It was a lucrative year for the president’s golf portfolio, which spans 14 clubs and remains a centerpiece of his business empire.Jul 01, 2026, 06:47pm EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.President Trump saw his golf portfolio bring in hundreds of millions in revenue during his first year back in office.Getty ImagesPresident Donald Trump’s recent ethics report showed that revenues across his golf properties hit over $392 million in 2025, up 12.5%, or nearly $44 million from the previous year. The biggest dollar driver was Trump National Doral Miami, which brought in more than $120 million in 2025. Forbes estimates that Doral, a sprawling resort with four 18-hole courses, is the second-most valuable property in Trump’s real estate portfolio, behind Mar-a-Lago, with an estimated net value of $255 million. The Miami resort generated roughly $11 million more revenue than it did the prior year, accounting for more than a quarter of the growth across Trump’s golf portfolio.The report itself only disclosed revenue from the properties, not operating expenses. Revenue for the three clubs on the British Isles was reported in foreign currency, which Forbes converted to USD using average exchange rates for the reporting period. Trump International Scotland–near Aberdeen–posted the biggest relative growth, with revenues increasing 55% in 2025 to over $6.7 million, teed up by the unveiling of a new 18-hole course in July. Trump attended the Aberdeenshire ribbon cutting the day after hosting U.K. Prime Minister Keir Starmer at his other Scottish club in Turnberry.Only one property, Trump National Golf Club Los Angeles, brought in less revenue in 2025 than it had the year before.