Trump sees massive spike in Mar-a-Lago membership fees revenue since returning to office
The windfall from the president’s Florida home and club pales in comparison to his more than $1 billion crypto earnings

President Donald Trump’s luxury Florida clubs saw a major spike in earnings last year, according to federal financial disclosures, part of the historic windfall the Republican has earned since returning to office. Last year, Trump’s Mar-a-Lago club, which also serves as his primary residence, earned him nearly $77.5 million, more than 50 percent more than in 2024.
The estate, which is sometimes called the “Winter White House,” has emerged as a key venue for getting access to the president. Donors and Silicon Valley executives have flocked to Palm Beach to court the president there, and Trump has regularly visited the property and held high-dollar fundraisers at Mar-a-Lago since taking office.Fundraising events at the Florida club have hit $1 million-per-plate.
Shortly before Trump was reelected in 2024, Mar-a-Lago raised its initiation fee from $700,000 to $1 million. (The club hiked fees around the time of Trump’s first election, too.)open image in galleryPresident Trump has seen his income from Mar-a-Lago surge since returning to office (Getty Images)It was a similar story at the Miami-area Trump National Doral golf club, which helped Trump pull in $122 million in 2025, up from $110 million in 2024, according to a CNN analysis of the documents.
The roughly $200 million payday is nothing to shake a stick at, but the president earned substantially more from his newer crypto businesses, which helped Trump pull in more than $1 billion in 2025.Critics have accused the president — who has also seen his money managers prolifically trade stocks in administration-aligned companies over the last year — of cashing in on his position as president.The White House, meanwhile, stresses that the president’s assets are in a trust managed by his children, who have said independent financial institutions manage the president’s money outside of his or his family’s direct influence.
The Independent has contacted the Trump administration and Trump Organization for comment.open image in galleryThe president earned more than $1 billion from crypto last year, according to his financial disclosures (AP)Major funds have also flown in the president’s direction through some of his construction projects.Corporate donors with business before the administration have poured millions of dollars into Trump’s White House ballroom project, and the president is facing scrutiny for a reported $50 million donation to his presidential library from Japanese conglomerate and AI investor SoftBank.
Join our commenting forumJoin thought-provoking conversations, follow other Independent readers and see their repliesComments
Đọc thêm từ Thế giới
Toll company overcharged 90,000 drivers for CityLink, West Gate Tunnel trips
Tens of thousands of Victorians will be refunded for an error made by tolling brand Linkt, which is owned by Transurban.

Korea's foreign reserves rise in June despite FX market-stabilizing measures
Korea's foreign reserves rose in June despite efforts by authorities to manage exchange rate volatility, the central bank said Friday. The country's foreign reserves stood at $427.36 billion as of end-June, up $370 million from a month earlier, according to data from the Bank of

Seoul stocks open 1.2% higher on bargain hunting
Seoul stocks opened higher Friday as investors snapped up bargain-priced semiconductor shares following the previous session's sharp sell-off, despite overnight weakness in U.S. technology stocks. After opening 1.2 percent higher, the benchmark Korea Composite Stocks Price Index

Navy names new submarine 'Seo Hui'; new frigate dubbed 'Pyeongtaek'
SEOUL, July 3 (Yonhap) -- The Navy has named a new submarine after a historical ...