The Daily Beast reports:
Those hoping to join Donald Trump’s exclusive Mar-a-Lago club in Florida will soon have to shell out $1 million to cover an initiation fee—a sharp increase from years past.
The latest price hike will go into effect in October, just a month before the 2024 presidential election. The new fee is a roughly 40 percent increase from its current price of $700,000, which itself was a significant jump from the $200,000 new members were charged in 2017.
The latest price change was revealed by the club’s manager, Bernd Lembcke, who he claimed the price hike was merely an issue of supply and demand.
Read the full article.
“We are not desperate,” Mar-a-Lago’s manager said while discussing the decision to raise the club membership fee to $1 million. https://t.co/oBy8nv61G8
— Miami New Times (@miaminewtimes) July 23, 2024