Monday, 10 December, 2018

Ivanka Trump Made $3.9 Million From Father's Hotel in 2017

Jared Kushner Ivanka Trump made at least $82 million last year while serving in the White House Jared Kushner Ivanka Trump made at least $82 million last year while serving in the White House
Kenny Thornton | 12 June, 2018, 18:30

Financial disclosure forms released late Monday show that White House special adviser - and US President Donald Trump's son-in-law - Jared Kushner's wealth and debt both appear to have risen over the year, an indication of the complex state of his finances and the potential conflicts that confront some of his investments.

Senior White House Advisers Jared Kushner and Ivanka Trump attend a reception held at the Israeli Ministry of Foreign Affairs in Jerusalem.

While both Kushner and Ivanka Trump were required to file financial forms a year ago, it is hard to compare their past to present wealth because there are several months of overlap in the reporting period and the Office of Government Ethics uses broad ranges to calculate assets and liabilities.

The news sources didn't list all the sources of income for the power couple, but just cited a few examples from financial disclosure forms obtained by the newspaper.

While Kushner has dropped some of his stake in his family's real estate business, he still receives income from trusts invested in Kushner real estate ventures. 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.

The new filings reflect a change in the structure of Ivanka Trump's payments from limited liability companies affiliated with the Trump Organization. That trust generated over $5 million in revenue past year.

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Ms Trump reportedly earned $3.9m from a stake in Trump International Hotel and more than $5m from her personal brand.

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.

As for her husband, Kushner has earned over $5 million in income from an apartment complex he acquired previous year.

Kushner reported at least $US27 million and as much as $US135 million in outstanding liabilities.

The couple's disclosures include a number of debts; because each line of credit is only described as a broad spread, their total unpaid debt ranges between $27 million and $135 million.

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