"Donald Trump has reportedly sold his signature Mar-a-Lago luxury residence in Florida, according to a Zillow listing..."
"The listing, which is still available on Zillow’s website, shows that a 5,061-square-foot residence at 1100 S Ocean Boulevard in Palm Beach, Florida, was sold on Friday, August 4 for $422,000,000."
MAR-A-LAGO IS NOT 5,061 sq. ft.! What a joke!
"Trump acquired Mar-a-Lago in 1985 and used the 126-room, 62,500-square-foot mansion as a residence before 1994 when he converted it into the Mar-a-Lago Club, a members-only club with guest rooms, a spa and other hotel-style amenities.
"The house has 58 bedrooms, 33 bathrooms and sits on 17 acres..."
I would surmise he was wise enough to put any and all assets into a trust long ago. Proper estate planning is to protect the assets.
And, you don't have to be rich to do it!
The current version of that article contains a deboonk from Eric Trump.
Thanks u/Fringe--dweller 👈
Came back to share the same.
So? It's called estate planning and most logical people do it.
I would give this one 72 hours. A lot of folks say they can't verify this.
Most people are making similar comments about how wise it is to use trusts, which it is.
What blew my mind is that Trump bought Mara A Lago for $2 million in 1985 and it is now considered worth $422,000,000!
That's my man! What an investor.
2M in 1985 is 422M in 2023, adjusted for inflation. (I joke)
The man is 77 years old.
The article says that Newsweek reported this:
"Donald Trump has reportedly sold his signature Mar-a-Lago luxury residence in Florida, according to a Zillow listing..."
"The listing, which is still available on Zillow’s website, shows that a 5,061-square-foot residence at 1100 S Ocean Boulevard in Palm Beach, Florida, was sold on Friday, August 4 for $422,000,000."
MAR-A-LAGO IS NOT 5,061 sq. ft.! What a joke!
"Trump acquired Mar-a-Lago in 1985 and used the 126-room, 62,500-square-foot mansion as a residence before 1994 when he converted it into the Mar-a-Lago Club, a members-only club with guest rooms, a spa and other hotel-style amenities.
"The house has 58 bedrooms, 33 bathrooms and sits on 17 acres..."
Fake News Don J dispelled this himself on his podcast this am