How Trump Turned His Golf Empire Into A Billion-Dollar Tax Shelter
Forbes senior editor Dan Alexander reports that Donald Trump donated development rights at his Jupiter, Florida golf club to an environmental nonprofit after its staff surveyed the grounds for a 180-page habitat report, a maneuver Forbes says follows decades of claimed charitable deductions on courses he never gave away. Forbes calculates Trump's 2025 crypto earnings at $1.4 billion, his real-estate earnings at over $200 million more, and his projected tax bill at over $500 million.
