Giuliani Lists Yankees Loot, Trump Claim as Assets in Bankruptcy

Rudolph Giuliani’s bankruptcy financial disclosures show he has assets that 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 tries to modify or appeal a $148 million judgment stemming from his discredited campaign to keep Trump in the White House.

Giuliani listed $10.6 million in assets against almost $153 million in liabilities, including $990,000 in taxes he owes, according to the Friday filings.

Giuliani’s homes make up the bulk of his assets. He valued his Manhattan condominium at $5.6 million and his Palm Beach, Fla. home at $3.5 million, according to court records. Giuliani also said 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 said the bankruptcy of right-wing conspiracist Alex Jones’ is a “roadmap” to finding a resolution with creditors in Giuliani’s Chapter 11.

“Hopefully at some point through the reorganization we can come to some plan at some reduced rate that will let Mr. Giuliani kind of continue working,” Berger said. “You know, he’s in his twilight years.”

Giuliani said he has a possible claim for unpaid legal fees against Trump and “Joseph Biden defamation claim.” He previously named Biden’s son, Hunter, as a creditor in his bankruptcy petition.

The former mayor also listed a signed picture of sports legend Reggie Jackson and a shirt signed by Yankees icon Joe DiMaggio as assets, but didn’t know their values.

Giuliani’s other assets 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, according to court records.

Giuliani, who led efforts to overturn the 2020 presidential election, 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.

Howell’s ruling followed 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.

Giuliani has $14,000 in his checking account, and $351 in his savings account, according to court papers. The former federal prosecutor said he had an “unknown” amount of shares in Uber, and retirement accounts worth about $1.4 million.

The schedules show Giuliani collected about $3.3 million in retirement benefits from 2021 through 2023. That 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.