Two of Donald Trump’s closest advisers to the White House, his daughter Ivanka Trump and his son-in-law Jared Kushner, are not dependent on government salaries for their financial needs, according to new disclosures. The Washington Post reports that the couple disclosed at least $ 36 million in income outside the White House last year.
Trump and Kushner’s combined minimum income, which must be disclosed annually, was $ 36.2 million in 2019, just over $ 7 million more than the $ 29 million they had disclosed the previous year. The situation has come under heavy criticism from government ethics experts who have denounced Kushner’s continued involvement in his family’s real estate company, Kushner Companies, while he was working in the White House, a breeding ground for corruption and d ‘other conflicts of interest.
Ivanka Trump also initially refused to relinquish her stake in the jewelry and clothing brand, but public backlash led her to close the brand in 2018, which is why she disclosed a range of just 100. $ 001 to $ 1 million in “rent or royalties” for 2019 (financial information only requires ranges of income and loss as opposed to exact numbers). It also disclosed a fixed dividend of $ 3.9 million from its stake in the Trump International Hotel in Washington DC.
The couple also disclosed significant financial liabilities for 2019. Between $ 22 million and $ 110 million to be precise (or at least as specific as these disclosures have tended to be), including between $ 5 million and $ 25 million in debt. held with a group called Times Square Associates. This debt would be jointly held by Kushner and Trump with the Times Square Associates business entity.