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giftedviz.com August 19, 2018


New disclosure shows growing Kushner wealth, debt

13 June 2018, 03:29 | Darnell Patrick

Modal Trigger AFP Getty Images

Ivanka Trump Jared Kushner made at least $82M while working in White House

Ivanka Trump and Jared Kushner made at least $82 million past year while serving as unpaid senior advisers to the president, according to financial disclosure forms released Monday.

Ivanka Trump reported Dollars 3.9 million from her stake in the Trump International Hotel in Washington, as well as more than USD 2 million in severance pay from the Trump Organization, the Washington Post said, citing financial disclosure forms released today.

Per the Washington Post, ethics experts are concerned that the extraordinary outside cash flow could create intense conflicts of interest.

Ivanka Trump earned at least $82 million in income in 2017, according to the documents.

Disclosures issued late Monday by the White House for Kushner and his wife, Trump's daughter Ivanka, showed that Kushner held assets totalling at least US$181 million ($239m).

Trump reportedly donated the proceeds from the book to the Ivanka M. Trump Charitable Fund. According to the news organization, the exact figure is hard to calculate as the Office of Government Ethics uses "broad ranges for assets and liabilities".

In addition to her family-related businesses, Trump earned $289,300 as an advance from Penguin Random House for her book, "Women Who Work". Kushner got a $5 million chunk from a Kushner Companies apartment complex.

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Kushner pulled in at least $70 million from his shares in his family's real-estate companies, including $5 million from Quail Ridge, a New Jersey apartment building that Kushner Cos. acquired previous year.

The White House released financial disclosure forms for other officials, including National Security Adviser John Bolton, who reported $2.2 million in income in the year and three months before he joined the administration. Other sources have estimated that Ivanka Trump's net worth is roughly $300 million, and Jared Kushner's net worth could be $800 million.

The disclosure lists are challenging to follow.

General view of the Trump International Hotel Washington, D.C.at the Old Post Office on October 30, 2016 in Washington D.C., Washington D.C.

Kushner Cos. has reported more than $2 billion in transactions in the past two years, including developments in Times Square and Jersey City A Washington Post analysis of his holdings last year showed that Kushner had retained roughly 90 percent of his real estate holdings.

"Since joining the administration, Mr. Kushner and Ms. Trump have complied with the rules and restrictions as set out by the Office of Government Ethics", Peter Mirijanian, spokesperson for Abbe Lowell, Jared Kushner's attorney and the couple's ethics counsel told ABC News in a statement.



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