"My Brand Value Is 13 Trillion Won"…Trump's 'Self-Praise'

"Name value alone 4 trillion won, the most successful in the world"
"Many valuable real estates like 'Mona Lisa'"

Former U.S. President Donald Trump stated during a civil lawsuit over financial fraud that the value of his name is at least $3 billion (approximately 4 trillion KRW) and that his brand is worth $10 billion (approximately 13 trillion KRW).

Former U.S. President Donald Trump, who was indicted on charges of election interference in Georgia, appeared at the Fulton County Jail in Georgia on the afternoon of the 24th of last month (local time). The photo shows the mugshot of former President Trump taken on that day. [Image source=Yonhap News]

According to major foreign media including the AP on the 1st (local time), in a deposition transcript from a lawsuit conducted last April that was released the day before, former President Trump claimed that his name is worth $3 billion and that "the brand alone is probably worth $10 billion," adding, "This is my most valuable asset."

He also said, "Thanks to that brand, I became president," and emphasized, "I think this is the 'hottest brand in the world'."

Former President Trump repeatedly stated that his assets have "intrinsic value" and that if he were to sell them, they would be assigned a "shocking number" in value.

He compared his real estate holdings, such as the Mar-a-Lago resort in Florida and the Turnberry golf course in Scotland, to Leonardo da Vinci's masterpiece "Mona Lisa" and works by Impressionist painter Auguste Renoir.

He said, "Among my assets, there are many things like the Mona Lisa or Renoir paintings," and added, "Why would someone spend $250 million (approximately 300 billion KRW) on a painting on a wall? Because they are very symbolic assets, and I have countless things like that."

The media pointed out that in his testimony, former President Trump used the words "beautiful" and "incredible" 15 times each to describe his assets, and said "phenomenal" six times, employing all kinds of superlative and glamorous adjectives.

Former U.S. President Donald Trump held a presidential campaign rally on June 27 (local time) in Concord, New Hampshire, an early primary state. The American polling firm Morning Consult released a poll on the same day showing that former President Trump leads President Joe Biden in a hypothetical one-on-one matchup, surpassing the margin of error. [Image source=Yonhap News]

Earlier, the state of New York filed a lawsuit alleging that former President Trump and his children committed financial fraud by inflating the value of Trump Group's assets.

The New York State prosecutors believe that the Trump family underreported real estate values to pay less tax, while inflating asset values during bank loan processes to gain unfair benefits.

In documents submitted to the court, prosecutors stated that former President Trump inflated his assets by about $2.2 billion (2.9 trillion KRW) in 2014 and obtained unfair profits over approximately 10 years from 2011 to 2021 from lenders, insurance companies, and others.

Meanwhile, in his testimony for this lawsuit, former President Trump praised his past actions as U.S. president, calling them "the most important work" and saying, "Through this, I saved millions of lives."

He claimed, "If I had not dealt with North Korea, a nuclear war would have occurred, and if I had not been elected, a nuclear war would have occurred," adding, "To tell the truth, even now (without me as president), a nuclear war could happen."

This content was produced with the assistance of AI translation services.