Trump says Mar-a-Lago is worth $1.8 billion. Not long ago, his own company thought that was $1.5 billion too high.
CBSN
After a New York judge ruled on Tuesday that Donald Trump and his company had for years used fraudulent methods to value his properties, Trump zeroed in on the ruling's section about his home: Mar-a-Lago.
"This highly partisan Democrat 'Judge' (All the Clubs, etc.) just ruled that Mar-a-Lago was WORTH just 18 Million Dollars when, in fact, it may be worth 100 times that amount," Trump wrote. In fact, the judge had cited Palm Beach County Property Appraiser valuations putting the property at between $18 million and $28 million, depending on the year, from 2011 to 2021.
Trump might think Mar-a-Lago is worth $1.8 billion, but in 2020, his own company said the Palm Beach appraiser was right. That year, the county valued Mar-a-Lago at $27 million.
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