Ivanka Trump and Jared Kushner earned £61m while also working in White House
President's son-in-law and special adviser reportedly made £52m from companies tied to his family’s real estate company
Ivanka Trump and Jared Kushner became at least £61m ($82 million) richer from outside income while working for the White House during 2017.
The increase in income was documented in the couple’s financial disclosure forms, released late on Monday, the Washington Post reported. The income comes from business and real estate holdings and other sources.
Both Trump and Kushner gave up daily oversight of their companies when they started working as unpaid senior advisers to the president, according to the Post, which notes the large amounts of income the couple is collecting from outside enterprises while working for the White House could create potential conflicts of interest.
Kushner withdrew from his position as CEO of Kushner Companies when he joined the administration. Trump placed her clothing brand, her business and corporations into a blind trust.
Peter Mirijanian, a spokesman for Abbe Lowell, Kushner’s and Trump’s ethics counsel, said in a statement to the Washington Post that Kushner and Trump have followed all ethics rules and that the disclosure forms make it difficult to understand their net worth.
“Since joining the administration, Mr. Kushner and Ms. Trump have complied with the rules and restrictions as set out by the Office of Government Ethics,” Mirijanian said. He also said that the couple’s net worth “remains largely the same, with changes reflecting more the way the form requires disclosure than any substantial difference in assets or liabilities.”
The latest financial disclosure filing includes some income that was previously disclosed, making it impossible to make a direct comparison to their previous reported income, according to the Post.
Kushner reportedly made about £52m ($70 million) from companies tied to his family’s real estate company and Trump earned more than £3.7m ($5 million) from her business trust.
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