Donald Trump says his Mar-a-Lago residence could be worth up to 100 times as much as the $18 million valuation used by NY court judge. The case seeks to debar Trump and his companies from doing business in New York.
Category
🗞
NewsTranscript
00:00 (upbeat music)
00:02 (upbeat music continues)
00:06 (upbeat music continues)
00:09 (upbeat music continues)
00:12 - We're going down the line.
00:38 Page after page, document after document.
00:42 And the bottom line is this is real.
00:45 Because the judge knows whatever he's gonna do.
00:48 He said that Mar-a-Lago was worth 18 million dollars,
00:53 and it's worth one and a half billion dollars
00:55 for their abouts.
00:57 And he said it was worth 18 million.
01:00 So they defrauded us because he called me a fraud.
01:05 He called me a fraud and he badges Mar-a-Lago
01:08 at 18 million.
01:09 18 million.
01:10 And you can't do that.
01:13 It's worth probably 50 to 100 times more than that.
01:17 And our corrupt attorney general, she's totally corrupt.
01:20 She just wanted the publicity to work for governors,
01:23 and then she failed running for governor.
01:26 She had practically nothing in terms of votes.
01:29 But she went after Trump 'cause she was running
01:31 for governor, that's the only reason.
01:34 But she got the judge to value Mar-a-Lago
01:39 for 18 million dollars.
01:42 One of the smallest houses in Palm Beach
01:44 is probably worth 50 million dollars.
01:46 And this is the biggest, the best anywhere in the country.
01:51 There's nothing like it.
01:53 So they put it down at 18 million,
01:56 and they said I overvalued it because we had it valued
01:59 at a much lower number than it's worth.
02:02 And by the way, my financial documents
02:06 are valued much less than my actual value.
02:10 Which nobody even knows.
02:11 But the financial documents that I gave to the bank
02:15 are much less than my actual net worth.
02:20 So therefore, I gave them to the bank.
02:23 They can't be a fraud because I gave them lower numbers.
02:26 I'm probably one of the only people ever to seek a loan.
02:31 I didn't even need the loan because you see
02:33 the kind of cash I have, I didn't even need loans.
02:35 And you don't do a deal or two.
02:38 But I have a lot of cash, a lot of everything.
02:42 A lot of people are very surprised at how successful
02:44 it is, you saw it today, with the kind of cash I have
02:48 and the kind of success we've had.
02:50 But I'm a private company, I'm just never gonna reveal
02:53 this kind of stuff, but now it comes out.
02:55 (upbeat music)
02:57 (upbeat music)
03:00 [Music]