Ivanka Trump & Jared Kushner Earned Between $36M To $157M In 2019 Income While Working At White House
President Donald Trump’s daughter Ivanka Trump and her husband, Jared Kushner, reported between $36,151,214 – $157,020,085 in income on their personal financial disclosures for 2019.
The bulk of the couple’s wealth comes from their real estate investments. Included in Ivanka Trump’s earnings was $3.9 million in hotel-related revenue from the Trump Hotel in Washington D.C. in 2019.
According to Citizens for Responsibility and Ethics in Washington, that figure is slightly lower than the 2018 disclosure, indicating that perhaps the hotel was not as profitable as some in the Trump family had made it out to be.
In 2019, the couple additionally reported a new liability valued between $5 to $25 million. According to CREW, who posted copies of the disclosures, it is “held jointly with members of a commercial real estate company that Jared and Ivanka are invested in called Times Square Associates, LLC.” In 2019, the pair reported income from the LLC totaling between $2,000,002 – $10,000,000.
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The final revelation that CREW found in the disclosures is that Kushner had not yet divested his $25-50 million investment from Cadre. Reports of him planning to sell his stake circulated in spring 2020, and Kushner was widely criticized for promoting an “opportunity zone” tax break policy for new real estate ventures that was directly linked to his stake in Cadre increasing by nearly 500%.
The Office of Government Ethics has withdrawn the certificate of divestiture at Kushner’s behest.
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