Ivanka Trump, Jared Kushner made $82 million in 2017

Ivanka Trump, Jared Kushner made $82 million in 2017

The flow of outside funds to the two senior White House advisers has repeatedly raised concerns over possible ethics violations and conflicts of interest.

The form shows Ivanka Trump also collected almost US$290,000 in advance payments for a 2017 book she wrote titled Women Who Work. The hotel has been a focus of lawsuits against the president and ethics watchdogs, who say Trump is violating the Constitution by profiting from his office, as diplomats spend big money there.

The news sources didn't list all the sources of income for the power couple, but just cited a few examples from financial disclosure forms obtained by the newspaper.

"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", said Peter Mirijanian, a spokesman for the couple's ethics lawyer, Abbe Lowell.

Further, she earned several fixed payments a year from companies related to the Trump brand, totaling about $1.5 million.

A series of interim financial reports a year ago showed that Kushner had increased lines of credit with Bank of America, New York Community Bank, and Signature Bank, each from at least $1 million to $5 million.

The figure was outed in financial disclosure forms released Monday.


Ivanka Trump also reported over $2 million from severance from the Trump Corp.in 2017.

Kushner, however, failed to report multiple stakes in a handful of companies, with the documents showing he did not report those assets because of an "accounting oversight", despite divesting his stakes before taking up his position in the White House, the Post said.

Kushner and his wife took at least $83 million in income and capital gains a year ago, according to the disclosures.

While Ivanka Trump and husband Jared Kushner are not drawing a salary at the White House, the family business connections have allowed them to remain millionaires.

Before entering the White House, Kushner sold his stake in 666 Fifth Ave., the Kushner Cos.' Manhattan building plagued by debt that exceeded $1 billion, to a trust controlled by his mother.

"I look at what my kids have sacrificed to go into government, with the only intent of doing good for this country and for the world, and to help people", he told the Real Deal.

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