On Tuesday night, President Donald Trump’s lawyer, Michael Cohen revealed that he paid around $130,000 to adult film star, Stephanie Clifford (better known as Stormy Daniels). He claimed that the amount was never reimbursed. How rich is Michael Cohen? His net worth is estimated at $10.0 million. If you want to know more about Trump’s lawyer, his fortune, and his involvement in the developing scandal, keep reading!
In a statement, Cohen said, “Neither the Trump Organization nor the Trump campaign was a party to the transaction with Ms. Clifford, and neither reimbursed me for the payment, either directly or indirectly. The payment to Ms. Clifford was lawful, and was not a campaign contribution or a campaign expenditure by anyone.”
Cohen didn’t reveal if Trump knew about the payment, or if there have been others. More importantly, many are wondering why Cohen would pay Stormy Daniels out of his own pocket. This recent news about Trump’s lawyer has people wondering about his salary and earnings.
How Rich Is Michael Cohen?
- Michael Dean Cohen is an attorney and spokesperson for President Donald Trump.
- He graduated from the American University and is famous for representing Trump and the Trump Organization.
- During Michael Dukakis’ 1988 presidential campaign, Cohen was a volunteer.
- Michael Cohen’s net worth is estimated at $10.0 million.
- Most of his wealth comes from his investments in real estate and taxis.
- Michael Cohen’s estimated salary of $731,000 includes bonus and base pays.
- However, most of his income is from the over 15 taxi firms he owns in New York City.
- Cohen also earns a great deal of money by investing in real estate. He is the owner of Stonehenge 63, which he bought in 2015 for $58.0 million.
- That year, he sold three rental buildings for $9.25 million. The year before, he sold another rental building for $10.0 million.
- Cohen and his family bought several properties in Donald Trump’s buildings, which is one of the reasons why he was introduced to Trump.
Michael Cohen’s Net Worth Comparison Chart
| Michael Cohen’s Net Worth | $10.0 million |
| Amal Clooney’s Net Worth | $10.0 million |
| Al Gore’s Net Worth | $300.0 million |
| Gloria Allred’s Net Worth | $20.0 million |
| Marcia Clark’s Net Worth | $4.0 million |
| Rudy Giuliani’s Net Worth | $45.0 million |