Tags: Donald Trump | Money | turnberry | golf | business loss | tax returns | 2017

Trump's Turnberry Golf Resort in Scotland Lost $4.4M in '17

A Trump helicopter landed at the Trump Turnberry golf resort in Scotland
Turnberry golf resort in Scotland (Jane Barlow/AP)

By    |   Thursday, 04 October 2018 08:08 PM

The Turnberry golf resort owned by the Trump Organization lost more than $4 million in 2017, a significant decrease in losses from the previous year.

The Washington Post cited a Trump Organization report made public this week that outlined Turnberry's profit and losses in 2017. The numbers show Turnberry lost $4.4 million, far less than the $23 million loss the previous year.

The Trump Organization purchased Turnberry in 2014 for more than $60 million and then invested around $200 million in the resort.

The course has a storied history in golf and first opened in 1906. The British Open Championship has been played there four times.

Trump stopped at Turnberry over the summer before his summit with Russian President Vladimir Putin in Helsinki.

© 2019 Newsmax. All rights reserved.

Click Here to comment on this article
   
1Like our page
2Share
Share
Newsfront
In a significant decrease from the $23 million loss from the previous year, the Turnberry golf resort owned by the Trump Organization lost more than $4 million in 2017.
turnberry, golf, business loss, tax returns, 2017
123
2018-08-04
Thursday, 04 October 2018 08:08 PM
Newsmax Media, Inc.
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved