Trump Moves Mar-a-Lago Ownership in Jail-Time Precaution
Recent reports reveal that former President Trump has executed a calculated business maneuver by transferring the ownership of Mar-a-Lago to
Recent reports reveal that former President Trump has executed a calculated business maneuver by transferring the ownership of Mar-a-Lago to his son, Don Jr., just before his arrest. This strategic decision has been perceived as a shrewd move by the 77-year-old former U.S. President, especially considering the tumultuous and uncertain period in the nation’s history.
President Trump’s arrest, which occurred on Thursday in Fulton County, Georgia, raised eyebrows due to the nature of the charges – unapproved speech violations, a concept unprecedented in American history. As previously highlighted by The Gateway Pundit, the investigation against Trump was instigated by a falsehood propagated by Brad Raffensperger’s office and later amplified by The Washington Post.
Amid these developments, President Trump’s decision to transfer ownership of his iconic residence to his son, Don Jr., has garnered attention. This move reflects his identity as a businessman and serves as an additional layer of complexity to his current legal situation.
Remarkably, despite being one of the most electorally successful sitting presidents in history, Trump is unique in leaving office with a diminished net worth compared to his entry into the presidency.
According to a report from Newsweek, a Zillow listing indicated that Mar-a-Lago had been sold on August 4, prior to Trump’s voluntary surrender at the Fulton County jail. However, subsequent information from The Express suggests that the former president might not have “sold” the property in the traditional sense but rather transferred its ownership to an entity owned by his son, Donald Trump Jr.
The Zillow listing details the sale of a 5,061-square-foot residence located at 1100 S Ocean Boulevard in Palm Beach, Florida, for a staggering $422,000,000. While the listing does not explicitly refer to the property as “Mar-a-Lago,” the address corresponds to Trump’s Palm Beach residence, and the dimensions align closely. The listing also notes that the property’s previous sale date, April 6, 1995, coincides with the day when the former president transformed the property – which he had purchased in 1985 for $2 million – into The Mar-a-Lago Club. Zillow also records the property’s acquisition cost at $12,000,000 at that time.