Rudolph Giuliani’s recent bankruptcy financial disclosures reveal that his assets include New York Yankees world series rings, a signed Joe DiMaggio shirt, and potential claims against Donald Trump and President Joe Biden.
The former federal prosecutor and New York City mayor made the disclosures Friday in the US Bankruptcy Court for the Southern District of New York. He filed for bankruptcy in December to halt debt collections as he seeks to modify or appeal a $148 million judgment related to his campaign for Trump.
According to the Friday filings, Giuliani listed $10.6 million in assets against almost $153 million in liabilities, including $990,000 in taxes he owes.
His homes make up the majority of his assets, with his Manhattan condominium valued at $5.6 million and his Palm Beach, Fla. home at $3.5 million. He also stated that at least $1.6 million of his assets are exempt from creditor collection.
Giuliani plans to ask for court permission to sell his Manhattan condo, according to his attorney Heath Berger of Berger Fischoff Shumer Wexler & Goodman LLP. Berger referenced the bankruptcy of right-wing conspiracist Alex Jones’ as a potential resolution model for Giuliani’s Chapter 11 case.
Giuliani stated that he has a possible claim for unpaid legal fees against Trump and a “Joseph Biden defamation claim.” He also mentioned that he previously named Biden’s son, Hunter, as a creditor in his bankruptcy petition. Additionally, he listed a signed picture of sports legend Reggie Jackson and a shirt signed by Yankees icon Joe DiMaggio as assets, without specifying their values.
Other assets disclosed by Giuliani include a 1980 Mercedes-Benz worth $25,000, and about $30,000 in jewelry that includes three Yankees world series rings, a Tiffany & Co. watch, a Rolex, a Frank Muller watch, and costume jewelry, as per court records.”
Furthermore, Giuliani filed for Chapter 11 after Judge Beryl A. Howell of the US District Court for the District of Columbia allowed Georgia poll workers Ruby Freeman and her daughter, Shaye Moss, to immediately go after his assets, following a jury verdict ordering Giuliani to pay Freeman and Moss $148 million after falsely accusing them of election fraud. Giuliani has called the DC judgment “unreasonable on its face,” and said it doesn’t reflect the true damages suffered by the workers. As part of his personal bankruptcy, Giuliani is required to disclose all of his assets and business activities, under penalty of perjury. If the disclosures aren’t accurate or full, potential criminal penalties could follow.
Giluiani reported $14,000 in his checking account, and $351 in his savings account, as per court papers. He stated that he had an “unknown” amount of shares in Uber, as well as retirement accounts worth about $1.4 million. Giuliani’s schedules also indicate that he received about $3.3 million in retirement benefits from 2021 through 2023. This includes $1.3 million in pension distributions, almost $148,000 in social security benefits, and $1.8 million in IRA distributions.
Out of his $44,000 in monthly expenses, Giuliani listed a $13,500 court-ordered payment to his mother-in-law as part of a divorce agreement and $5,000 in alimony. He also noted that he has 10 pending lawsuits against him. Giuliani is represented by Berger Fischoff Shumer Wexler & Goodman LLP. The case is Rudolph W. Giuliani, Bankr. S.D.N.Y., No. 23-12055, schedules 1/26/24.