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The former US President Donald Trump has pleaded not guilty to criminal charges. It’s the latest legal battle he faces. Will it put a strain on Trump’s $2.5 billion business empire?
Trump denied the charges during an hour-long court hearing in New York. He stands accused of falsifying records to conceal crimes. The charges focus on hush money paid to porn actress Stormy Daniels before the 2016 election.
Donald Trump faces other investigations away from the criminal courts, piling pressure on the former Republican President as he prepares to stand again in the next election in 2024 as well as leading a huge business, running golf clubs, hotels and a property portfolio.
And – why the party is over for many of the world’s richest people. Forbes billionaires list has just come out out and shows that half of billionaires on the list lost their wealth and got kicked off the list. For the second straight year, both the number of billionaires around the globe has declined, and total billionaire wealth has dropped too –down by $500 billion to $12.2 trillion.