Real estate investing mogul and former Trump advisor Tom Barrack.
ASSOCIATED PRESS
The dealmaker made the Forbes Billionaires list in 2013, but his investments soured in the years that followed. That $250 million in bail he posted covered the largest known chunks of his assets.
When Tom Barrack, a real estate investing mogul and former advisor to Donald Trump, was charged last week with allegedly acting as an unregistered foreign agent for the United Arab Emirates, the massive $250 million bail he was forced to post raised eyebrows. (Barrack pled not guilty.) The natural question: How big a piece of his net worth did that bond represent?
CNN called Barrack a billionaire, as did the Washington Post and the New York Times, which would imply that he had to fork over less than a quarter of his fortune to secure his release from jail while he awaits trial. “If you were 74, worth over $1 billion and looking at serious jail time would you sacrifice the…