Trump launches sneaker brand after millionaire fine imposed by judge

The former president of U.S and Republican candidate donald trump announced this Saturday the launch of a sports footwear brand, one day after a judge will order him to pay 355 million dollars for fraudulent activities.

The Republican appeared by surprise at a sneaker conference in Philadelphia (Pennsylvania), where he presented the ‘Never Surrender’ model, a gold shoe with details of the American flag, the letter T from his surname and a price of 399 dollars.

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According to the local press, the New York tycoon was received at the event with boos from his detractors and applause from his followers.

Trump announced this new business when he is going through a financially delicate moment due to the two million dollar fines that the courts have imposed on him.

UNBOXING: Signed “The Never Surrender High-Tops” F&F ????????????
Limited to 50 pairs

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– KicksFinder (@KicksFinder) February 17, 2024

A New York court on Friday imposed a $355 million sentence on him for fraudulent activities by his company Trump Organization and banned him from doing business for the next three years in that city, his hometown.

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Furthermore, on January 25, another New York court ordered him to pay 83.3 million euros to writer E. Jean Carroll in compensation for her defamatory comments following the sexual abuse trial.

According to Forbes, Trump’s fortune is $2.6 billion, but he only has $426 million in cash, so there are doubts whether he will be able to pay the fines.

Source: Elcomercio

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I am Jack Morton and I work in 24 News Recorder. I mostly cover world news and I have also authored 24 news recorder. I find this work highly interesting and it allows me to keep up with current events happening around the world.