Trump can’t sue for defamation over book’s understatement of his worth
The N.J. Law Journal reports:
Whether or not an author got it right when he said Donald Trump might be a mere mega-millionaire rather than the billionaire he says he is, Trump’s defamation suit over the comment was correctly dismissed, a New Jersey court held.
The real estate magnate and star of the TV reality show “The Apprentice” is indisputably a public figure, the court said, and has not shown actual malice on the part of New York Times reporter Timothy O’Brien, author of Trump Nation: The Art of Being The Donald.
The judges held that when a false report is published solely in reliance on confidential sources, actual malice can be inferred only if the content is defamatory as a matter of law, the defendant knew or should have known of some reasonable means to verify its accuracy and the failure to verify rises to the level of a gross violation of the standards of responsible journalism
Here is the dastardly, spiteful, malicious, comment that caused The Donald public scorn and humiliation:
The largest portion of Mr. Trump’s fortune, according to three people who had direct knowledge of his holdings, apparently comes from his lucrative inheritance. These people estimated that Mr. Trump’s wealth, presuming that it is not encumbered by heavy debt, may amount to about $200 million to $300 million. That is an enviable large sum of money by most people’s standards but far short of the billionaire’s club.”
Valuable, incredibly helpful lesson to learn: If you have the audacity to underestimate The Donald’s wealth, he’ll sue you for defamation. Is he kidding?!