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Stock impact report

Mar-a-Lago Resort's complete history, from its days as cereal heiress' winter home to Donald Trump's winter White House [Business Insider]

Trump Media & Technology Group Corp. (DJT) 
Since Trump bought Mar-a-Lago in 1985, it has been central to financial and legal controversies. Here's the lowdown on the estate's history, value, and future in the MAGA orbit. Mar-a-Lago, President-elect Donald Trump's Palm Beach resort, sits at the center of MAGA political life, serving as the home to lucrative fundraisers, political meetings, and even FBI raids. The sprawling estate, however, long predates Trump's rise and stretches all the way back to early 20th century America. From its days as a cereal heiress' home to its current iteration as de-facto political headquarters, the property has generated intrigue and controversy, particularly among the nation's elite. Mar-a-Lago history In 1924, Marjorie Merriweather Post , the heiress to her father's cereal fortune and the country's richest woman at the time, bought a property in Palm Beach, Florida. Three years of construction later, she opened Mar-a-Lago, which translates to "sea to lake." The 20-acre club, nestled Show less Read more
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