Donald Trump Raises Prices at Golf Resorts as Financial Health Deteriorates #NewsUnitedStates

Donald Trump has made over half a billion in income from his golf clubs and resorts across the world over the past 16 months, according to his recently released financial disclosure. These clubs include the Doral, Mar-a-Lago, and Bedminster in the U.S., and Turnberry in Scotland—which recently made headlines as the most expensive golf course in the world after the Trump Organization decided to raise prices.

While these are massive profits, the former president is facing over $100 million in liabilities from three civil lawsuits he lost in New York, the 265-page document revealed—a sum that makes his financial situation a little more fragile at a time when his media company is suffering frequent losses.

The document is the first look into the former president’s financial situation ahead of the November election.

Golf has been a central element of Trump’s public persona during his political career, and the former president appears to genuinely love the game as he’s often photographed on the course. But golf is so much more than just a passion for the Republican nominee—it’s a crucial part of his personal wealth.

According to his latest financial disclosure, released last week, the former president made a total of $513 million in income from his U.S. clubs and resorts. Trump’s biggest source of income in the 16 months since January 2023 was a Miami-based company that owns golf courses and a resort.

The Palm Beach resort of Mar-a-Lago, which features a 27-hole golf course, generated $56.9 million over the same period, while the Bedminster club in New Jersey made $37 million. The three holdings are described in the financial disclosure as valued at “over $50 million,” the highest amount that candidates can indicate.

Trump’s golf club in Jupiter, Florida, earned $31 million between January 2023 and July 2024, while his Scottish course, Turnberry, earned £26 million—the equivalent of $33.5 million. The Turnberry golf course recently made headlines after the Trump Organization announced it will raise fees for players starting next year.

While the green fee for a round on the Ailsa Course was £176 ($228) at any time, the Trump Organization is planning on raising the green fee for non-residents to £1,000 ($1,296) before 1 p.m. in 2025, and £545 ($706) after that time.

According to the Trump Organization, the price hike is meant to protect tee times for the hotel’s members and residents.

“We were finding that a lot of people were booking up tee times during the peak times of the year but only came to play golf and then left,” Turnberry’s general manager Nic Oldham told Bunkered.

“In many instances, people were choosing to play the Ailsa but stay somewhere else nearby. That meant our hotel guests were able to stay in the hotel but couldn’t get access to the course,” he added. “By blocking out these peak tee times, we are able to offer greater playing opportunities to our best customers.”

The price increase will make Turnberry the most expensive golf course in the world. For Trump, that could mean even bigger profits—though Oldham said he expects people to recognize the convenience of staying at the hotel. At the moment, the most expensive golf course in the world is Las Vegas’ Shadow Creek, which has a $1,250 fee.

Trump has also recently raised the membership oruce of Mar-a-Lago. Four spots became available to join the prestigious club this year for a price of $1 million each—43 percent more than the current fee of $700,000. In 2016, the membership fee was $100,000. Applications will open in October, for those interested and with deep pockets.

But while Trump’s golf clubs and resorts are proving greatly profitable, the former president’s media company, Trump Media, has been sinking his net worth as shares of Truth Social repeatedly took a plunge this year, costing him millions in losses.

On Monday, Trump Media stock fell 5 percent to below $25 per share—the lowest closing share price since April 16. The drop cost Trump $170 million.