Ivanka Trump and Jared Kushner brought in at least $82 million in outside income while serving as senior White House advisers during 2017, according to financial disclosure forms released Monday.
Trump earned $3.9 million from her stake in the Trump International Hotel in Washington and more than $2 million in severance from the Trump Organization, while Kushner reported over $5 million in income from Quail Ridge, a Kushner Cos. apartment complex acquired last year in Plainsboro, N.J., the Washington Post reported Monday.
In February Politico estimated that Jared and Ivanka Kushner's combined total debts has soared in the past year from a range of $19-98 million to a range of $31-155 million.
The couple has given up daily oversight of their companies as they work as unpaid senior advisers to the president. But while Kushner divested some holdings, he and his wife have maintained large stakes in businesses with domestic and foreign ties. Kushner’s family real estate company has properties around the country, including thousands of apartment units in states including New Jersey and Maryland. Trump’s eponymous clothing and accessories line is produced in foreign factories in countries such as Bangladesh, Indonesia and China.
Last year, Kushner’s assets were worth between $179 million and $735 million, while Trump’s assets were valued between about $55.3 million and $75.6 million, according to a Washington Post estimate of their filings. Some of their assets were jointly listed.
In an email statement, Peter Mirijanian — a spokesman for Abbe Lowell, Kushner’s and Trump’s ethics counsel — said that the couple followed all ethics rules and that Monday’s disclosures are an insufficient way to understand the nuances of their net worth.
“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,” Mirijanian said. “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.”
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