Is Trump profiting from the US presidency? Mar-a-Lago raked in $77 million as politics met profit | Today’s news

U.S. President Donald Trump’s personal wealth surged more than any other president when he returned to office for a second term last year, the Office of Government Ethics’ annual report released Tuesday showed.

With his net worth now estimated to be between $6 billion and $7.6 billion, CNN reported that Trump has significantly increased income from his Florida properties — and the big winner last year was his Mar-a-Lago club.

Trump’s net worth is on the rise

According to Forbes, Trump’s net worth nearly tripled from $2.4 billion to $6 billion during his first year in office. Its crypto gains are a key part of this valuation.

Meanwhile, the Bloomberg Billionaires Index estimates Trump’s net worth at around $7.6 billion.

The “big winner” is the Mar-a-Lago Club

The US president reportedly took in nearly $77.5 million from Mar-a-Lago — more than 50 percent from what he earned the previous year and three times what he earned from the resort in 2020 — as heads of state and businessmen flocked to what Trump called his Winter White House.

During his first term, Trump said he received about $20 million to $25 million a year in steady income from Mar-a-Lago revenue. That jumps to about $50 million in 2024 and $77.5 million in 2025, according to CNN.

In Doral, Trump earned around $75 million a year from 2017 to 2019, with that number dropping to $44 million in 2020 due to the coronavirus pandemic. The club has bounced back, and Trump said he has made $110 million from Doral in 2024 and about $122 million in 2025.

Trump has reportedly visited the properties, Mar-a-Lago and Trump National Doral, more than two dozen times since the start of last year, hosting multimillion-dollar-a-plate fundraising dinners, entertaining foreign dignitaries and welcoming GOP galas, while industry leaders and political groups scramble to book their own events there as well.

Trump also boosted the money coming from Mar-a-Lago by raising the membership initiation fee to $1 million shortly before his re-election, according to CNN.

Trump’s golf club in Bedminster, New Jersey, is also doing well from the presidential spotlight. Trump took in $38 million from his so-called Summer White House, a nearly 20% increase, the AP reported.

In total, his 16 golf courses and clubs around the world have brought in more than $470 million in fees and licensing income.

Crypto holdings are overshadowing the real estate business

The disclosure also shows the resorts are overshadowed in the president’s portfolio by more than $1.4 billion in revenue from his lucrative new cryptocurrency ventures, including memecoin $TRUMP and World Liberty Financial, which was co-founded by Trump’s sons, CNN reported.

According to other reports, President Trump accepted roughly $1.2 billion in various cryptocurrencies last year, eclipsing the real estate business that brought him fame and helped propel him to the highest office in the land.

Overall, Trump reported almost three times more cryptocurrency income last year than he earned from his empire of golf clubs, hotels and resorts.

The mandatory annual report, which runs to more than 900 pages, showed that Trump struck several other new veins of wealth last year.

He took tens of millions from new equity holdings in foreign countries to please the man who has power over where to deploy the US military and how much to charge in tariffs.

And it has prompted tens of millions more to sue media companies that fear they could lose broadcast licenses or not get deals approved by his regulators.

Being a businessman, Trump even made big money from the smallest of things, attracting millions by slapping his name on Bibles, guitars and watches — the latter alone fetching $4.7 million.

Is Trump profiting from his office? “Confluence of politics and profit”

The annual report raised questions about whether he was profiting from his high office. The White House has denied profiting from the presidency, according to the BBC. Trump, meanwhile, said “everyone” is benefiting from rising stock markets and he doesn’t meddle in his personal finances.

The White House has repeatedly said Trump acted only in the public interest, never interfered with the family business run by his two eldest sons, and has no conflicts of interest.

Some ethics experts have described the confluence of politics and profit as an obvious opportunity for special interests to get a direct line to Trump.

“People go to Mar-a-Lago because they want to be close to the president,” Robert Weissman, co-chairman of consumer advocacy group Public Citizen, told CNN.

“Whispering in the president’s ear comes at a terrible price — more than what they pay to get in the door,” Weissman added.

Anna Kelly, a White House spokeswoman, reportedly claimed in a statement that “neither the president nor his family have ever engaged — and will never engage — in a conflict of interest.

She added that “all actions taken by President Trump and his administration are in the best interest of the American people.”

Before taking office again, Trump pledged not to get involved in the management of his namesake company and placed his assets in a trust managed by his children, as was the case during his first term.