Ivanka Trump, Jared Kushner made $82 million in 2017

Minimum Size of Jared Kushner’s Wealth Rose in First Year in White House, Disclosure Shows

Minimum Size of Jared Kushner’s Wealth Rose in First Year in White House, Disclosure Shows

President Donald Trump's daughter and son in law made at least 82 million dollars in outside income while serving as senior White House advisers past year thanks to investment deals from companies they had previously led, news reports said on Tuesday. Trump made at least $12 million, including $5 million from the trust overseeing her clothing brand, $3.9 million from her stake in DC's Trump International Hotel, and $2 million in severance as a result of her January departure from the Trump Organization, reports the Washington Post.

Ivanka Trump and Jared Kushner may be working as White House advisers, but the couple isn't doing too badly with their side gigs, bringing in at least US$81 million of outside income.

Kushner, the president's son-in-law, reported assets of at least $174 million at the end of 2017, according to a person familiar with the couple's financial disclosure documents.

Quickly becoming one of the most popular get-together spot for Republicans and Trump supporters across the world, the luxury hotel on the historic Old Post Office site, which opened September 2016, has brought in almost $4 million for the president's daughter in 2017, up from the $2.4 million reported in the 2016 statement. 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 had released the president's own financial report last month. He also earned at least $5 million in passive income from holdings in real estate developments, and reported more than $5 million in capital gains in 2017 just from the sale of one shopping mall, in the Bronx.

In 2017, Trump's assets were estimated to be valued between $55.3 million and $75.6 million and Kushner's between $179 million and $735 million, reported the Washington Post. Trump was paid a $289,300 advance by Penguin Random House for her book, "Women Who Work".

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General view of the Trump International Hotel Washington, D.C.at the Old Post Office on October 30, 2016 in Washington D.C., Washington D.C.

Kushner reported divesting more than 125 assets, and listed several others as being in process of divestment.

Peter Mirijanian, a spokesman for the couple's ethics lawyer, Abbe Lowell, said Ms Trump and Mr Kushner had abided by government ethics rules. In all, he took in at least United States dollars 70 million, the Post said.

A spokesperson for the two said that their net worth has not changed much and stressed that they have complied with government ethics restrictions. Trump has come under scrutiny from ethics watchdogs who have accused the president of using his office to promote his properties.

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