ASSET-rich Donald Trump boasts a portfolio heaving with at LEAST eight homes and a whopping 19 golf courses.
The president’s entire portfolio – which stretches from the US to Scotland – has been valued at an eye-watering $2.5billion.
How many homes does Donald Trump have?
The precise number of homes that Donald Trump owns is difficult to pinpoint.
But, according to a 2020 Business Insider article, the US President’s real estate portfolio boasts at least eight homes.
The Associated Press reports that he has “plenty of assets he could cash in, starting with a portfolio that includes office and condo towers, golf courses and branding deals that have been valued at $2.5billion (£2billion).”
His many properties have been attracting headlines during the US presidential election, as there were claims that he was facing a devastating debt load.
Trump reportedly must pay back more than $300million in loans over the next four years.
But experts have rejected that claim, saying the notion of Trump going broke anytime soon is far-fetched.
Even with a total debt load across his entire business empire estimated at more than $1billion, they note he still has plenty of assets he could cash in if needed.
Based on Forbes magazine estimates of the value of his buildings, for example, selling his partial interests in just two properties – an office complex in San Francisco and a Las Vegas tower that houses a hotel and condos – could bring in $500million alone.
And even if he doesn’t sell, that kind of valuation backing up the loans could make them easier for him to refinance.
Trump is adamant: “I have very little debt compared to the value of assets.”
Where are Donald Trump’s homes?
Trump has two houses in Sterling, Virginia, near the Trump National Golf Club in Washington DC.
Business Insider says they “come in handy” when he’s playing golf in the area.
His third property is the famous Mar-a-Lago, at Palm Beach in Florida.
One of his favourite homes, Trump hailed it on Twitter, saying: “Writing my inaugural address at the Winter White House, Mar-a-Lago.”
The 128-room mansion was built by cereal heiress Marjorie Merriweather Post in 1927.
He has called it “the great estate of Palm Beach”, and stays there as often as possible.
Trump has even conducted official business there, hosting China’s President Xi Jinping for a two-day summit in 2017.
As of 2018, Mar-a-Lago’s approximately 500 members paid $14,000 annual dues for access to the 17-acre (6.9-hectare) estate, with new members paying a $200,000 initiation fee that doubled after Trump’s 2016 election.
Members pay extra to dine and stay on the property.
His other homes are located at:
- Trump Tower Penthouse, Fifth Avenue, New York City – overlooking Central Park, this iconic building boasts 24K gold and marble. It doubles as headquarters for The Trump Organization.
- Seven Springs, Bedford, New York – a 39,000 sq ft mansion with 60 rooms, bowling alley, 12 baths and marble indoor pool.
- Ablemarle Estate at Trump Winery, Charlottesville, Virginia – Trump paid the “bargain-basement price of $8.5million on a deal that could ultimately be worth $170 million,” according to MSN.
- Trump National Golf Club, Bedminster Township, New Jersey – Trump has hosted weekend meetings here with his personal lawyer Rudy Giuliani and Mitt Romney.
- Le Château des Palmiers, St. Martin, West Indies – a beachfront property which has a fitness centre, tennis court and an outdoor bar.
How many golf courses does Trump own?
At last count, as of October 2020, Donald Trump owned 19 golf courses.
Most of these are located in the US, with several in Europe, and one in the Middle East, according to the Trump Organization.
Three are currently under construction, including two in Indonesia.
Where are Trump’s golf courses?
Trump Golf was founded in 1999 with the mission “to create the world’s best luxury golf experience”, according to his website.
It shows that he has 19 golf courses located in:
- Aberdeen, Scotland – Scottish Natural Heritage slammed Trump for “destroyed” the sand dune system, causing permanent habitat loss.
- Doonberg, Ireland – situated on 400 acres of coastline along Ireland’s west coast.
- Trump National Doral, Miami, Florida – near the Everglades National Park
- Trump Golf Links, Ferry Point, New York – 18-hole, Jack Nicklaus signature design, links-style golf course at the foot of the Whitestone Bridge in the Bronx
- Trump National Golf Club, LA, California – the facility boasts an opulent ballroom for up to 300 guests.
- Trump Turnberry, Ayrshire, Scotland – located two hours from Edinburgh.
- Dubai, UAE – Trump International Golf Club has a “state-of-the-art golf performance academy with a floodlit 9-hole, par 3 academy course”.
- Bedminster, New Jersey – in 2017, this club hosted the US Women’s Open and in 2022 will hold the PGA Championship.
- Charlotte, North Carolina – designed by Australian golf professional George Norman.
- Colts Neck, Jew Jersey – located near beaches.
- Hudson Valley in New York – with views of Stormville Mountains.
- Jupiter, Florida – special design features, such as deep pot bunkers and the one-of-a-kind island green.
- West Palm Beach, Florida – the first golf property the Trump Organization bought and opened in 1999.
- Pine Hill, New Jersey – a “360-acre jewel”, according to the website.
- Washington D.C. – with two 18-hole courses on 800 acres.
- Westchester in New York – features a 101-ft waterfall and stone bridges.
- Dubai, UAE – to be constructed, this Dubai course will be designed by the iconic golfing star Tiger Woods.
- Lido City in Indonesia – the first Trump Golf property in Asia.
- Bali, Indonesia – currently being built, Trump International Resort & Golf Club Bali will be a “world-class, six-star resort and destination beach club”, says the Trump Organization.
OIL BE DAMNED
Biden says he never called for fracking ban & wants US ‘transition’ from oil
Live REACTION after Trump and Biden tear into each other in final debate
SPELLING IT OUT
Thousands of Witches plotting to cast ‘spell’ on Donald Trump on Halloween
Joe Biden sarcastically calls Trump ‘Abraham Lincoln’ during debate race row
Ariana Grande trades places with Donald Trump as she drops new video
Credit: Source link