Former President Donald Trump is grappling with the aftermath of two civil cases in New York, where he owes hundreds of millions of dollars in legal penalties. A New York judge recently imposed a $355 million fine on Trump's organization for engaging in fraudulent business practices, with New York Attorney General Letitia James stating that the total amount owed exceeds $450 million when factoring in interest. In a separate case, a New York jury ordered Trump to pay $83 million for defamation. Experts suggest that when including his appeal deadlines, Trump could face over $600 million in penalties.

Trump, known for his supposed net worth of $2.6 billion, is facing a time crunch to secure the necessary funds to meet his legal obligations. Options for payment include utilizing his liquid assets, estimated around $400 million, or having entities post bond on his behalf. The former President is also embroiled in several criminal charges, with the first trial scheduled for next month. Despite his legal battles, Trump continues to make headlines by launching a line of high-end sneakers and exploring unconventional fundraising methods to address his financial challenges.

With his supporters donating to help cover the staggering fines, Trump faces restrictions on his business practices, including oversight by an independent monitor and a ban on leading their own businesses in New York. While these legal disputes have not deterred his political ambitions or his base's loyalty in early primaries and polls, questions linger about the impact of his financial woes on a potential 2024 White House bid.