Trump’s Mar-a-Lago Club Worth Billions, Defense Expert Says

Valuations Vary Widely

Latest Forbes Evaluation Puts Value at 350 Million

Donald Trump's Mar-a-Lago Club was worth more than 12 billion, according to a defense expert. However, Forbes' latest evaluation of the property in March puts its value at 350 million. Meanwhile, Trump claims Mar-a-Lago is worth 18 billion, while his own company previously valued it at over 17 billion.

The Palm Beach County assessor had appraised Mar-a-Lago's market value to be between 18 million and 276. The county gives Mar-a-Lago its current value for taxation of 37 million based on its annual net operating income as a club, not on its resale.

The wide range in valuations highlights the difficulty of valuing complex properties. The defense expert's valuation is based on the club's historical significance and its potential for future development. Forbes' valuation is based on comparable sales of similar properties. Trump's valuation is likely based on his belief that the club is worth more than the sum of its parts.

The true value of Mar-a-Lago is likely somewhere in between these valuations. However, the Trump Organization's previous valuation of over 17 billion is likely too high.