From Bloomberg News reporter Alastair Reed

Donald Trump’s golf resort at Aberdeen in Scotland posted a 13th consecutive year of losses in 2024 as it spent more money on marketing and to develop a second course at the site.

Trump International Golf Club Scotland, which operates the US president’s golf and leisure assets near Aberdeen, narrowed its full-year loss to £937,693 from £1.43 million a year earlier, according to its latest financial statements.

Trump bought the property at Menie north of Aberdeen in 2006 and it’s made a loss every year since it opened in 2012. Revenue climbed to £4.48 million last year from £3.75 million, helped by “increases in tournament and marketing expenditure.”

by bloomberg

7 comments

  1. Good. Should never have been built on the dunes. But no going back now.

  2. Everything these alleged billionaires do is a form of money laundering. I can’t see how this is any different.

  3. He makes enough pumping and dumping the markets with a tweet to cover it.

  4. I loudly judge anyone I see wearing merch from that shithole

  5. It runs at a loss to avoid taxes.

    The course is a flex and the handshakes he can generate with it are worth much more.

  6. He’s washing Russian money.

    Can we just investigate it and size the asset already.

    Oh and do the world a favour and put him in court to defend himself.

  7. I guess that means there’s no need to pay tax then.

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