Rudy Giuliani followed his time in public service with a lucrative career in the private sector that made him a multi-millionaire. But the former New York mayor is now facing legalin a libel suit brought by two Georgia election workers.
A jury of eight Washington, DC residents ruled that Giuliani must pay $148 million to campaign workers, Ruby Freeman and her daughter, Wandrea “Shaye” Moss. Their lawyers had asked the jury to convict. Giuliani was previously found liable for several defamation claims against them.
The jury said Friday that the former mayor must pay $16.2 million to Freeman and $17 million to Freeman, as well as $20 million to each of them for emotional distress and another $75 million in punitive damages.
In arguments before the jury began deliberations Thursday, Giuliani’s attorney had said that payment of the requested $48 million “will be the end” of him financially.
The case pits two election workers against a man once dubbed “America’s Mayor” for his role in leading New York after 9/11. In the years following the terrorist attack, he landed lucrative speaking gigs and a $3 million book deal while also running an expensive lobbying firm.
But his attorney recently signaled that Giuliani’s pockets are not deep enough to pay out what Moss and Freeman are seeking in compensation. The monetary damages the couple is seeking would be the “civil equivalent of the death penalty,” Giuliani’s attorney Joe Sibleyearlier this week.
Attorneys for Sibley and Moss and Freeman did not immediately respond to requests for comment.
Here’s a look at what’s known about Giuliani’s net worth.
How much is Rudy Giuliani worth?
Giuliani’s current net worth may be worth less than $50 million, based on his attorney’s comment that the damages Moss and Freeman sought would “be the end” of him.
About 15 years ago, Giuliani’s net worth was more than $50 million, $15 million of which came from his business activities, including his work with the lobbying firm Giuliani Partners, according to to CNN. At the time, he was making about $17 million a year, the news outlet reported.
How much has Giuliani’s net worth changed over the years?
Giuliani faces significant expenses, hurt by a third divorce and expensive litigation, and signs suggest they have taken a financial toll. To generate cash, he has sold $911 worth of 9/11 shirts and sandals sold by Donald Trump ally Mike Lindell. He also started selling video messages on Cameo for $325 per video. pop, even though his page on the site says Giuliani is no longer available.
Giuliani owes about $3 million in legal fees, according to to the New York Times. He earns about $400.00 a year from a radio show and also receives some income from a podcast, but it is not enough to cover his debts, the paper reported. Earlier this year, Giuliani’s longtime lawyer alleging the former mayor owes him nearly $1.4 million in legal fees.
Meanwhile, in July Giuliani listed his Manhattan apartment for $6.5 million, and it was still available in mid-December, according to to Sotheby’s. The 3-bedroom, 3-bath co-op includes a library with a wood-burning stove and a butler’s pantry.
How much in damages could Giuliani pay?
It’s unclear how much Giuliani can afford to pay. Giuliani’s attorney had previously argued that the jury should award less damages than what Moss and Freeman sought. Sibley, his attorney, told jurors they should compensate the women, but urged them to “remember this is a big man.”
—With reporting from the Associated Press.