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Politics Ivanka Trump and Jared Kushner earned at least $36 million in outside income in 2019

15:08  01 august  2020
15:08  01 august  2020 Source:   businessinsider.com

Ivanka and Kushner earned at least $36M in outside income last year: financial disclosures

  Ivanka and Kushner earned at least $36M in outside income last year: financial disclosures Financial disclosures released Friday for Ivanka Trump and Jared Kushner show the top White House advisers earned at least $36.2 million in outside income during 2019. The combined income for the couple was, according to The Washington Post, at least $7 million higher than their outside income in 2018. The revenue comes from outside businesses such as real estate and Trump Organization hotels. The disclosures suggest Trump and Kushner could have earned as much as $157 million, according to the Post.

Jared and Ivanka earned more than $ 36 MILLION in 2019 - with 'up to million coming from companies that benefited from policies The Daily Beast claims Kushner Companies shelled out at least million on property in the area after the program was passed by the Trump Administration.

Jared Kushner listens as Ivanka Trump speaks during a cabinet meeting at the White House on 18 July Her income from the brand has declined by millions since 2018, when she reported earning In 2019 , she earned between 0,001 (£76,422) and m in rent or royalties, according to the new

Jared Kushner, Ivanka Trump are posing for a picture: Jared Kushner and Ivanka Trump. Joshua Roberts/Reuters © Joshua Roberts/Reuters Jared Kushner and Ivanka Trump. Joshua Roberts/Reuters
  • Ivanka Trump and Jared Kushner received at least $36 million in outside income in 2019, according to financial disclosure forms.
  • The couple continue to receive a substantial income from a range of businesses, investments, and other assets.
  • Both Trump and Kushner are senior White House advisers, and their outside earnings have raised conflict of interest issues.
  • Visit Business Insider's homepage for more stories.

Ivanka Trump and her husband, Jared Kushner, earned at least $36 million in income outside their White House roles in 2019, according to financial disclosure forms released on Friday.

Trump and Jared Kushner's personal banker is under review by Deutsche Bank over her purchase of a $1.5 million Manhattan apartment from a Kushner-owned company

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Ms. Trump earned just under million from the Trump International Hotel in Washington, which has become a magnet for visiting executives and foreign officials The couple’s total income was between million and 5 million in 2018, compared with a range of million to 2 million in 2017.

Jared Kushner and Ivanka Trump were high-profile couple long before they became fixtures in the White House. Coming from two prominent real-estate Though their roles as White House advisers are unpaid, the couple reported earning at least million in outside income during the first year of

The income, first reported by The Washington Post, is from the businesses, properties, and other assets owned by the couple.

According to the Post, the amount is about $7 million higher than their earnings in 2018, and the real amount may be as high as $157 million, as the Office for Government Ethics does not require officials to submit exact but only approximate income figures.

Ivanka Trump is President Donald Trump's eldest daughter. Both she and her husband serve as senior advisers in her father's administration, though neither receives a wage.

Since taking office in 2017, the business interests of President Trump and members of his family serving in the administration have posed conflict of interest issues.

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Another big Ivanka Trump holding, a trust that includes her personal business selling handbags, shoes and accessories, generated at least m in Ivanka Trump announced in July of last year that she planned to close her fashion company to focus on her work as a White House adviser for her father.

Image caption Jared Kushner and Ivanka Trump 's dealings have raised concerns among ethics experts. Ivanka Trump and Jared Kushner earned at least m (£61m) in outside income in their first year as unpaid senior advisers to the president, disclosure forms cited by US media say.

Ivanka Trump closed her fashion business in 2018, a year after after taking a role in the White House. The business had been subjected to a boycott campaign when she initially refused to close it despite working in a government role. She continues to own a stake in her father's business, the Trump Organization, and has a wide range of other assets.

According to the disclosure forms filed to the Office of Government Ethics, she received $4 million in income from the Trump International Hotel in Washington DC.

Her husband stepped aside from the day-to-day management of his family real estate firm, Kushner Companies, when he took a job in the White House, but still has part-ownership of the firm.

Kushner decided earlier this year not to divest of stocks in a real estate tech start-up, Cadre, he co-founded, despite being advised by government ethics lawyers to do so, government ethics nonprofit CREW reported in July.

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Trump 's Doral resort hauled in .2 million last year, a touch over the .9 million it took in in 2018. Trump and other White House staff were granted a 45-day extension to release the forms due to the Ivanka and Kushner earned at least $ 36 M in outside income last year: financial disclosures.

The disclosure indicates that Trump had a minimum income of more than 0 million . Disclosures for Trump ’s daughter and son-in-law, Ivanka and Jared Kushner , were also released Friday, showing the White House advisers reported at least $ 36 million in income . The 78-page disclosure, which is

The company has received $90 million in investment from foreign sources, according to The Guardian.

The president has divested himself of his role in the day-to-day running of The Trump Organization, but continues to receive an income from the business. Critics say that this violates the US Constitution's Emoluments clause, which prohibits the president from receiving gifts from foreign powers.

The president is embroiled in a legal battle with the attorneys general of Maryland and the District of Columbia, who accused the president of violating the clause by soliciting business from foreign officials at his hotel in Washington DC.

Read the original article on Business Insider

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