Ivanka Trump and Jared Kushner commercial income revealed

Ivanka Trump and Jared Kushner commercial income revealed

The Washington Post is reporting President Trump's daughter, Ivanka, and her husband, Jared Kushner, raked in at least $82 million in outside income previous year, even as both served as senior White House advisers. In July 2017, the time of their last financial disclosure, the couple reported joint income of at least 19 million dollars from business ventures and another 80 million dollars in real estate and other revenue between January 2016 and early 2017. He reported more than $5 million in capital gains from the sale of a shopping mall in the Bronx. According to the news organization, the exact figure is hard to calculate as the Office of Government Ethics uses "broad ranges for assets and liabilities".

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.

Kushner's financial forms show significant debts, according to Politico, which didn't report a total liability figure.

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.

Jared Kushner and Ivanka Trump listen as U.S. President Donald Trump holds a cabinet meeting at the White House in Washington, U.S., April 9, 2018.

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Despite public scrutiny of their finances amid questions of conflicts of interest, a spokesman for the couple's lawyer said Trump and Kushner have followed the rules. "As to the current filing which OGE also reviews, their net worth remains largely the same, with changes reflecting more the way the form requires disclosure than any substantial difference in assets or liabilities". His holdings could reach more than $710 million. That trust generated over US$5 million ($6.6m) in revenue a year ago.

She also made $3.9 million from the Trump International Hotel in Washington, D.C. and more than $2 million from severance from the Trump Corp. past year. The Trump family has faced accusations of using the presidency for personal profit.

For one, some line items appear on both Kushner and Ivanka Trump's filings.

The couple's income originates from a wide variety of sources, including investments, trusts, dozens of real estate transactions, a book advance of almost $300,000 for Ivanka Trump, and stakes in businesses like the almost $4 million Ivanka Trump earned from her interest in the Trump International Hotel in Washington, D.C. His line credit at IDB Bank increased from a max of $5 million to $25 million.

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