Rudy Giuliani Net Worth 2025: The Shocking Financial Fall Revealed
Rudy Giuliani's financial world has turned upside down, with his net worth plunging to a staggering negative $150 million. The former New York City mayor's fall from grace represents one of the most dramatic financial collapses in recent political history. His wealth once peaked at more than $50 million, but now he struggles with overwhelming debt and mounting legal challenges.
The story behind this severe financial downfall reveals a complex web of troubles. A December 2023 defamation case dealt the heaviest blow when courts ordered him to pay $148 million in damages to two Georgia election workers. The judgment broke down into $75 million for punitive damages, $40 million for emotional distress, and $16 million for defamation.
Giuliani's situation became so dire that he filed for bankruptcy. His financial disclosure showed assets between $1 million and $10 million, while his liabilities soared to at least $152 million. Additional burdens include roughly $1 million in unpaid taxes and over $3.5 million owed to law firms.
Let's get into Giuliani's wealth evolution, the devastating legal battles that crushed his finances, and his money trail. We'll look at his remaining assets and compare his current financial predicament to his previous prosperity. This piece aims to paint a complete picture of Rudy Giuliani's net worth in 2025.
Rudy Giuliani’s Net Worth in 2025: The Numbers Revealed
Rudy Giuliani's net worth in 2025 sits at negative $150 million – a mind-boggling number that tells the story of his financial collapse. The former New York City mayor, once hailed as "America's Mayor" after 9/11, now faces a financial reality that nobody could have predicted given his previous wealth and status.
Estimated net worth after bankruptcy
Giuliani's financial picture turned bleaker after filing for bankruptcy in December 2023. His Chapter 11 bankruptcy protection filing revealed the stark truth: assets worth between $1 million and $10 million couldn't match his staggering $152 million in liabilities.
The bankruptcy hasn't given Giuliani the protection he hoped for. Courts have repeatedly ruled against him. His lawyers tried and failed to reduce or dismiss the $148 million defamation judgment. The debt remains almost completely intact.
The bankruptcy filing hasn't stopped his legal problems either. The judge handling his case allowed some legal proceedings to continue. The Georgia election workers who won the defamation case can still pursue action against him for false statements he made after the original judgment.
Comparison with Rudy Giuliani net worth 2024
The financial drop from 2024 to 2025 shows a steady decline rather than a sudden crash. His net worth had already dipped into negative territory in early 2024 right after the defamation judgment and bankruptcy filing.
The 2025 financial picture looks worse than 2024 because of mounting legal fees, failed appeals, and his inability to make good money. Giuliani tried raising funds throughout 2024 by starting a defense fund and selling personalized video messages. These efforts were nowhere near enough to tackle his massive debt.
His income keeps shrinking. His law licenses in New York and Washington D.C. remain suspended – cutting off what used to be his main source of income. Consulting work has dried up too as clients avoid any connection to his controversial legal and financial troubles.
How much is Rudy Giuliani worth today?
Looking at Giuliani's current worth means checking both what he owns and what he owes.
His main assets are:
- A Manhattan apartment worth about $3.8 million
- A Palm Beach condo (value uncertain)
- Personal items like clothes, jewelry, and memorabilia
- Some retirement accounts and investments that haven't been sold
His debts paint a much darker picture:
- $148 million from the defamation judgment
- About $1 million in taxes
- Over $3.5 million owed to law firms
- Other debts and possible judgments from ongoing cases
He spends more than he makes each month. Reports show he spends $2,000 on cigars and $12,000 on subscriptions – habits that many criticize given his money troubles.
The hard truth is that without a huge legal win, debt forgiveness, or unexpected fortune, Giuliani's net worth will stay deep in the red. His story shows how quickly someone's fortunes can change when legal problems pile up and reputation takes a hit.
How Giuliani Built His Wealth Over the Years
Rudy Giuliani built a fortune worth between $18.1 million and $70.4 million before his financial downfall. His path from a modest public servant to a multi-millionaire shows how political fame can turn into private sector wealth.
Early legal and political career
Giuliani started as a Democrat in the mid-1960s. He became an Independent in 1975 and later switched to the Republican party in 1980. These political changes happened alongside his growing legal career, which began when he worked as a clerk for Judge Lloyd Francis MacMahon before joining the Justice Department.
His career took off when he became U.S. Attorney for the Southern District of New York in 1983. There he secured 4,152 convictions. The role didn't make him rich, but it helped build his reputation that would later become valuable.
Giuliani's salary as New York's mayor was a modest $195,000 per year. His 2001 divorce proceedings showed he had only $7,000 in personal wealth. Yet he had already started building his wealth with a $3 million advance for two books. He also owned Manhattan apartments and retirement funds valued between $1.16 million and $1.83 million.
Post-mayoral consulting and speaking gigs
After his term ended on December 31, 2001, Giuliani turned his 9/11 hero status into a lucrative income stream. He made an impressive $11.4 million just from speaking engagements in 2006-2007. His standard fee was $100,000 per speech, sometimes reaching $200,000.
His speaking schedule was intense. He gave 20 speeches in a single month during 2006. He spent about 200 days each year traveling between 2001 and 2008.
His client list included major corporations and Wall Street banks:
- He earned $750,000 from eight speeches at JPMorgan Chase, Merrill Lynch, and Lehman Brothers
- Oklahoma State University paid him $100,000 plus $47,000 for private jet travel
- HSM, an executive education company, gave him $550,000 for eight appearances
Giuliani protected his privacy at these events. His contracts banned recordings or media coverage without his approval. His travel requirements were specific – he needed Gulfstream IV jets (about $40,000 daily) and particular accommodation arrangements.
Giuliani Partners and law firm income
Giuliani asked permission to start a consulting firm on December 7, 2001, before leaving office. His firm, Giuliani Partners LLC, earned over $100 million in its first five years. The company grew from around twelve employees to four times that size and formed strategic collaborations with Ernst & Young.
The business expanded to include several subsidiaries:
- Giuliani Capital Advisors, an investment bank later bought by Macquarie Group
- Giuliani Security & Safety, offering international security consulting
- Giuliani Compliance Japan and Giuliani Security & Safety Asia
His clients included Purdue Pharma during its OxyContin investigation. He also worked with Mexico City on a $4.3 million crime reduction project and helped Colombian authorities in Medellín with security consulting for $295,000. His partnership at Bracewell & Giuliani law firm added another $1.2 million yearly.
Even while working as Trump's unpaid attorney by 2017, his businesses brought in $9.5 million, followed by $5 million in 2018. This shows how well he turned his public service experience into private sector success.
The Legal Battles That Changed Everything
Rudy Giuliani's net worth crumbled under a legal tsunami that started with a defamation case. The verdict turned out to be one of the largest ever against someone in politics.
Defamation case and $148 million judgment
A Washington, D.C. jury hit Giuliani with a massive $148 million penalty in December 2023. The case involved two Georgia election workers, Ruby Freeman and Wandrea' "Shaye" Moss. The jury found him guilty of making false accusations about their involvement in the 2020 presidential vote count.
The huge verdict broke down into:
- $75 million in punitive damages
- $33 million in compensatory damages
- $40 million for intentional infliction of emotional distress
Giuliani struck a deal in January 2025 after months of legal back-and-forth. He kept his Manhattan apartment, Palm Beach condo, and personal items. The agreement required him to stop making false claims about the election workers. Court papers filed in February 2025 showed he "fully satisfied" the judgment, though nobody knows the exact details.
Bankruptcy filing and court rulings
The defamation verdict pushed Giuliani to file for bankruptcy protection right away. He listed debts of nearly $153 million but owned assets worth only $1 million to $10 million. His money situation looked grim with just $94,000 in cash by May 2024. His retirement account dropped from $2.5 million in 2022 to barely over $1 million.
The bankruptcy protection fell apart in July 2024. U.S. Bankruptcy Judge Sean Lane threw out the case and called Giuliani a "recalcitrant debtor" who ignored court orders. The judge pointed to his lack of honesty about money matters, including hidden income sources and unreported company earnings.
Other lawsuits and legal fees
Legal troubles keep piling up beyond the defamation case. Giuliani faces criminal charges in Arizona and Georgia tied to attempts to flip the 2020 election results.
His old law firm Davidoff Hutcher & Citron wants $1.3 million in unpaid legal fees. More people want their money, including the IRS asking for about $1 million in taxes. Several law firms handling his many court cases also demand payment.
The bankruptcy dismissal stripped away his protection from creditors. Now they can go after what's left of his assets. Giuliani must figure out how to handle his massive debt while paying for his expensive legal defense.
Where the Money Went: Spending, Divorce, and Debt
Rudy Giuliani's lavish spending tells a different story than his public claims about money troubles. Court documents from his bankruptcy proceedings show how he quickly burned through his remaining assets with luxury purchases.
Lavish lifestyle and monthly expenses
Giuliani told the bankruptcy court he might end up "homeless." Yet he managed to keep monthly expenses of $44,746 – about ten times more than what average Americans earn ($4,935 monthly in early 2024). His expenses between April and August 2024 reached $178,987.
These included:
- $21,000 in New York apartment fees right after his homelessness claims
- $15,995 in management fees for his Palm Beach condo
- $148 at a Palm Beach yacht club
- $700 on health supplements from Konscious
Giuliani's May 2024 earnings hit $61,717, but he spent around $33,000 that same month. His bankruptcy papers showed odd expenses like multiple Amazon streaming services costing $3-10 each. He also racked up expensive restaurant bills while dodging service for a criminal indictment in Arizona. These included $167 at Bricktop's and $119 at Bice in Palm Beach.
Divorce settlements and support payments
Giuliani's divorce from Judith Giuliani added to his money troubles. He owed her $260,000 at one point. This included $140,000 for their Palm Beach property, $70,000 for country club fees, and $45,000 for household help.
A Manhattan judge found Giuliani in contempt of court in September 2022. The judge ordered him to pay his ex-wife $235,442 by October 7 that year or face jail time. His monthly alimony payments of $5,000 put extra strain on his shaky finances.
Unpaid taxes and IRS liens
The IRS slapped a lien on Giuliani's Florida property over roughly $550,000 in unpaid income taxes. He and his ex-wife bought the Palm Beach lakeside condo for $1.4 million in 2010. The property became his alone after their 2020 divorce.
Giuliani tried selling the condo for $3.3 million in 2019 but found no buyers. The property sits less than three miles from Trump's Mar-a-Lago residence. Currently assessed at $3,070,000, this condo remains one of his few valuable assets as his debts keep piling up.
What Assets Does Giuliani Still Own?
Rudy Giuliani claims financial hardship, but his remaining assets paint a different picture that contradicts his public statements about being broke.
New York apartment and Palm Beach condo
The most valuable asset in Giuliani's portfolio is his Upper East Side Manhattan apartment worth $5.7 million. A court has ordered him to transfer this property to a receivership for the Georgia election workers. He also owns a Palm Beach condominium bought in 2010 for $1.41 million that's now worth between $3.07-$3.5 million. He tried to protect this property by making it his primary residence in July 2023. He even cast his first Palm Beach County ballot in October 2024.
Liquid assets and bank account status
Giuliani's bank account showed $60,000 in mid-2024, but this amount quickly dropped by half. His financial records show he paid $14,000 for his New York condo expenses and $25,000 in fees for his Florida property. Now he says: "I have no cash… If I wanted to call a taxi cab, I can't do it".
Attempts to sell properties and raise cash
Giuliani put his Manhattan apartment on the market through Sotheby's in July 2023. Court papers show he looked for other ways to make money, including a documentary project that earned him $75,000 and a deal involving "Rudy"-branded coffee beans.
Conclusion
Rudy Giuliani's financial collapse ranks among the most dramatic downfalls in modern political history. His experience from "America's Mayor" with a net worth over $50 million turned into a nightmare of debt with negative $150 million net worth. The $148 million defamation judgment wiped out his fortune, and his bankruptcy filing didn't give him the protection he needed.
Giuliani turned his political fame into wealth through speaking gigs, consulting work, and legal services. His legal troubles from the 2020 election proved disastrous. His lifestyle stayed extravagant despite money problems that made everything worse.
He kept spending big – $2,000 on cigars and thousands more on subscriptions – while telling courts he might end up homeless.
Money problems haven't stopped Giuliani from holding onto his Manhattan apartment and Palm Beach condo. These last valuable properties remain at risk after courts dismissed his bankruptcy case. He tried to cash in on his remaining fame, but his ventures don't come anywhere near covering his massive debt.
Life can change fast when legal troubles pile up and reputation takes a hit. Giuliani's story proves this point. Without an unexpected legal win or debt relief, his money situation looks grim. This former high-roller who once got $200,000 for speaking now can't handle simple expenses. It's a complete reversal for someone who once stood at the top of American political and financial success.
FAQs
Q1. What is Rudy Giuliani's current net worth?
As of 2025, Rudy Giuliani's net worth is estimated to be negative $150 million, primarily due to a massive defamation judgment and other legal troubles.
Q2. How did Rudy Giuliani lose his fortune?
Giuliani's financial downfall was primarily caused by a $148 million defamation judgment in December 2023, along with mounting legal fees, unpaid taxes, and continued lavish spending habits.
Q3. What major assets does Rudy Giuliani still own?
Giuliani still owns a Manhattan apartment valued at approximately $5.7 million and a Palm Beach condominium worth between $3.07-$3.5 million, though these assets are vulnerable to creditors.
Q4. How much was Rudy Giuliani worth at his peak?
At his financial peak, Rudy Giuliani was reportedly worth more than $50 million, largely accumulated through speaking engagements, consulting work, and legal services after his tenure as New York City mayor.
Q5. Has Rudy Giuliani filed for bankruptcy?
Yes, Giuliani filed for bankruptcy protection immediately after the defamation verdict in December 2023. However, his bankruptcy case was dismissed in July 2024 due to lack of financial transparency and failure to comply with court orders.