REAL ESTATE TYCOON’S WIFE RAISES BIG AMOUNT OF MONEY TO HELP TRUMP PAY MASSIVE NYC CIVIL JUDGMENT
Elena Cardone, wife of Grant Cardone from Cardone Capital, initiated a GoFundMe campaign to support President Donald Trump, who faces a substantial judgment in New York.
The judgment, issued by Judge Arthur Engoron, has led to significant ramifications for New York businesses, with entrepreneurs and investors expressing intentions to leave due to the hostile environment created by Trump’s legal battles.
Cardone Capital, among others, has decided to cease operations in New York.
READ MORE: REAL ESTATE TYCOON’S WIFE RAISES BIG AMOUNT OF MONEY TO HELP TRUMP PAY MASSIVE NYC CIVIL JUDGMENT
Grant Cardone stated that they had planned investments in cities like Chicago, California, and New York City, but the ruling halted those plans.
President Trump has until Monday to post bond for an appeal; otherwise, New York State Attorney General Letitia James may move to seize his real estate assets, including Trump Tower.
Elena Cardone’s GoFundMe aims to fund the $355 million judgment, which with interest amounts to over $450 million.
She argues that supporting Trump is crucial as his legal battles are not just about him but about defending fairness and due process for all Americans. The fundraiser symbolizes solidarity against what she perceives as unfair targeting of dissent and freedoms.
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In her fundraiser description, Mrs. Cardone wrote, “The recent legal battles he faces are not just an attack on him, but an attack on the very ideals of fairness and due process that every American deserves. It’s a moment that calls into question the balance of justice and the application of law, disproportionately aimed at silencing a voice that has been at the forefront of advocating for American strength, prosperity, and security.”
According to Fox Business, Grant Cardone explained, “We thought this year was the opportunity to come into Chicago, California and New York City. I’ve been waiting for 40 years now to invest in that marketplace. I was completely confident this was the year to come. When that ruling happened, it was like, pencils down. Don’t touch it. Don’t go there.”
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Moreover, Cardone highlighted the chilling effect such fines could have on entrepreneurial spirit and announced the cessation of business activities in New York. As of now, the fundraiser has raised nearly $2 million for President Trump.