Monday, 17 December, 2018

Ivanka Trump and Jared Kushner earned a stunning amount previous year

Senior White House Advisers Jared Kushner and Ivanka Trump attend a reception held at the Israeli Ministry of Foreign Affairs in Jerusalem. Reuters Senior White House Advisers Jared Kushner and Ivanka Trump attend a reception held at the Israeli Ministry of Foreign Affairs in Jerusalem. Reuters
Patty Aguilar | 12 June, 2018, 18:27

Kushner, the president's son-in-law and a top White House aide, pulled in at least US$69 million in income past year, much of it from his own family's far-flung real estate empire, financial disclosure forms filed Monday show.

"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 in a statement. And he reported a new loan from Bank of America for between $5 million and $25 million that is payable by 2022 related to the Quail Ridge property.

The Post estimated Kushner's assets at $179 million to $735 million past year, compared to between $55.3 million and $75.6 million for Trump, noting that the Office of Government Ethics uses broad ranges for assets and liabilities. Both Trump and Kushner have held positions in more than 200 companies and organizations. Trump will now receive guaranteed fixed yearly payments instead of payments determined by profits from T International Realty LLC, TTT Consulting LLC, and TTTT Venture LLC - which are LLCs tied to some of the Trump Organization's international developments.

Kushner disclosed that he had failed to report several stakes in limited liability companies - including Vegas Seven, which is a Las Vegas online news publication, and the Veggie Grill, a restaurant in Manhattan Beach, California.

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The White House released the financial disclosures for Ivanka Trump and Jared Kushner Monday as President Trump and North Korean leader Kim Jong Un met in a highly anticipated summit in Singapore.

According to the disclosures, National security adviser John Bolton pulled in $2.2 million past year from organizations including Fox News, the conservative think tank American Enterprise Institute, and the Gatestone Institute, an anti-Muslim think tank of which he previously served as chairman. His line credit at IDB Bank increased from a max of $5 million to $25 million. The disclosures also showed that Ivanka Trump owns an interest in that purchase through a family trust.

The earnings have raised ethics concerns about conflicts of interest.

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