Donald Trump Bought a Mansion for $5 Million In Palm Beach With 128-rooms and Turned it into a Club

Donald Trump Bought a Mansion for $5 Million In Palm Beach With 128-rooms and Turned it into a Club

  • Former president of the United States of America, Donald Trump, was a billionaire long before he became president
  • He bought a $5 million mansion in Palm Beach, Florida, in 1985 and turned it into a nightclub after 10 years
  • The property was built in 1927 and sits on 20 acres of land. It also comes with 128 rooms and has gold-plated sinks

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Donald Trump is known for not holding back. In 1985, he bought a 128-room property for $5 million, which will be almost $14 million today. The house is called Mar-a-Lago and was built in 1927 by America's then richest woman, Marjorie Merriweather Post, who donated the house to the American government in 1973 as a "Winter Whitehouse."

Donald Trump's mansion in Palm Beach
Donald Trump's mansion in Palm Beach. Photo credit: Town & Country. Source: UGC
Source: UGC

The mansion, which had been designated a National Historic Landmark, was given back to the Post Foundation in 1981 because of its high yearly maintenance cost of $1 million. The mansion sits on 20 acres of land and is situated by the Atlantic ocean on one side.

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The bedroom of the property
The bedroom of the property. Photo credit: Homes & Gardens. Source: UGC
Source: UGC

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City Journal reports that, during a trip through Palm Beach, a taxi driver is claimed to have first told Trump about the property, and Trump immediately decided he had to have it.

The Post Foundation rejected Donald Trump's first bid of $28 million for the property. He persevered nevertheless, and the market fell. Trump ultimately acquired the property in 1985 for the comparatively low sum of $5 million.

The architecture in the house
The architecture in the house. Photo credit: Homes and Gardens. Source: UGC
Source: UGC

The mansion comprised 58 bedrooms, 33 bathrooms, 12 fireplaces, and five tennis courts.

Ten years after acquiring the home, the former US president transformed the place into a private, memebers-only club whose monthly dues are estimated to be approximately $200,000. He also invested $100,000 on four sinks with gold plating.

Donald Trump converts the property into an exclusive member-only club
Donald Trump converts the property into an exclusive members-only club. Photo credit: Town & Country. Source: UGC
Source: UGC

Breathtaking Stadiums in Qatar Where Ghana and Other Countries Around the World will be Playing The World Cup

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In an earlier article, YEN.com.gh wrote about the stadiums in Qatar that will be hosting the World Cup this year. The 2022 World Cup, in which Ghana will compete, will be held in Qatar, which offers stunning venues.

The stadiums are spread out over the nation and can hold the large crowds who swarm inside to cheer on their teams.

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Source: YEN.com.gh

Authors:
Richmond Setrana avatar

Richmond Setrana Richmond Setrana is a real estate editor for YEN.com.gh with 5 years of writing experience. He graduated from KNUST in 2016 with a bachelor’s degree in Sociology and is currently enrolled in a MA—Mass Communications program with Liverpool John Moores University. He has written for reputable platforms like meqasa.com, Noanyi, Edanra and Yourcommonwealth.org. He can be reached via: richmond.setrana@yen.com.gh