Published: Tue, June 12, 2018
Worldwide | By Gretchen Simon

Ivanka Trump, Jared Kushner made $82 mn past year

Ivanka Trump, Jared Kushner made $82 mn past year

Kushner drew at least $70 million from dozens of companies linked to his family's real estate company, Kushner Cos., including $5 million in income from an apartment complex in Plainsboro, NJ.

Bolton also reported at least $11.2 million in assets, most of which were held in what ethics rules call exempted investment funds that don't have to be divested because they invest in a wide variety of securities.

The White House released financial disclosure forms for other officials, including National Security Adviser John Bolton, who reported $2.2 million in income in the year and three months before he joined the administration.

Jared Kushner and Ivanka Trump arrive for a State Dinner with French President Emmanuel Macron and President Donald Trump at the White House in April 2018.

Peter Mirijanian, a spokesman for the couple's ethics lawyer, Abbe Lowell, said Ms Trump and Mr Kushner had abided by government ethics rules. And he reported a new loan from Bank of America for between $5 million and $25 million that is payable by 2022 related to the Quail Ridge property.

The Trump International Hotel at 1100 Pennsylvania Avenue, Washington.

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Washington Post's review of the disclosure records has found that the couple brought in at least $82 million over the past year.

The White House released the financial disclosures for Ivanka Trump and Jared Kushner Monday as President Trump and North Korean leader Kim Jong Un met in a highly anticipated summit in Singapore.

Kushner disclosed that he had failed to report several stakes in limited liability companies - including Vegas Seven, which is a Las Vegas online news publication, and the Veggie Grill, a restaurant in Manhattan Beach, California. Such moves do not mean that Kushner has yet accumulated that debt, but that he has the ability to do so.

The new disclosure shows that Kushner did take on a new debt a year ago with Bank of America, worth between $5 million and $25 million - but jointly with other investors in Quail Ridge LLC, a company used for his family firm's purchase of Quail Ridge, a 1,032-unit apartment community in Plainsboro, NJ, near Princeton. Pinchuk is a Ukrainian oligarch and Special Counsel Robert Mueller is examining a $150,000 payment that his foundation made to Donald Trump's foundation for Trump to appear via video at a conference in September 2015, according to a report in the New York Times.

The earnings have raised ethics concerns about conflicts of interest.

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