An analysis of the financial disclosures of Ivanka Trump and Jared Kushner showed that the couple had between $ 172 million and $ 640 million in income while working in the Trump administration. It is standard practice that income and real estate value are reported in a wide range in government financial disclosures, so it is difficult to pin down the exact amount created by the couple. The financial disclosure covers four months of income before Ivanka joined her father’s administration and exactly one month before Jared joined. At the time, Ivanka and Jared tried to get ahead of the public crisis of nepotism by reducing salaries for their White House pigs. As it turns out, they did not really need a government salary that would have been less than 1% of their outside income.
Ivanka’s income at DC’s Trump Hotel, located very near the White House, was aided by her share of ownership. The hotel was used as a headquarters for those wishing to join the Trump administration. United, Ivanka and Jared made 23 visits to the hotel. Ivanka has earned over $ 13 million from Trump Hotel DC since 2017. He earned $ 4 million a year between 2017 and 2019. In 2020, he earned $ 1.5 million. During the epidemic, travel and meetings slowed down. Financial revelations also showed that Ivanka’s stake in the Trump Hotel was dramatically reduced in 2020. In earlier financial disclosures, his stake in the hotel was reported to be between $ 5 million and $ 25 million. By the time he left the White House, it was revealed to be between $ 100,001 to $ 250,000. He did not sell any of his stake, as there is no record of any transaction. So it is unclear.
The secret of Trump Hotel DC and its dwindling stake is not the only discrepancy in Ivanka’s financial disclosure. She announced that she was discontinuing her Ivanka brand in 2018. Reportedly, the Ivanka brand closed on July 31, 2018. However, it earned up to $ 1 million from its brand in 2019, which is curious according to a disclosure, which was filed by Ivv Sarkar. In mid-2018, his brand is no longer in existence.
There is more controversy when it comes to Ivanka’s income and business dealings. During his tenure in the White House, he suffered from scandal after scandal over possible conflicts of interests with his various businesses. For example, he used a foreign trademark after leaving the White House. A month before her father was elected president in 2016, Russia renewed two trademarks for Ivanka’s business. The day after his father won the election, Ivanka’s business applied for a trademark in Japan, which was approved when Vice-President Pence met the then Prime Minister Abe in Japan. Ivanka and her father met the Prime Minister for about a week before their trademark was approved. In 2017, she was approved for additional trademarks in Japan.
In 2017, it gained initial approval for three trademarks in China the same day it dined in Mar-a-Lago with Chinese President Xi Jinping. In 2018, he was approved for five trademark applications in China, and the sixth trademark was called “first trial approval”, during the same week that President Trump announced that he would go to Chinese telecommunications company ZTE to save jobs Will work together A month later, Ivanka received registration approval for three more trademarks on the same day, when Donald Trump announced he would remove ZTE’s restrictions.
Then, in October 2018, Ivanka’s brand received 16 new trademarks from China, including a voting machine. This all happened three months after the brand’s closure. Six months after the Ivanka brand was reportedly discontinued, it was granted a trademark to sell the Ivanka brand in Canada. In total, Ivanka was approved for at least 28 foreign trademarks while working under her father’s administration in the White House.
Ivanka avoided the law when she worked on the Trump administration’s opportunity zone program. It allegedly violated a federal conflict of interest law because her husband Jared had multi-million dollar financial interests in an entity called Cadre that benefited from the opportunity zone program. When Jared began working for the Trump administration, his stake in the cadre was between $ 5 million and $ 25 million. Over time this stake increased from $ 25 million to $ 50 million. Oh, and Kushner did not originally disclose his ownership of the cadre. In fact, a White House ethics official said that it was necessary for Jared to separate himself from the cadre to work in the White House. He never did.
Ivanka Trump and Jared Kushner benefited from Trump’s decades-old predecessor reverse department to work in the White House. Neither of them were qualified to do the jobs they were tasked with and yet, it seems that Ivanka and Jared are hundreds of million dollars richer than the White House.