The iconic Mar-a-Lago estate of Donald Trump doesn’t make the top cut of top-valued properties at $18 million.
Donald Trump’s Mar-a-Lago club on Palm Beach is poised to earn a record $9 million this fiscal year, despite a lawsuit filed by the GOP presidential candidate claiming air traffic from Palm Beach International Airport is damaging the club’s 90-year-old buildings resulting in increased repairs and a loss of business income.
The financial results were buried in a treasure trove of documents Trump had to disclose this month as part of his legal battle with Palm Beach County. They offer a glimpse into one corner of the GOP presidential nominee’s business empire just as Trump faced renewed pressure to release his federal income tax returns in the wake of this week’s presidential debate.
The documents Trump turned over to county officials appear to show, however, that profits at Trump’s Mar-a-Lago club, arguably one of the gems in his global real estate portfolio, have increased despite his assertions that PBIA traffic undermines the property’s success.
