Mar-a-Lago is worth $325 million. Impressive.
“Trump bought Mar-a-Lago in 1985 for about $10 million. Today, it’s worth $325 million, Forbes reported, and Trump owns it free and clear. “
Didn’t the judge in the fraud case value Mar a Lago at $18 million and used that as the basis for determining that Trump engaged in fraud?
I wonder how much just his name used by business enterprises on buildings is worth!
Doesn’t include his international properties
.
“Today, it’s worth $325 million, Forbes reported, and Trump owns it free and clear.”
And on the tax rolls at $16 million.
It’s the only place that everyday Americans (who can afford it) can dine or stay on the same premises as a former president.”
LOL
Mar-A-Lago is a private club. Initiation is $200,000 with a $14,000 annual fee.
“It’s the only place that everyday Americans (who can afford it) can dine or stay on the same premises as a former president.”
Some of the “ordinary citizens”:
Bill Belichick
Bill Koch
Howie Carr
“In 1994, Carol Management sold a majority stake in the resort to KSL Recreation, a Kohlberg Kravis Roberts affiliate focused on premier golf facilities, for approximately $100 million”
“In February 2012, the Trump Organization purchased the Doral Resort & Spa out of bankruptcy for $150 million. The property’s name was then changed to Trump National Doral. Trump began a $250-million renovation of the resort in 2013, which was completed in 2016. The purchase and renovation were financed with $125 million in loans from Deutsche Bank.”
“Trump’s purchase included four of the five golf courses”
“The fifth, the ‘Great White Course,’ was excluded from the sale because of its high potential for redevelopment. Instead, it was sold, along with the other bankrupt properties, to GIC, a creditor in the case. GIC sold the course in 2016 for $96 million to two homebuilders: Lennar and CC Homes.”
https://en.wikipedia.org/wiki/Trump_National_Doral_Miami
Trump will make a fortune off his Trump sneakers at $399 per pair. The first batch sold out in 4 hours.
Trump investments in North Korea would be safer than in the former US.