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Trump Reveals $513 Million From Golf Clubs and Resorts

Last Updated: September, 12 2024
Trump Reveals $513 Million From Golf Clubs and Resorts

Read more: Mocking New Billboards Troll Trump To His Face Right Outside His Favorite Golf Courses

 

In some less-than-shocking news, Donald Trump's latest financial filings exposed what we all kinda knew - the man sure knows how to make a pretty penny off his golf empire.

 

According to the documents, Trump raked in a whopping $513 million from his various US resorts and clubs over the past year and a half. His Doral resort in Miami took top honors, generating an eye-popping $161 mil during that span. Not far behind was Mar-a-Lago, Trump's famous Palm Beach oasis, at $57 million. The Bedminster club where he hosted countless weekends as prez also chipped in $37 million.

 

Quite a tidy haul from the links, even for a real estate mogul of Trump's scale. Though some figures are broad estimates, it's clear his golf-centric properties remain a cash cow. Who wouldn't want to stay at a ritzy resort bearing Trump's golden brand?

 

Trump Reveals $513 Million from Golf Clubs and Resorts – BNN Bloomberg

A "Trump 2024" golf bag at Trump National Golf Club in Bedminster, New Jersey, on Aug. 15/ Bloomberg

 

Of course it wouldn't be a Trump filing without some liabilities mixed in. Legal troubles also surfaced in tens of millions of dollars worth of debts. But one thing's for sure - even in the rough, Trump proves he can keep raking in birdies from his prized pieces of real estate. 

 

Buried in Trump's latest disclosure dump was some juicy deets about his stakes in hot new industries. Namely, his significant holdings in Truth Social parent company Trump Media & Technology Group as well as crypto ventures.

 

The docs revealed Prez Trump owns a whopping 64.9% of TMTG  Trump Media & Technology Group stock, valued at over $2.7 billion. Not a bad chunk of change! Though his shares are currently on "lock up" till September, that expiration date is fast approaching. Will he cash in big or keep his ball in play with the MAGA platform?

 

We also learned Trump's CIC Digital raked in a tidy $7.2 million through NFT licensing deals last year. His crypto wallet reportedly held over $1 million in Ethereum too. No surprises there - the man does love courting controversial counterculture types like crypto bros.

 

With the industry's hostility towards Biden and Trump's populist charm, some Silicon Valley VCs have even backed 45 for prez in 2024. Could a crypto crash change their bets? Or will Trump parlay this into another business par 3? 

 

While his real estate holdings bring in the big bucks, our favorite non-golfing president also rakes in royalties from the written word.

 

Trump's latest disclosure revealed he pulled down a cool $5.3 million last year through book sales. That includes a healthy $300,000 deal for endorsing some bible. Not a bad side hustle for someone better known for their backswing than scripture.

 

Of course, nothing is ever simple with Donald Trump. He had to amend those initial filings to provide more juice on his income sources. And he faces over $50 million in liabilities, including from New York's ongoing civil fraud case against him.

 

Always pressing his luck, Trump did secure a hefty $175.3 million bond to delay repaying a $454 million judgment in that case. Risky play, but we all know the man loves a high-stakes game of chance.

 

In more juicy deets unearthed from Trump's financial paperwork - it seems the man's legal woes show no signs of letting up. He's facing yet another eight-figure debt, this time over $50 million to writer E. Jean Carroll stemming from her defamation win.

 

As if those mounting legal fees weren't bad enough, Trump is ponying up big bucks in bonds while appealing all these rulings. No doubt the lawyers are cleaning up - just not sure how much is left for Trump!

 

Though his business empire continues generating plenty of dough that could self-finance his 2024 bid, Trump has instead leaned hard on his unmatched fundraising prowess. He may be a legit white whale for opposing attorneys. But in the political money race? Still an undisputed ace.

 

Records show Trump's raised nearly $635 million so far for his third presidential rodeo. Not too shabby against Biden and Harris' billion dollar war chests. And get this - over $67 million from one PAC alone has gone to legal costs since January. You gotta spend money to borrow money, I guess!

 

Where it all ends is still up in the air. But one thing is guaranteed - Trump definitely writes the most entertaining fundraising saga in politics. Gonna be one wild back nine, folks. Stay tuned!

 


 

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Michael is an avid golfer himself, having played competitively in college. After graduating, he pursued a career in golf course management and travel writing. He has played and reviewed hundreds of golf courses globally, and is considered an expert on golf course architecture, playing conditions, and the best golf destinations for travelers. His articles provide golfers with valuable insights to plan their next golf vacation.

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