When Post died, she willed the estate to the US government.
But they returned it to her foundation. The maintenance costs were too high.
For years, the property sat empty. No one wanted to take on the financial burden.
Until Trump came along… pic.twitter.com/drhk12MwzA
— Tim Carden (@timjcarden) November 24, 2024
He nabbed the 126-room mansion for just $7M. But he soon realized why others stayed away.
The property was hemorrhaging money… pic.twitter.com/8BtpfTAOpw
— Tim Carden (@timjcarden) November 24, 2024
Trump created artificial scarcity.
He capped membership at 500 people with an initiation fee of $25,000.
The wealthy elite of Palm Beach were practically begging to join.
By 2014? pic.twitter.com/Noe8b0if5X
— Tim Carden (@timjcarden) November 24, 2024
Pure genius, Art of The Deal
I feel so small. LOL