Ivanka Trump, Jared Kushner made $82 million in 2017


Ivanka Trump, Jared Kushner made $82 million in 2017

Kushner declared income from dozens of companies linked to his family's real estate company.

Kushner's income, for instance, included more than US$6 million from Quail Ridge, a Plainsboro, New Jersey, apartment complex the Kushner company, now run by his relatives, acquired previous year.

Ivanka Trump reported United States dollars 3.9 million from her stake in the Trump International Hotel in Washington, as well as more than USD 2 million in severance pay from the Trump Organization, the Washington Post said, citing financial disclosure forms released today. The money Trump receives from limited liability companies associated with the Trump Organization has been restructured into annual fixed payments of $1.5 million, "a change made in consultation with Office of Government Ethics officials to reduce her "interest in the performance of the business" according to the Post.

Senior White House Advisers Jared Kushner and Ivanka Trump attend a reception held at the Israeli Ministry of Foreign Affairs in Jerusalem. That income included US$3.9 million from the Trump International Hotel located in Washington and $US2 million in salary and severance from the Trump Organisation.

In addition to her family-related businesses, Trump earned $289,300 as an advance from Penguin Random House for her book, "Women Who Work". Several of those properties created at least $5 million in passive income a year ago.

"As stated on numerous occasions, Mr Kushner and Ms Trump removed themselves from their companies' operations and investment decisions when they entered government service", he said.

A spokesman for the couple said Monday that the couple's disclosure portrayed both assets and debts that have not changed much over the past year and stressed that Kushner and Ivanka Trump have both complied with all federal ethics rules.

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.

In a wide-ranging interview in late May with the Real Deal, a New York City real estate publication, Kushner's father derided ethics watchdogs as "jerks" who "can't get a real job" and suggested that the criticism may discourage rich and successful people from taking government positions.



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