Trump made tens of millions from his Miami and Palm Beach properties. Here's how

Shirsho Dasgupta, Miami Herald on Jul 7, 2026

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MIAMI — President Donald Trump’s income from his South Florida holdings have soared since he returned to the White House, a Miami Herald review of his latest financial disclosure shows.

The four properties — Mar-a-Lago resort, the Trump National Hotel in Doral and his golf clubs in Jupiter and West Palm Beach — brought him roughly $265 million last year. That figure is a little more than a tenth of the president’s total income of more than $2 billion in 2025, the first year of his second term.

Trump has visited Mar-a-Lago and his hotel in Doral several times in the past year, hosting lavish parties attended by industry titans and foreign dignitaries. The Republican Party and political groups have also booked numerous events there, highlighting the confluence of wealth and power as Trump reshapes the GOP.

Trump’s hotel in Doral brought him $121 million and his golf club in Jupiter, $31 million.

The biggest jump in earnings from his South Florida properties was at Mar-a-Lago, which Trump has declared as his own private residence and whose membership initiation fee Trump had raised to $1 million shortly before he was reelected.

Trump’s earnings from the Palm Beach resort ranged from roughly $21 million to $25 million in his first term as president. That figure tripled to more than $75 million last year.

The Trump National Golf Course in West Palm Beach also saw a similar rate of increase from roughly $12 million a year in the four years Trump was in office from 2017 to 2021 to nearly $37 million last year.

Republican political committees and candidates had spent an average of $500,000 a year for events at Mar-a-Lago and Trump Doral in the president’s first term. That number has jumped since Trump won reelection in 2024 and tightened his grip over the party.

GOP-aligned politicians and groups spent more than $1.1 million in 2025 and $990,000 so far in 2026 at the two South Florida properties, a Herald analysis of political expenses found. These figures are only those that are required to be reported to the Federal Election Commission. The real number is likely higher.

Trump’s real estate holdings had led Democrats to investigate him for improperly financially benefiting from his office. This year, however, the focus is on his investments in cryptocurrency and other related ventures that have powered an increase of his income by nearly four times since 2024.

Sen. Elizabeth Warren, a Democrat from Massachusetts and a frequent critic of Trump’s policies, called for legislation last week that would prevent political officials and their families from profiting off crypto ventures.

Trump has denied any wrongdoing or conflicts of interest.

“You know why I’m profiting? Because the stock market’s going up. Everybody’s profiting,” Trump told reporters last week. “I never speak to any of the people that run the money.”

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