In a recent statement, Eric Trump clarified the allegations surrounding President Donald Trump’s Mar-a-Lago estate. Claims that the former President had transferred or sold his renowned Palm Beach mansion had been widely circulated, but these claims have since been thoroughly discredited.
Eric Trump went up to clarify Mar-a-Lago’s ownership status.
“This is FAKE NEWS, and Zillow has removed their listing.” “In no way has Mar-a-Lago been sold or transferred,” Eric Trump told The Gateway Pundit.
Prior to his arrest, President Trump allegedly transferred ownership of Mar-a-Lago to his son Don Jr., according to the far-left Newsweek.
Newsweek reported:
Donald Trump has reportedly sold his signature Mar-a-Lago luxury residence in Florida, according to a Zillow listing which said the resort was purchased on August 4—weeks before the former president voluntarily turned himself in at Fulton County jail in Georgia, where he was booked on 13 felony counts.
But a later report by The Express mentions that the former president might have not really “sold” the property, but simply transferred its ownership to an organization owned by his son Donald Trump Jr.
The listing, which is still available on Zillow’s website, shows that a 5,061-square-foot residence at 1100 S Ocean Boulevard in Palm Beach, Florida, was sold on Friday, August 4 for $422,000,000.
While the home is not listed by Zillow as “Mar-a-Lago,” the address corresponds to that of Trump’s Palm Beach residence, and so does its size, roughly. The listing also mentioned that the last time that the property was sold was on April 6, 1995—the exact same date when the former president turned the residence, which he purchased in 1985 for $2 million, into The Mar-a-Lago Club. At the time, Zillow said the property was acquired for $12,000,000.
According to Eric Trump, this is not the case.
On Thursday, President Trump was arrested and detained in Fulton County, Georgia, for unapproved speech violations, which is not a felony and has never been in American history.
President Trump, the most popular sitting president in history based on election success, is the only US president to leave office with a lower net worth than when he took office.