Ivanka Trump, Jared Kushner made $82 mn past year

Pauline Gross
June 13, 2018

Jared Kushner and Ivanka Trump brought in $82 million in outside income while serving as unpaid senior White House advisers past year, according to a Monday Washington Post report. Ivanka Trump received almost $4 million from her stake in the Trump International Hotel in Washington, D.C., $2 million from the Trump Organization and $5 million from the trust that oversees her clothing brand.

Senior adviser and daughter Ivanka Trump (L), and senior adviser and son-in-law Jared Kushner (R) attend a summit at the East Room of the White House May 18, 2018 in Washington, DC.

Mr. Kushner held between $174 million and $710 million in assets at the end of 2017, up from the minimum of between $137 million and $609 million he reported on his financial disclosure in March 2017.

Quickly becoming one of the most popular get-together spot for Republicans and Trump supporters across the world, the luxury hotel on the historic Old Post Office site, which opened September 2016, has brought in almost $4 million for the president's daughter in 2017, up from the $2.4 million reported in the 2016 statement.

It's hard to determine the couple's precise income previous year because federal officials report their assets, income and liability in broad ranges only.

Kushner declared income from dozens of companies linked to his family's real estate company. Her book Women Who Work netted her a $289,300 advance from Penguin Random House.

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The figure was outed in financial disclosure forms released Monday.

In 2017, Trump's assets were estimated to be valued between $55.3 million and $75.6 million and Kushner's between $179 million and $735 million, reported the Washington Post. Other income came from capital gains, Ms. Trump's businesses, the Trump Hotel in Washington D.C. and from the Trump Corporation salary and severance.

Kushner's income, for instance, included more than US$6 million from Quail Ridge, a Plainsboro, New Jersey, apartment complex the Kushner company, now run by his relatives, acquired past year. In all, he took in at least United States dollars 70 million, the Post said.

Despite public scrutiny of their finances amid questions of conflicts of interest, a spokesman for the couple's lawyer said Trump and Kushner have followed the rules.

"T$3 heir net worth remains largely the same, with changes reflecting more the way the form requires disclosure than any substantial difference in assets or liabilities", said Peter Mirijanian, a spokesperson for Abbe Lowell, the ethics counsel for Kushner and Ivanka Trump. The Trump family has faced accusations of using the presidency for personal profit.

Other reports by GizPress

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