Donald Trump Has Lost More Than $315 Million On His Golf Courses, Report Finds

A recent report has found that Donald Trump has lost millions over the past 20 years on his golf courses.

(Image credit: Getty Images)

A recent report has found that Donald Trump has lost millions over the past 20 years on his golf courses.

Donald Trump Has Lost More Than $315 Million On His Golf Courses, Report Finds

A recent report has found that President of the United States Donald Trump has lost more than $315 million on his golf courses over the past 20 years.

After an in-depth investigation into his tax returns conducted by The New York Times, the American newspaper reported that from the 15 golf courses owned by the Trump Organisation in the United States, Scotland and Ireland, he has lost a total of $315.6 million.

Trump Turnberry Resort Ailsa Course Pictures

Just some of the courses he owns are Trump Turnberry (opens in new tab), Trump International Golf Links in Aberdeen, Scotland as well as a Trump International Resort in Doonbeg, Ireland. There is another in Dubai too.

He also has a smattering of Trump National properties around the United States in New York, New Jersey, Florida and Los Angeles.

Another one of his courses is Trump National, Doral and the report has found he has made huge losses here.

It is Trump's largest golf resort, and it has an $125 million mortgage due in three years. Trump bought Doral for $150 million in 2012 and, over the next six years, lost $162.3 million on the property, according to Trump's tax documents obtained by The Times.

Indeed last year it was at Doral that Trump floated holding the 2020 Group of 7 Summit. He quickly backtracked after members of his own Republican party pushed back on the move, citing possible legal concerns around using his office for profit.

Trump posts video of golf swing

Donald Trump opens The Trump International Golf Links Course in Balmedie by hitting the first ball down the first fairway on July 10, 2012 in Balmedie, Scotland. (Photo by Ian MacNicol/Getty Images)

Additionally, at the three European golf courses mentioned above, losses are reported to be around $63.6 million.

Related: How many golf courses does Donald Trump own?

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Sam Tremlett
Senior Staff Writer

A golfer for most of his life, Sam is a Senior Staff Writer for Golf Monthly. 

Working with golf gear and equipment over the last five years, Sam has quickly built outstanding knowledge and expertise on golf products ranging from drivers, to balls, to shoes. 

He also loves to test golf apparel especially if it a piece that can be used just about anywhere!

As a result he has always been the one family and friends come to for buying advice and tips.

He is a graduate of Swansea University where he studied History and American Studies, and he has been a part of the Golf Monthly team since December 2017. He also previously worked for World Soccer and Rugby World magazines.

Sam now spends most of his time testing and looking after golf gear content for the website. He also oversees all Tour player content as well. 

Unfortunately, Sam is not a member of any club at the moment but regularly gets out on the golf course to keep up the facade of having a handicap of five.