How Much Has Trump Made From Mar-A-Lago? | Forbes
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- เผยแพร่เมื่อ 10 ส.ค. 2022
- Donald Trump has made a lot of investments over his career. One of the flashiest, his purchase of Mar-A-Lago, also turned out to be one of the best. Trump paid an estimated $10 million for it in 1985 and turned it into a moneymaking club, before a rising real estate market made it one of the most valuable homes in the world. Today, the crown jewel of Palm Beach is worth an estimated $350 million.
The property, which the former president said the Federal Bureau of Investigation raided on Monday, was historic long before Trump got involved with it. The cereal heiress Marjorie Merriweather Post built the estate from 1924 to 1927, incorporating details befitting the Roaring Twenties. Stones traveled from Genoa, Italy, via three ships. Silk-needlework panels came from an old palace in Venice. The living room rug hailed from a Spanish monastery.
In 1995, Trump turned the mansion into a private club. It operated that way for a couple of decades, hosting rich members and glitzy events. In 2015, Trump declared that he was running for president. His comments on the campaign trail turned off some customers, but others flocked to the place. In 2014, Mar-A-Lago generated an estimated $10 million a year of revenue. The year Trump announced his presidential run, sales jumped to an estimated $22 million. They continued to climb to an estimated $29 million the following year.
In a 2016 deposition, Trump fielded a question about how his campaign was impacting his business. “I could tell you one example where it has actually been very positive,” he said. “The manager told me recently. He said, ‘Boy, it is actually the best year we’ve ever had at Mar-a-Lago.’ And I was looking at the numbers. I said, ‘What do you attribute this to?’ He said, ‘The campaign.’”
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Those estimate values are the dreamer fluke!!
It is making money. Hold onto it for as long as possible. Plus it is not a bad place to live.
If it is $750M than donald should pay his fair share of the property taxes.
According to NY AG - it's only worth 18 million!
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He can pay tax on the estimated £18m lol@@danielfatfingahs5649
How much did did taxpayers spend at maralago during trumps term.
Considering the earnings of Mar-a-lago actually increased after he left office then it would point to probably not much.
This tells us a lot about the United States' government
Forbes needs to keep its nose out of politics.
its not even accurate, the property cannot be developed for real estate purposes. According to public Palm Beach property records, Mar-a-Lago was valued at $37m as of 1 January 2023, up from $31m a year before.
Judge Arthur Engoron has previously said in court that he relied on the Palm Beach County property appraisal which valued Mar-a-Lago at between $18m and $37m.
Mar-a-Lago is currently taxed at a valuation of $33.4m.
I estimate it at $8.7 billion.
Hilarious
Not according to the NY AG - 18 million! The one way judge agrees!
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