Published: Tue, June 12, 2018

Jared and Ivanka made at least R1 billion in the White House

Jared and Ivanka made at least R1 billion in the White House

President Donald Trump's daughter and son in law made at least 82 million dollars in outside income while serving as senior White House advisers past year thanks to investment deals from companies they had previously led, news reports said on Tuesday.

Jared Kushner, senior White House adviser, left, and Ivanka Trump, assistant to US President Donald Trump, get ready to board Marine One.

Ivanka Trump, the president's daughter and senior adviser, reported making more than US$12 million previous year from companies where she held a position, according to her financial disclosure form.

A spokesman for Kushner's and Ivanka Trump's ethics counsel issued a statement on the financial disclosures, saying the couple followed their ethical obligations, but the forms don't allow them to properly describe their net worth.


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 latest disclosure shows it was worth at least $25 million at the end of past year, up from a minimum value of $5 million in his previous disclosure.

Further, she earned several fixed payments a year from companies related to the Trump brand, totaling about $1.5 million. He reported more than $US5 million in capital gains from the sale of a shopping mall in the Bronx, New York. He also took in $5 million from an apartment complex in New Jersey run by the family business.

Kushner reported at least $US27 million and as much as $US135 million in outstanding liabilities. "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". Such moves do not mean that Kushner has yet accumulated that debt, but that he has the ability to do so. Several of those properties created at least $5 million in passive income previous year. But even as a passive investor, he retains many lucrative investments, which ethics critics have warned could raise conflicts of interest.

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