In his latest financial disclosure, former President Donald J. Trump reports $56.9 million in resort-related revenue at Mar-a-Lago, an increase from the previous year’s $52.3 million. The documents, released on Thursday, list Mar-a-Lago among Trump’s employment assets, income, and retirement accounts—revealing the club’s value as exceeding $50 million.
In the disclosure, Mar-a-Lago Club, L.L.C. is stated to have produced $56,935,122 in resort-related revenue this year, up from the sum reported in last year’s filing to the Federal Election Commission (FEC). The luxurious Palm Beach resort has emerged as a focal point for Trump’s political engagements—including where he launched his 2024 presidential bid and has held numerous news conferences and campaign events.
A historic landmark and so-called Winter White House from 1973 to 1981, Mar-a-Lago has become synonymous with the MAGA movement and a hub for right-wing events. A New York Times analysis indicates that since 2021, the resort has predominantly been booked by right-wing organizations and political fundraisers, including Turning Point USA and the America First Policy Institute (AFPI).
The surge in Mar-a-Lago’s revenue might also be attributed to increased membership fees. During a recent New York civil fraud trial, a Trump Organization analyst revealed that the club’s initiation fee had escalated to $600,000, up from $100,000 in 2016. Four new membership spots, priced at $1 million each, are set to become available in October. […]
– Read More: thenationalpulse.com
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