President Donald Trump reported earning $7.5 million more in income from ‘Mar-a-Lago’, his exclusive private club in West Palm Beach this year than he reported in 2016, according to newly filed personal financial disclosures.
Trump, who spent several weekends at Mar-a-Lago and refers to it as the “Winter White House.” reported on Friday earning $37.2 million in income related to the club compared to the $29.7 million he previously reported. The information was released on Friday is as of April 15.
Trump’s benefits from presidency
Mar-a-Lago doubled its initiation fee for members to $200,000 after Trump was elected. Other properties, such as his golf clubs in New Jersey and Virginia, profits increased since becoming president.
The president also substantially increased his earnings from his book Art Of The Deal. He reported an income of between $100,000 and $1 million, significantly more that last year’s $50,000 to $100,000 range. Trump also earned $19.7 million in income from his newly opened Trump International Hotel, which is located a few blocks away from the White House in Washington.
In a statement, the White House said: “President Trump welcomed the opportunity to voluntarily file his personal financial disclosure form; while this filing is voluntary, it has been certified by the Office of Government Ethics pursuant to its normal procedures.”