Trump’s Mar-a-Lago club set to raise initiation fee to $1 million
The former president bought Mar-a-Lago in 1985, converting it to private club nine years later
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.Donald Trump’s Mar-a-Lago private club in Palm Beach is set to raise its initiation fee from $700,000 to a staggering $1 million.
The former president and Republican nominee in 2024 made the revelation in an extensive interview with Bloomberg Businessweek a few days before the fateful debate with President Joe Biden.
When Mar-a-lago’s long-serving managing director came by during the course of the interview, Trump said “with pride” that the club was upping its fee by $300,000 in October and opening four slots for new members.
The increased fee could be an indication of the rising value of being near Trump as he looks poised to possibly return to the White House.
Trump bought Florida’s Mar-a-Lago in 1985, converting it into a private club nine years later. It has been his primary residence since 2019 when he officially left New York and became a Florida resident. During his time as president, he hosted world leaders at the club such as the late Japanese Prime Minister Shinzo Abe and Chinese President Xi Jinping. On July 11, Trump hosted Hungarian Prime Minister Viktor Orban at the club.
Biden’s debate performance shocked many as he appeared confused and frail. Trump has taken the lead in multiple polls following the debate – in FiveThirtyEight’s polling average, he leads Biden by 2 percentage points as of Wednesday.
“The debate certainly had a big impact,” he told Bloomberg on July 9, just four days before the assassination attempt at a rally.
Trump was struck by a bullet in his right ear before he was quickly covered by Secret Service agents. Two people, including the gunman, were killed in the shooting and two people were critically injured.
“A lot of the states are just starting now to come out, and it shows a very big swing,” Trump told Bloomberg after the debate.
The former president was asked if his opponent should step aside as the Democratic nominee.
“That’s a decision he has to make,” he said. “But I do think our country is in great danger whether he stays in or drops out.”
Subscribe to Independent Premium to bookmark this article
Want to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments