The President's Wealth
Mar-a-Lago
Real Estate
Mar-a-Lago
● Palm Beach, Florida
A 128-room Mediterranean-style estate on 17 oceanfront acres in Palm Beach. Originally built in 1927 for cereal heiress Marjorie Merriweather Post, Trump acquired it for around $10 million and converted the historic property into an exclusive private club. Annual membership initiation fees have risen to around $1 million. The estate serves as his primary legal residence and unofficial political base of operations outside Washington.