Trump's Mar-a-Lago Estate Valued at Over $350 Million in Lawsuit
Manhattan Judge Issues Ruling
Property's Worth Disputed
A Manhattan judge has issued a ruling that values former President Donald Trump's Mar-a-Lago estate at over $350 million. The lawsuit, filed by the New York Attorney General's office, alleges that Trump fraudulently inflated the value of the property for tax purposes.
The lawsuit claims that Mar-a-Lago was valued as high as $739 million, a claim that has been disputed by Trump. However, the judge ruled that the state's valuation was "reasonable and supported by the evidence."
The ruling is a significant blow to Trump, who has repeatedly claimed that Mar-a-Lago is worth well over a billion dollars. The judge's valuation could lead to significant tax penalties for Trump.
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