Jared and Ivanka earned more than $36MILLION in 2019 – with ‘up to $3million coming from companies that benefited from policies pushed through by the Trump Administration’
- Financial disclosure records reveal Jared Kushner and Ivanka Trump collectively made between $36.2 million and $157 million in 2019
- Some of that revenue came from Kushner Companies which benefited from a real estate tax break championed by Ivanka herself’, according to Daily Beast
- Ivanka reported $3.9 million in earnings from her stake in the Trump International Hotel in Washington, DC
- Critics have accused the pair of a conflict of interest, saying they are using their public positions to advance their private interests
Ivanka Trump and Jared Kushner made somewhere between $36.2 million and $157 million in 2019, financial disclosure records reveal.
The couple, who both serve as Senior Advisors to President Donald Trump, were required to file documents declaring their assets and liabilities with the Office of Government Ethics on Friday.
The exact amount of money the pair is impossible to determine, as they are only required to ‘report in range’, according to The Washington Post.
However, even with minimum earnings of $36.2 million, the documents show Ivanka and Jared continue to make huge amounts of outside income while they work in The White House.
The Daily Beast reports that some of that revenue came from Kushner Companies – Jared’s family business ‘which benefited from a real estate tax break championed by Ivanka herself’.
Ivanka Trump and Jared Kushner made somewhere between $36.2 million and $157 million in 2019, financial disclosure records reveal
The filings reportedly show Jared made somewhere between $200,000 and $2.34 million from hotels and other buildings owned by the company at their Pier Village Project in Long Branch, New Jersey.
In 2018, Long Branch was designated an ‘Opportunity Zone’ as part of the Tax Cuts and Jobs Act spruiked by Ivanka.
As part of the legislation, investors in those lower-income ‘opportunity zones’ became entitled to certain tax advantages.
The Daily Beast claims Kushner Companies shelled out at least $9 million on property in the area after the program was passed by the Trump Administration.
Ivanka and Jared’s financial disclosure records were blasted by Citizens for Responsibility and Ethics in Washington (CREW), who claim the couple may be pushing for public policy that is in their personal interest.
The filings reportedly show Jared made somewhere between $200,000 and $2.34 million from hotels and other buildings owned by the company at their Pier Village Project in Long Branch, New Jersey. The Daily Beast claims Kushner Companies shelled out at least $9 million for the local Bunaglow Hotel (pictured) after the program was passed by the Trump Administration
‘Ivanka Trump advocated for the Opportunity Zones program while her husband was profiting from it, representing a clear conflict of interest,’ CREW’s Jordan Libowitz told The Daily Beast.
‘The program seems to have been made to be easily exploitable by the rich and well connected, starting with those related to the president.’
Additionally Kushner reported between $100,000 and $1 million from the Vreeland Avenue Associates – part of a real estate complex where six tenants received low-interest loans under the Paycheck Protection Program – also spruiked by Jared and Ivanka.
Meanwhile, Ivanka reported $3.9 million in earnings from her stake in the Trump International Hotel in Washington, DC.
Ivanka reported $3.9 million in earnings from her stake in the Trump International Hotel in Washington, DC.
The hotel has long been seen as a potential conflict of interest, because it hosts diplomats and other government officials who come to the nation’s capitol.
News of the financial filings was met with outrage on Twitter, with several critics claiming Ivanka and Jared’s sole purpose for working in The White House was to enhance their personal fortune.
‘Isn’t that why this family ran for the presidency – to make money? Just shameful and they get away with it!’ one raged.
Both Jared and Ivanka have repeatedly denied any conflicts of interests during their time working for the Trump Administration.
Both Jared and Ivanka have repeatedly denied any conflicts of interests during their time working for the Trump Administration