How Much Has Trump Made From Mar-A-Lago? | Forbes
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- Опубликовано: 10 авг 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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Whoever is reading this, I pray that whatever you’re growing through gets better and whatever you’re battling with makes your situation better as you’re continuing to be a better person each day. I have faith that you’ll turn out great as your circumstances will change. Have a fantastic day! You got this! 🤗💪🏼❤️
If it is $750M than donald should pay his fair share of the property taxes.
Those estimate values are the dreamer fluke!!
How much did did taxpayers spend at maralago during trumps term.
It is making money. Hold onto it for as long as possible. Plus it is not a bad place to live.
This tells us a lot about the United States' government
Forbes needs to keep its nose out of politics.
Not according to the NY AG - 18 million! The one way judge agrees!
I estimate it at $8.7 billion.
Prolly a lot
2nd
Despite the economic crisis, i keep on earning $30,000 returns from my $7,000 investment every 10 days
"And I saw the dead, small and great, standing before God, and books were opened. And another book was opened, which is the Book of Life. And the dead were judged according to their works, by the things which were written in the books.