Manhattan Supreme Court Justice Arthur Engoron recently made a ruling on the valuation of Donald Trump's Mar-a-Lago estate in Palm Beach, Florida. It was determined that its worth is only $18 million, a figure that has been strongly contested by experts in the real estate industry.

This verdict comes after a lawsuit brought by New York Attorney General Letitia James, accusing Trump and his business empire of fraudulent activities. While the judge relied on a Palm Beach County assessor's appraisal, many argue that the true value of Mar-a-Lago is significantly higher, with estimations surpassing $1 billion.

Former President Trump voiced his discontent with the ruling on his social media platform, Truth Social, stating the need for justice in the country. According to him, the judge's assessment undervalues the property, which he believes is the most extraordinary piece of real estate in Palm Beach and possibly all of Florida.

Trump contends that not only is Mar-a-Lago worth much more than $18 million, but his overall net worth likewise exceeds what is conservatively stated in his financial statements. He asserts that the disclaimer clause present in those statements clarifies that they should not be considered as factual evidence.

In response to the court decision and another perceived attack on the Trump family, Eric Trump, the former president's son, expressed his frustration on social media. He emphasized the significance of Mar-a-Lago, highlighting its speculated value of over a billion dollars.

Manhattan Supreme Court Justice Arthur Engoron recently made a ruling on the valuation of Donald Trump's Mar-a-Lago estate in Palm Beach, Florida. It was determined that its worth is only $18 million, a figure that has been strongly contested by experts in the real estate industry.
This verdict comes after a lawsuit brought by New York Attorney General Letitia James, accusing Trump and his business empire of fraudulent activities. While the judge relied on a Palm Beach County assessor's appraisal, many argue that the true value of Mar-a-Lago is significantly higher, with estimations surpassing $1 billion.
Former President Trump voiced his discontent with the ruling on his social media platform, Truth Social, stating the need for justice in the country. According to him, the judge's assessment undervalues the property, which he believes is the most extraordinary piece of real estate in Palm Beach and possibly all of Florida.
Trump contends that not only is Mar-a-Lago worth much more than $18 million, but his overall net worth likewise exceeds what is conservatively stated in his financial statements. He asserts that the disclaimer clause present in those statements clarifies that they should not be considered as factual evidence.
In response to the court decision and another perceived attack on the Trump family, Eric Trump, the former president's son, expressed his frustration on social media. He emphasized the significance of Mar-a-Lago, highlighting its speculated value of over a billion dollars.

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