What is Rudy Giuliani's net worth in 2023?
Rudy Giuliani followed his time in public service with a lucrative career in the private sector that turned him into a multimillionaire. But the former New York mayor now faces potential legal damages of almost $50 million in a defamation case filed by two Georgia election workers, a penalty his attorney has said "will be the end" of him financially.
The election workers, Ruby Freeman and her daughter, Wandrea "Shaye" Moss, should be awarded $24 million each in damages from Giuliani, their attorney argued on Thursday. Giuliani was earlier found liable for several defamation claims against them, and the jury on Friday afternoon was deliberating on the damage amount.
The case pits two election workers against a man who was once dubbed "America's mayor" for his role leading New York after 9/11. In the years following the terrorist attack, he scored lucrative speaking gigs and a $3 million book contract, while also leading a high-priced lobbying firm.
But his attorney recently signaled that Giuliani's pockets aren't deep enough to pay out what Moss and Freeman are seeking as compensation. The financial damages the pair are seeking would be the "civil equivalent of the death penalty," Giuliani's attorney Joe Sibley told the jury earlier this week.
Sibley and Moss and Freeman's attorneys didn't immediately respond to requests for comment.
Here's a look at what is known about Giuliani's net worth.
How much is Rudy Giuliani worth?
Giuliani's current net worth could be worth less than $50 million, based on his attorney's comment that the damages sought by Moss and Freeman would "be the end" of him.
About 15 years ago, Giuliani's net worth was more than $50 million, with $15 million of that total from his business activities, including his work with lobbying firm Giuliani Partners, according to CNN. At the time, he earned about $17 million a year, the news outlet reported.
How much has Giuliani's net worth changed over the years?
Giuliani faces considerable expenses, hurt by a third divorce and pricey lawsuits, and signs suggest they have taken a financial toll. To generate cash, he's sold 9/11 shirts for $911 and pitched sandals sold by Donald Trump ally Mike Lindell. He also started selling video messages on Cameo for $325 a pop, although his page on the site says Giuliani is no longer available.
Giuliani owes about $3 million in legal fees, according 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's not enough to cover his debts, the newspaper reported. Earlier this year, Giuliani's long-term attorney sued him, alleging that the former mayor owes him almost $1.4 million in legal fees.
Meanwhile, Giuliani in July listed his Manhattan apartment for $6.5 million, and it was still available in mid-December, according to Sotheby's. The 3-bedroom, 3-bathroom co-op includes a library with a wood-burning fireplace and a butler's pantry.
How much in damages could Giuliani pay?
It's unclear, with Giuliani's attorney arguing that the jury should award smaller damages than what Moss and Freeman are seeking. Sibley, his attorney, told jurors they should compensate the women, but urged them to "remember this is a great man."
—With reporting by the Associated Press.
