The real estate world is in disbelief after far leftist judge Arthur Engoron estimated the value of Donald Trump’s Mar-a-Lago estate in Palm Beach, Florida, at just $18 million while ruling the former president had overvalued his business empire. The intentional devaluation, intended to harm Trump and his private business interests, comes despite a nearby patch of trees selling for $150 million.
“If Mar-a-Lago is worth $18 million… I’ll take 10 please!!!” remarked Trump’s eldest son Don Jr. Eric Trump, an executive vice president at the Trump Organization, added that “real estate circles in Florida are laughing at this foolishness.”
Forbes has previously cited real estate brokers as estimating the estate’s value at over $200 million, with brokers based on Palm Beach turning in even higher estimates of up to $725 million.
Even Tesla and X owner Elon Musk seemed nonplussed by the judge’s valuation, calling it “bizarre”.
The trial against Trump will continue in October, with New York AG Letitia James using her position to attempt to fine Trump $250 million explicitly to harm his election campaign, and indeed ban him from doing business in New York.
Hunter Biden’s paintings are worth $500k and a 20-acre property in Palm Beach is worth $18 Million.
36 Hunter paintings can buy Mar-A-Lago 🤡
Are you paying attention yet? pic.twitter.com/OaGliEiNiB
— Chaya Raichik (@ChayaRaichik10) September 27, 2023