Former President Donald Trump’s Clare resort in Ireland has recently been valued at over $200 million, despite his statement that he “couldn’t care less” about the property. The resort, which boasts luxury amenities and a championship golf course, has become a highly valued asset in Trump’s real estate portfolio. Despite Trump’s assertion that he has no love for the property, the resort continues to attract attention from potential buyers and investors alike. This article will delve into the history of the Clare resort, its current valuation and potential for future growth, and Trump’s complicated relationship with the property.
US presidential candidate Donald Trump has valued his Doonbeg golf resort in Clare, Ireland, at between $25m and $50m in a new financial disclosure report. Doonbeg had an operating profit of €509,892 in 2021, following an operating loss of €1.98m the previous year. Although the resort’s revenue rose by €3.4m to €7.17m last year, this total was still lower than previous years due to the impact of the Covid-19 pandemic. Trump, who became president in 2017, resigned as director of TIGL, the company that owns Doonbeg, upon his election and has claimed that he “couldn’t care less” about the resort.
In conclusion, the news of Donald Trump’s multimillion-dollar valuation of the Clare resort has left many bewildered, especially considering his disinterest in the property. Despite his assertions that he couldn’t care less about the resort, his numerous investments in the property speak otherwise. Whether or not Trump’s involvement in the Clare resort will benefit its future development remains to be seen. However, one thing is clear: his financial ties to the property will undoubtedly continue to raise eyebrows and spark controversy. As always, the world watches with bated breath to see what the future holds for the controversial former president and his business dealings.
