Rudy Giuliani, former New York City mayor and ex-President Donald Trump's former lawyer, is facing financial challenges as he recently filed for bankruptcy after a jury ordered him to pay $148 million in defamation damages.
In an unexpected move, Giuliani has urged social media users to subscribe to his podcast for a monthly fee, signaling a potential effort to generate income, as per Newsweek.
Rudy Giuliani Regrets Not Having Pension
WASHINGTON, DC - DECEMBER 11: Rudy Giuliani, the former personal lawyer for former U.S. President Donald Trump, departs the E. Barrett Prettyman U.S. District Courthouse on December 11, 2023 in Washington, DC. Jury selection and opening arguments started today in his defamation jury trial brought by Fulton County election workers Ruby Freeman and Shaye Moss, who successfully sued Giuliani in civil court.
Rudy Giuliani, known for his pivotal role in guiding New York City during the awful incidents of the 9/11 attacks, has reportedly chosen not to seek a pension that could have potentially granted him an extra $442,000 in financial resources.
hen asked about his decision, he cited "giving back to the city" as his motivation and acknowledged his lack of knowledge on the process of applying for a pension.
Giuliani, who notably lacks a pension, has made contributions to the city's deferred compensation plan. The estimated amount of his contributions falls within the range of $50,000 to $100,000.
In a notable departure from the norm, former mayors often choose to receive pensions. However, Rudy Giuliani is emulating the actions of his predecessor, Michael Bloomberg, who, as a billionaire, made the unconventional decision to forgo both a salary and a pension.
Moreover, Giuliani has taken to social media to promote a high-profile initiative. He is urging users to subscribe to his podcast, "America's Mayor Confidential," for a monthly fee of $10.
Giuliani is currently grappling with a substantial amount of debt. Reports indicate that his debts may amount to a staggering $500 million, while his total assets are estimated to be no more than $10 million, according to The Independent.
Giuliani Urges Social Media Fundraising Amid Challenges
In spite of his financial struggles, Giuliani continues to maintain a strong presence on social media, specifically X/Twitter. Through this platform, he is fervently urging his followers to unite with him and make contributions towards a common objective.
Several users have reported encountering difficulties when trying to access Rudy Giuliani's account, which could potentially hinder his efforts to gather financial support.
Giuliani delves into a range of topics, including the highlights of the GOP debate, his unwavering support for Trump, and the serious allegations of corruption leveled against President Joe Biden. The once-revered figure finds themselves entangled in a web of legal troubles.
Among these challenges is a defamation case in Georgia, where they stand accused of making false accusations against election workers, alleging that they manipulated the vote in favor of President Biden, Raw Story reported.
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