Donald Trump reported $56.9 million in resort-related revenue at Mar-a-Lago in his latest financial disclosure, which was released on Thursday, up from the $52.3 million recorded in the document released last year.
The former president's famed luxury resort club in Palm Beach, Florida, is listed among his employment assets & income and retirement accounts. Mar-a-Lago Club, L.L.
C. is described as having a value above $50,000,000 and having produced an income of $56,935,122 in resort-related revenue this year. In his previous financial disclosure, Mar-a-Lago was reported as having generated $52.
3 million from 2022 through April 30 2023. In last year's filing to the Federal Election Commission, Trump had also described the Palm Beach resort as being worth more than $50 million. An increase in revenues this year could be linked to the growing number of holding campaign events in Mar-a-Lago, where Trump launched his 2024 presidential bid and is now holding many of his news conferences.
During the latest, which was held in Mar-a-Lago's main room last week, Trump described the country as being in "the most dangerous position it's ever been in from an economic standpoint, from a safety standpoint" and attacked his opponent , calling her "the least admired, least respected and the worst vice president in the history of our country." According to the latest polling from FiveThirtyEight, which refers to August 12, 41.9 percent of Americans approved of Harris, while 48.
9 percent disapproved of the vice president. As of August 15, , 43.0 percent of Americans had a favorable opinion of Trump, while 52.
2 percent had an unfavorable opinion. Mar-a-Lago, where Trump lives during the winter and which is his primary residence since he left the White House, has become something of a symbol for the MAGA branch of the . found that the majority of events booked at Mar-a-Lago since 2021 have been hosted by right-wing organizations and political fundraisers with a strong pro-Trump flavor.
Among the groups now holding their annual galas there are , the right-wing organization founded by Charlie Kirk, and the America First Policy Institute, a nonprofit setup by former Trump officials in 2021. The newspaper reported that before 2021, the Florida resort attracted a very different clientele, which included Palm Beach's wealthy society and was rarely political. Another reason behind the increase in revenues generated by Mar-a-Lago can be linked to the fee members are asked to pay to become members of the club.
During the New York civil fraud trial brought against Trump by New York Attorney General Letitia James, an analyst for the Trump Organization, the club's membership initiation fee was $600,000, the highest it had ever been. In 2016, the fee was $100,000. Earlier this month, four new spots became available at the club, for a price tag of $1 million.
Applications will open in October—one month before the presidential election. contacted the Trump Organization for comment by email on Friday morning. The club has about 500 members, who have access to Mar-a-Lago's dining rooms, spa, pool, beach club, tennis courts, croquet lawns, guest rooms and exclusive suites, as well as Trump's golf properties around the world.
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