President Donald J. Trump’s home at Mar-a-Lago in Palm Beach, Florida.
President Trump reportedly transferred the ownership of Mar-a-Lago to his son Don Jr. before his arrest.
This is a sensible business move by the 77-year-old US President during such a lawless period in US history.
President Trump was arrested and booked on Thursday in Fulton County Georgia for unapproved speech violations – something that is not a crime and never has been in American history.
As The Gateway Pundit noted earlier – The entire investigation into President Trump was based on a lie told by Brad Raffensperger’s office to the conspiracy site Washington Post.
Trump the businessman transferred ownership of his historic home to his son recently.
President Trump, the most popular sitting president in history based on his election performance, is the only US president to leave office worth less than when he entered office.
Newsweek reported:
Donald Trump has reportedly sold his signature Mar-a-Lago luxury residence in Florida, according to a Zillow listing which said the resort was purchased on August 4—weeks before the former president voluntarily turned himself in at Fulton County jail in Georgia, where he was booked on 13 felony counts.
But a later report by The Express mentions that the former president might have not really “sold” the property, but simply transferred its ownership to an organization owned by his son Donald Trump Jr.
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.
While the home is not listed by Zillow as “Mar-a-Lago,” the address corresponds to that of Trump’s Palm Beach residence, and so does its size, roughly. The listing also mentioned that the last time that the property was sold was on April 6, 1995—the exact same date when the former president turned the residence, which he purchased in 1985 for $2 million, into The Mar-a-Lago Club. At the time, Zillow said the property was acquired for $12,000,000.
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