Jared and Ivanka made at least R1 billion in Trump's White House

Ivanka Trump and Jared Kushner arrive for a ceremony on the South Lawn of the White House

Jared and Ivanka made at least R1 billion in Trump's White House

Ivanka Trump and Jared Kushner made at least $82 million a year ago while serving as unpaid senior advisers to the president, according to financial disclosure forms released Monday.

She also earned $5 million from her designer brand and $2 million in pay and severance from the Trump Payroll Corp, Politico reported.

Peter Mirijanian, a spokesman for the couple's ethics lawyer, Abbe Lowell, said Ms Trump and Mr Kushner had abided by government ethics rules. The latest disclosure shows it was worth at least $25 million at the end of a year ago, up from a minimum value of $5 million in his previous disclosure.

The financial disclosures released by the White House and filed with the US Office of Government Ethics routinely show both assets and debts compiled in broad ranges between low and high estimates, making it hard to precisely chart the rise and fall of the financial portfolios of federal government officials.

The bulk of Ivanka Trump's assets - more than $50 million worth - was contained in a trust that holds her business and corporations. Trump will now receive guaranteed fixed yearly payments instead of payments determined by profits from T International Realty LLC, TTT Consulting LLC, and TTTT Venture LLC - which are LLCs tied to some of the Trump Organization's international developments.




According to the disclosures, National security adviser John Bolton pulled in $2.2 million previous year from organizations including Fox News, the conservative think tank American Enterprise Institute, and the Gatestone Institute, an anti-Muslim think tank of which he previously served as chairman.

The Associated Press reports that the current disclosures reflect a possible rise in Kushner's assets, from at least $140 million in April 2017 to $181 million this spring. His line credit at IDB Bank increased from a max of $5 million to $25 million.

In a wide-ranging interview in late May with the Real Deal, a New York City real estate publication, Kushner's father derided ethics watchdogs as "jerks" who "can't get a real job" and suggested that the criticism may discourage rich and successful people from taking government positions.

A rep for the couple said they complied with all the ethics rules and their net worth has largely remained unchanged while working in the White House. But even as a passive investor, he retains many lucrative investments, which ethics critics have warned could raise conflicts of interest.

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