Rudy Giuliani has been ordered to pay nearly $150 million in damages to former Georgia election workers Ruby Freeman and Shaye Moss, whom he defamed following the 2020 presidential election.
But as with all major jury awards, the question is whether Freeman and Moss will see any of that money.
Giuliani, the former New York mayor and onetime attorney to former President Donald Trump, has vowed to appeal the jury’s verdict. During the trial, he and his attorneys repeatedly said that he already doesn’t have funds to cover his various debts, but it’s unclear how much the former New York mayor actually has.
Attorneys for Freeman and Moss said in court they had tried to find out Giuliani’s net worth, but because he hadn’t responded to many of their subpoenas in the lawsuit, they couldn’t determine a figure.
They won’t see all of it but they’ll get something. It’ll get reduced in appeal and then he’ll declare bankruptcy and it’ll get reduced more and put in a payment plan but I can’t see a bankruptcy judge letting him off from this entirely.
Still plenty for a normal person to receive $300k/yr or something.
If we learned anything from the Alex Jones case, it’s that bankruptcy will not protect you.
Does he even have any money? I thought he was near bankruptcy two years ago when he was begging Trump for money.
‘Bankruptcy’ means an inability to pay your debts. Can he pay $1.5b? Probably not, but does he have money? Yes, he does. He is a multi-millionaire owning at least 5 properties and spends tens of thousands each month on his ‘expenses’.
Don’t confuse bankruptcy with poverty.
Yeah ‘broke’ means different things to people like that. It just means their 3rd homes might need to be rented out for a while, not that they are in danger of missing a meal or 10.