20. Mar a Lago has had only two private owners in its over nine decades of existence

Marjorie Merriweather Post and Edward F. Hutton were the first owners of Mar a Lago, and Marjorie retained ownership of the property following their divorce. She held it through her subsequent marriages, and to all accounts never considered selling the property to another private owner. She envisioned all of her properties as valuable in support of education and government service. Unable to give them away in life, she established her foundation to do so after her death. Their opulence and extent prevented them from being maintained with the funds available, and her dreams for her properties, especially Mar a Lago, went unrealized. When the federal government returned Mar a Lago to the Post Foundation in 1981 the latter faced the obvious. It simply could not afford to maintain both the Palm Beach estate and Hillwood Estate.
Mar a Lago entered the real estate market, offered for sale to a private owner. The Post Foundation removed many collectibles and art, sending them to Hillwood Estate or to institutions, museums, and libraries across America. Much of furniture remained in place, and the Foundation spent millions of dollars to maintain the property pending a sale. At least ten potential buyers examined the property by mid-summer, 1981, though all balked at the asking price, which reached as high as $20 million that year. In 1985 the property sold for much less, to its current, infamous owner, who has kept it ever since.
Where do we find this stuff? Here are our sources:
“C. W. Post”. Jan Reid, Texas Monthly. March, 1987. Online
“The Ironic History of Mar a Lago”. Michael Luongo, Smithsonian Magazine. November, 2017
“Marjorie Merriweather Post: A Biography. Kenneth Lisenbee, Paul Bowles.org. Online
“Cereal Heiress’ Life is Rich Stuff”. Lois Spratley, Daily Press. March 26, 1995
“American Empress: The Life and Times of Marjorie Meriweather Post”. Nancy Rubin. 1995
“Mission to Moscow”. Joseph E. Davies. 1941
“Maestro of Mar a Lago”. Stefan Kanfer, City Journal. November 24, 2017. Online
“Marjorie Merriweather Post: American Philanthropist”. Article, PeoplePill. Online
“Hillwood Estate”. Entry, Hillwood Estate, Museum and Gardens. Online
“Marjorie Merriweather Post: The Life Behind the Luxury”. Estella M. Chung. 2019
“Heiress: The Rich Life of Marjorie Merriweather Post”. William Wright. 1978
“Post Home For Sale For $20 Million”. Kerry Gruson, The New York Times. July 16, 1981



