I get that he’s broke, but broke means different things to different people. If your monthly expenses are $100k and your income is $85k, you’re broke but not destitute. If you don’t know where your next meal is coming from or if you’re scraping under your car seats for change to wash your laundry, you’re destitute.
This article mentions him angrily telling a judge that he can’t pay his bills, but inability to pay your bills does not equal destitution. The article also mentions him turning over a car – a 1980 model that probably wouldn’t sell for more than a grand or so at a used car lot.
So is he facing penury? Does he have children who can/will take care of him once he’s sold everything he owns?
Except that that 1980 car isn’t just a 44-year-old Mercedes Benz; it was formerly owned by Lauren Bacall (and then Rudy). I can pretty much guarantee you that it won’t be sold at a used-car lot, but at a collector’s auction, where it’ll net far more than its Blue Book value.
I knew a guy who went from very rich to zero money. He lived quite well for years staying with his still rich friends. But he had no money. (I loaned/gave him money for a laptop so he could rejoin the modern era). (but I didn’t let him stay with me)
He does have two adult children. He seems to be estranged from his daughter Caroline, but his son Andrew is a Republican politician, a friend (and frequent golf partner) of Trump’s, and worked in Trump’s first administration, so maybe Rudy can count on some help from him.
He was indicted and convicted of some federal charges involving money. He earned his money legitimately, and then got caught up in some stuff he should have. The feds took his plane, his houses, everything. And he served 3 years in prison.
Pleading destitution in front of a judge is nothing new, and he will be required to prove he’s unable to pay whatever debts he owes to whomever he owes them to. My guess is that Rudy was living above his means for many years and was expecting Trump to help make him rich beyond his wildest dreams. Unfortunately, his dreams have now become nightmares. I personally don’t care if Rudy ends up in a homeless shelter, but I think that’s highly unlikely.
I just don’t know how far this business of being compelled to sell off his assets goes. If he sells all of his properties and everything within them, and all of his vehicles, and all of his collections of art or what have you … will he have to sell off his silverware? His pots & pans? Will he be forced to sell his Armani suits and move into his son’s house in his underwear?
It can be legitimately difficult to eliminate some fixed expenses; selling multi-$M properties and serious art collections or collector’s cars is slow biz.
But in his case it’s gotta be done & he’s known it for a few years. Get with it or go to debtor’s prison until it’s done.
Debra Shoemaker Ford, a citizen of Harpersville, Ala., spent seven weeks in the county jail without ever appearing in court. Her crime was a failure to pay the monthly fees mailed to her by a private probation company, called Judicial Correction Services. She was on probation because of a traffic violation.
In Benton County, Wash., a quarter of those in jail are there because they owe fines and fees. And in Ferguson, Mo., simmering anger with the police and court system has given rise to a pair of lawsuits aimed at the local practice of imprisoning indigent debtors.
The American tradition of debtors’ imprisonment seems to be alive and well. But how could that be? Jailing the indigent for their failure to meet contractual obligations was considered primitive by ancient Greek and Roman politicians, and remains illegal and unheard of in most developed countries. Under the International Covenant of Civil and Political Rights, the practice is listed as a civil-rights violation. - SOURCE
On a more serious note - does a former NYC mayor, or former prosecutor, receive a pension? At least would that be the case 20 to 40 years ago? i see no mention of garnisheeing a pension in all the news reports.
(He also tried to claim his signed DiMaggio baseball Jersey, that he really shouldn’t have to surrender because it means so much to him…)
We ridicule his $43,000/month expenses (rightly so) but what would monthly condo expenses and property taxes be on a $7M apartment in upper east(?) side Manhattan? Fortunately, going forward he wouldn’t have to worry about that expense.
When he was getting divorced decades ago after an affair with his future wife in the Mayor’s office, I recall a thing where his (ex)wife wanted support payments for their dog in the neighbourhood of thousands a month. I assume the dog has shuffled off this mortal coil…
That much was evident in a New York courtroom this week when Donna Hanover, the former mayor’s soon-to-be ex-wife, dramatically filed for divorce, accusing her husband of being a notorious adulterer and demanding a share of the millions of dollars he has raked in since September 11 - including a request for $1,140 (£771) a month for their dog.
It was an earlier version of Mr Giuliani - the one who dumped Ms Hanover by means of a press conference two years ago - who was present in spirit, though absent in person, at the Manhattan supreme court as his wife, a television presenter and actor, demanded a total of $80,000 in monthly support on the grounds that his infidelities constituted “cruel and inhuman treatment”.