President Donald Trump’s personal business and presidential politics have intersected, with his two premier Florida resorts, Mar-a-Lago and Trump National Doral, delivering record-breaking surges in revenue. Trump has visited the properties more than two dozen times since the beginning of last year, hosting million-dollar-per-plate fundraising dinners and feting foreign dignitaries.

Revenue Soars at Mar-a-Lago

Trump has supercharged the money coming from Mar-a-Lago by raising the membership initiation fee to $1 million shortly before his reelection. The lavish resort is conducive to impromptu conversations with the president, who often dines on the patio at night. Some ethics experts described the confluence of politics and profit as a blatant opportunity for special interests to get a direct line to Trump.

Trump’s personal wealth has ballooned in office, with the annual disclosure released by the Office of Government Ethics showing he significantly grew the income he received from his Florida properties, taking in nearly $77.5 million from Mar-a-Lago – more than 50% over what it earned him the previous year, and triple what he earned from the resort in 2020.

Trump’s Crypto Ventures

The disclosure also shows that the resorts are being eclipsed in the president’s portfolio by more than $1.4 billion in income from his lucrative new cryptocurrency ventures, including the $TRUMP memecoin and World Liberty Financial, a company co-founded by Trump’s sons. Trump reported almost three times as much in crypto income last year as he made from his empire of golf clubs, hotels, and resorts.

Original reporting: KRDO (Colorado Springs metro) — read the source article.