The Appellate Division First Department appeals court said on July 2 that Rudy Giuliani, the former lawyer for Donald Trump, can no longer work as a lawyer in the state of New York.
According to ABC News, this move comes after Giuliani was charged with two felonies for allegedly meddling in the 2020 election.
He pleaded not guilty to both counts. Many people want to know how much money the former mayor has now that this big news has come out and Giuliani has filed for bankruptcy in connection with a separate slander case. How much does he make?
Rudy Giuliani’s Net Worth in 2024
With a net worth of -$150 million, Rudy Giuliani is an American politician and inactive lawyer, as per reports of Celebrity Net Worth. Trump’s lawyer Rudy Giuliani filed for bankruptcy on December 21, 2023. Just a few days before, he was told to pay $148 million in damages to two Georgia election workers who sued him for libel.
The $148 million was made up of $75 million in punitive damages, $40 million in damages for mental distress, and $16 million in damages for slander. Rudy said in his bankruptcy statement that he owed at least $152 million and had assets worth between $1 million and $10 million.
The Chapter 11 filing stops the Georgia election workers from taking Rudy’s property for now, but the debt will still be there if it can be shown that the damages were caused by “intentional fraud,” which is what most defamation decisions mean.
Rudy Giuliani’s Career Journey
Here is a summary of Rudy Giuliani’s career journey: Rudy Giuliani was born in 1944 in Brooklyn, New York. He attended Manhattan College and New York University Law School, graduating magna cum laude in 1968.
Early in his career, Giuliani worked for the U.S. government, holding positions in the U.S. Attorney’s office and the Department of Justice.
From 1983 to 1989, he served as the U.S. Attorney for the Southern District of New York, where he gained national recognition for prosecuting high-profile cases involving figures like Ivan Boesky and Michael Milken.
Giuliani made an unsuccessful bid for mayor of New York City in 1989 but was elected mayor in 1993 and re-elected in 1997.
As mayor, he focused on reducing crime and revitalizing the city’s economy. His leadership during the 9/11 attacks in 2001 earned him widespread praise.
After his mayoral tenure, Giuliani founded his security consulting firm, Giuliani Partners, in 2002. He later joined the law firm Bracewell & Giuliani in 2005.
In 2016, he joined the firm Greenberg Traurig, where he currently heads the cybersecurity, privacy, and crisis management practice.
Giuliani was an early supporter of Donald Trump’s 2016 presidential campaign and served on Trump’s transition team. He joined Trump’s legal team in 2018 to defend the president in the Russia investigation and other matters.
However, his involvement in Trump’s efforts to overturn the 2020 election results has tarnished his reputation and led to legal troubles.
In 2023, Giuliani was indicted in Georgia on charges related to his efforts to undermine the 2020 election results. His financial situation has also been strained due to legal fees and other issues.
Should you desire additional updates and insights on celebrities, peruse our previous posts where we’ve thoroughly explored every detail.
Rudy Giuliani’s Assets, Cats, Houses
Here are the key details about Rudy Giuliani’s assets: Giuliani listed around $10.6 million in total assets, including:
- A $3.5 million home in Palm Beach, Florida
- A $5.6 million apartment in New York City that he was trying to sell for $6.5 million
- A 1980 Mercedes-Benz SL500 worth $25,000
- Household furnishings valued at $20,000
- Electronics worth $2,500
- Sports memorabilia, including 3 New York Yankees World Series rings
- An autographed Joe DiMaggio jersey
- Financial accounts
However, Giuliani also reported nearly $153 million in existing or potential debts, including:
- $148 million in a defamation judgment against him
- $720,000 owed to the IRS
- Over $280,000 in unpaid New York state and city taxes
- $38,520 in disputed golf club fees
- $9,530 in overdraft fees
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