Mar-a-Lago membership fee doubles to $200000

Mar-a-Lago is a 20-acre resort which includes a beach club, pools, restaurant, tennis courts and a ballroom event space.

Second, CNBC just reported that the Trump-owned Mar-a-Lago country club will be doubling its initiation fee from $100,000 per year to $200,000 a year.

CNBC notes that there's no way to know if the price increase is due to rising demand for memberships, but there's no doubt the club has enjoyed a higher profile as of late.

Sources say the change went into effect January 1 and was in the works for a long time, but it doesn't look good.




As part of Trump's pledge to separate his business from his presidency, his son Donald Jr., has been named the official director of the club, according to a Florida business filing on Monday. The membership fee was cut from $200,000 to $100,000 in 2012.

Trump Organization executives did not respond to requests for comment on Wednesday.

The new price jump was slammed by ethics watchdogs, who have criticized Trump's lack of separation between his private finances and public power.

Trump has called the resort his "Winter White House", making some believe the price hike could be seen as giving wealthy club members a way to buy an audience with the president. The resort had been considering an increase for some time, said those people, who declined to provide their names because they were not authorized to speak on behalf of the company.

(Copyright © 2015. All Rights Reserved.)
 
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