One listing on the report, Trump's Mar-a-Lago golf club estate in Palm Beach, Florida, stands out, due in part for its $37.2 million in "resort-related revenue," about $7.5 million more than in 2016. The estate made $29.8 million in 2015, and $15.6 million in 2014.
Full Answer
How much is Mar-a-Lago worth?
The club’s revenues reached an estimated $29 million in 2016, up 25% from the year prior. And despite dozens of organizations pulling events from Mar-a-Lago, Forbes estimates the place is worth $10 million more than it was before Trump was elected.
How much did Trump’s Mar-a-Lago trips cost taxpayers?
Trump's Trips To Mar-a-Lago Cost Taxpayers $3.4 Million Each The GAO looked into four trips early on in the Trump presidency, estimating they cost $13.6 million. The watchdog agency says the Secret Service needs to do a better job of reporting the costs. A Coast Guard patrol boat in the waters off Mar-A-Lago.
How many times has Trump golfed at Mar-a-Lago?
In 2017-18, Trump spent 69 days of his presidency in Mar-a-Lago, a Palm Beach, Florida, resort owned by the Trump Organization ; 33 at his Bedminster, New Jersey, golf club; and 31 at Trump National in Sterling, Virginia, according to USA TODAY in June 2018. By this May 25, the president had visited a Trump golf course 266 times, CNN reported.
Why did Trump buy Mar-a-Lago?
When Post died in 1973, she offered Mar-a-Lago to the federal government for use as a presidential retreat. But in 1981, facing massive maintenance costs, the government gave the estate to the Marjorie Merriweather Post Foundation, which sold it to Trump four years later for about $10 million.
How much did Donald Trump buy Mar-a-Lago?
Trump purchased Mar-a-Lago in 1985 for about $10 million—$5 million for the massive home, a reported $3 million for its lavish furnishings, plus another $2 million for 400 feet of prime beachfront directly across the street.
When did Mar-a-Lago go to the government?
When Post died in 1973, she offered Mar-a-Lago to the federal government for use as a presidential retreat. But in 1981, facing massive maintenance costs, the government gave the estate to the Marjorie Merriweather Post Foundation, which sold it to Trump four years later for about $10 million.
Where did Mar-a-Lago launch missiles?
Three months later he launched missile strikes in Syria while dining with Chinese president Xi Jinping at the club. Given Mar-a-Lago’s new spot at the nexus of world power, it’s no surprise that business seems to be booming.
How much does it cost to go to Mar-a-Lago?
In a report published by the Government Accountability Office on Feb. 5, 2019, trips the President makes to Mar-a-Lago can cost the taxpayers about $1 million a day.
How much did the Department of Defense spend on Mar-a-Lago?
The Department of Defense’s costs for the Mar-a-Lago trips totaled nearly $8.5 million for a range of expenses including government and commercial airfare, the use of government-owned boats, equipment rentals, meals and hotel rooms, according to the report.
How much did Obama's trip to Palm Beach cost taxpayers?
The GAO estimated in 2016 that a four-day trip by President Barack Obama to Chicago and Palm Beach in 2013 cost taxpayers about $3.6 million. Get The Brief.
How much did Trump's trip to Florida cost?
February 5, 2019 4:16 PM EST. (Bloomberg) — Four of President Donald Trump’s trips to his Florida home in 2017 cost taxpayers about $13.6 million, amounting to nearly $1 million a day, the U.S. government’s watchdog reported Tuesday.