Trump's Florida Resorts Rake in Record Profits as Wealth Gap Widens
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Federal disclosures reveal Trump pocketed $77.5 million from Mar-a-Lago and $122 million from Trump National Doral in 2025, while crypto and licensing deals funneled over $1.4 billion into his personal fortune.
Federal ethics filings released Tuesday expose how President Donald Trump’s two flagship Florida resorts reaped unprecedented profits in 2025, further enriching the billionaire president while ordinary Americans struggle. Mar-a-Lago alone generated about $77.5 million—over 50 percent more than the previous year and nearly triple the 2020 figure—while Trump National Doral reported $122 million in income, up from $44 million in 2020.
This windfall follows Trump’s decision to hike membership initiation fees at Mar-a-Lago to a staggering $1 million in 2024, effectively turning the club into an exclusive playground for the ultra-wealthy and political insiders. Other Trump-branded clubs also raised usage fees, further limiting access to the privileged few. The properties have become hotspots for Republican fundraising and corporate gatherings, with federal candidates and committees funneling money into Trump’s pockets since his return to office.
"People are going to Mar-a-Lago because they want proximity to the president," said Robert Weissman, co-president of the consumer-rights group Public Citizen, highlighting the blatant pay-to-play culture surrounding Trump’s presidency.
"Neither the President nor his family has ever engaged — or will ever engage — in conflicts of interest," White House spokeswoman Anna Kelly claimed, despite mounting evidence to the contrary.
Beyond resort profits, Trump’s disclosed income includes more than $1.4 billion from speculative cryptocurrency ventures like the $TRUMP memecoin and World Liberty Financial, as well as nearly $60 million from licensing deals that allow foreign developers to exploit the Trump brand. These deals raise serious concerns about foreign influence and profiteering.
Trump attributed his soaring wealth to a rising stock market, telling reporters, "You know why I’m profiting? Because the stock market’s going up. Everybody’s profiting," while insisting he does not discuss financial matters with his business managers. Yet, the disclosures underscore the deepening entanglement between Trump’s private business empire and his political power, as his resorts host high-dollar fundraising dinners, foreign dignitaries, and events for companies seeking federal contracts—further blurring the line between public service and personal enrichment.
