Saturday, 22 September, 2018

Jared And Ivanka Made $82 Million From Businesses While Serving In WH

Jared And Ivanka Made $82 Million From Businesses While Serving In WH Jared And Ivanka Made $82 Million From Businesses While Serving In WH
Gerardo Duncan | 13 June, 2018, 03:35

The couple's income originates from a wide variety of sources, including investments, trusts, dozens of real estate transactions, a book advance of almost $300,000 for Ivanka Trump, and stakes in businesses like the almost $4 million Ivanka Trump earned from her interest in the Trump International Hotel in Washington, D.C.

WASHINGTON-Senior White House adviser Jared Kushner saw the minimum value of his assets rise in the first year of President Donald Trump's administration, newly released financial disclosures show.

Kushner reported at least $27 million and as much as $135 million in outstanding liabilities. His previous disclosure filed in April 2017 had showed assets in at least the US$140 million range ($184.8m). Several of those properties created at least $5 million in passive income past year. The transactions occurred between March and September 2017.

"As to the current filing which OGE also reviews, their net worth remains largely the same, with changes reflecting more the way the form requires disclosure than any substantial difference in assets or liabilities".

Trump recently scored a batch of trademarks in China as her father continues trade talks with Beijing, garnering scrutiny from some ethics experts.

Trump and Kushner aren't the only White House staffers raking in the millions, however.

Jared And Ivanka Made $82 Million From Businesses While Serving In WH
Jared And Ivanka Made $82 Million From Businesses While Serving In WH

The Trumps and Kushner retained their ownership in their private businesses upon entering the White House, a decision that critics say has left them open to conflicts of interest and influence by foreign countries.

Also released Monday were the disclosures covering Chief of Staff John Kelly, White House counselor Kellyanne Conway, and Nick Ayers, chief of staff to Vice President Mike Pence, The Wall Street Journal reports. That did not include the amount paid to the agent who had arranged for Bolton's appearance.

Ivanka Trump also reported over $2 million from severance from the Trump Corp.in 2017.

"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.

Ivanka Trump reported a stake in the Trump International Hotel in Washington, D.C., valued between $5 million and $25 million.

Jared Kushner's filings reveal a sprawling real estate empire, with property in states including New York, New Jersey, Maryland, Illinois, Ohio and CT generating millions in rent. The Trump family has faced accusations of using the presidency for personal profit.

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