Donald Trump sued an author for $1 billion because he called him a millionaire, not a billionaire!
Donald Trump attempted to sue a book author named Timothy O’Brien who claimed Trump really wasn’t a billionaire. Trump sued on the premise of libel, but lost because the court was unable to prove that O’Brien had committed actual malice. In a book on Donald Trump, O’Brien estimated Trump’s worth to be between $150 and $250 million.
Trump filed a lawsuit of $5 billion to prove his point but was obviously unsuccessful. The New Jersey court said, “There were no significant internal inconsistencies in the information provided by the confidential sources, nor was there ‘reliable’ information that contradicted their reports.” Trump’s lawyers say his net worth easily exceeds $7 billion, but Trump has admitted his worth changes based on his mood of the day.