Everyone has a different reaction to the name, Donald Trump. However, whether you’re a fan or not is beside the point. Mr. Trump has proven, time and time again, that between his stern demeanor and his savvy business mind, he’s always playing a winning hand.
Although we know he is a real estate mogul, and not too long ago joined the ranks of Warren Buffet in launching his luxury real estate firm, Trump International Realty, what do we know about his personal properties? It’s almost hard to keep up as he buys and sells personal estates nearly every year.
If you’ve ever watched Celebrity Apprentice or The Apprentice than you have seen him in action, or at least reality television action. If you have not, then see for yourself why he is known as a real estate tycoon. Here are a few Trump anecdotes that may or may not surprise you.
In 2008, Trump sold one of his Palm Beach estates to Russian fertilizer billionaire, Dmitry Rybolovlev, for $95 million. The 60,000 sq. ft. residence is situated on 475 feet of ocean, and includes a 48-car garage, yet the Russian mogul has plans for leveling the entire property. We’re sure that Trump’s 130 percent earnings on the property speaks louder than any sentiments on its destiny and that is exactly what makes him a real estate genius.
Last fall, he lost the bid on Gianni Versace’s former South Beach mansion, Casa Casuarina – a 1930’s-era Mediterranean-style estate. After opening the bid for $25 million, Jordache Enterprises won the listing for $41.5 million and is in the process of turning it into a hotel.
He seems to prefer the east to the west, as we noticed the only residential property in California has been sold in 2011. The 11,000 sq. ft. mansion is located in the exclusive area of Palos Verdes and included five bedrooms, nine bathrooms, four-car garage, game room, wine cellar and private saloon, which might have been Trump’s “man-cave”.
Just recently, the Trump Organization announced it is in the process of purchasing an Irish golf resort located on the west coast of Ireland in Country Clare. The failing property was known for never having made a profit, which is enough to pique the interest of Trump for two reasons:
1) The art of the deal. He knows he can buy low and sell high
2) He loves showing the world his ability to make lemonade out of lemons.
We’ve heard the 400-acre golf resort will be renamed from Doonbeg Golf Club to Trump International Golf Links.
It’s likely Mr. Trump and family will have a place to live near the club so they can spend time in Ireland while the club is being refurbished. However, one can never really anticipate the moves he will make. Even though he has more places his family can call home than imaginable, this list of Trump’s homes will give a pretty good indication of just how well the Trumpster is living, everywhere. He is a celebrity on many fronts so it’s difficult not to admire his tenacity, generosity and leadership skills.
5. Trump Tower, New York City
Well, we all know just from watching Celebrity Apprentice, that Mr. Trump spends a good deal of time at Trump Tower, the 68-story skyscraper that overlooks Central Park. Come to find out, his penthouse apartment is where he spends a good deal of his personal time. Evidently, his private quarters include a gold and diamond covered door, an indoor fountain, a hand-painted ceiling and an incredible chandelier. The fact that it is a 5 star, luxury hotel that overlooks Central Park speaks volumes. Of course, it’s convenient, his work is nearby and he has a full staff who dotes on his every need, when they can keep up with his fast paced lifestyle.
4. Mar-a-lago Estate, Palm Beach, Florida
The Mar-a-lago Estate has been well-publicized and after living there for ten years, Mr. Trump has turned this property into a club. He purchased this 17-acre property for a mere $10 million in 1985 and it’s clear he is getting his money’s worth. When we think of his family living here, it boggles the mind, as it includes 58 bedrooms, 33 bathrooms, 12 fireplaces and 3 bomb shelters. It was originally built and owned by cereal heiress, Marjorie Merriweather Post of Post cereal fame. As you can see by the photo, the 17-acres is pretty much being taken up by the estate, pool and guest house, so this home-turned-club is a fantastic destination for the elite few who can afford it.
3. Seven Springs, Bedford, New York
This Bedford, New York home was purchased by Trump in 1995 for $7.5 million. His original intent was to turn it into a golf course, however, the locals protested about the possibility of the chemicals from golf carts, and other waste-producing vehicles, to run into the local lake. So he, Melania and their son, Barron, have it available for their private use, when they are not in one of his many other locations. Although, if you’re a Trump follower it won’t surprise you that he didn’t stop. His vision changed to parceling this 213 acres into nine lots instead of the golf course and finally, he has gotten approval to do just that. This Bedford estate was previously owned by Washington Post publishers, Eugene and Agnes Meyer.
2. Albemarle House, Charlottesville, Virginia
At first, Donald Trump only purchased Ms. Kluge’s vineyards and winery for $62 million. Then a few months later, he decided to spend an extra $6.2 million to purchase her 23,000 sq. ft. mansion. Although it may not seem like a bargain deal, the winery was originally valued at $70 million but the recession saved him a cool $8 million that year. The home sports 45 rooms and includes a complete movie theater, horse stable, 3,500 bottle wine cellar, a 2,000 sq. ft. sitting room, spacious green house and, of course, a guest cottage.
News reports stated that former owner, Patricia Kluge, blew threw her fortune and ran the winery into the ground, so after he bought it, he fired her. In 2013, Kluge’s son, John Jr. has decided to fight Trump to get back the property, saying it was purchased fraudulently. All we know for sure is that the estate had gone into foreclosure when Trump scooped it up from the Bank of America.
1. Le Chateau des Palmiers, Plum Bay Beach, St. Maarten
Mr. Trump keeps on going with this particular property purchased in October 2013 on the French side of St. Marten/St. Maarten. This is much smaller than his other estates, in fact, a billionaire might refer to it as “cozy”. Mr. Trump has been quoted as describing this property as “one of the greatest mansions in the world.” To us, this nine bedroom home is more than ample and includes tennis courts, a fitness center that is air-conditioned and a putting green for those days when riding the golf cart around and playing a full-18 is just too much.
Since he rents it out by the week when not using it, his rental price includes a personal chef, butler and daily laundry service. Mais, oui! Le Chateau des Palmiers was purchased with the desire for all of his guests to experience the utmost in luxury, relaxation and pampering. We don’t know the price for a weekly rental, but we’re guessing it’s got to help pay off the $19.7 million price tag.
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