the government stands fully behind”.

Mr Trump, who has said he would sack Mr Smith as soon as he takes office in January, and promised to pardon some convicted rioters, has long dismissed both the 2020 election interference case and the separate classified documents case as politically motivated.

Trump supporters try to break through a police barrier at the Capitol in Washington
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Trump supporters try to break through a police barrier at the Capitol in Washington. Pic: AP

He was accused of illegally keeping classified papers after leaving office in 2021, some of which were allegedly found in his Mar-a-Lago home in Florida.

The election interference case stalled after the US Supreme Court ruled in July that former presidents have broad immunity from prosecution, which Mr Trump’s lawyers exploited to demand the charges against him be dismissed.

Mr Smith’s request to drop the case still needs to be approved by US District Judge Tanya Chutkan.

No date had been set for a trial.

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At least 1,500 cases have been brought against those accused of trying to overthrow the election result on 6 January 2021, resulting in more than 1,100 convictions, the Associated Press said.

More than 950 defendants have been sentenced and 600 of them jailed for terms ranging from a few days to 22 years.

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