daughter and son in law made at least United States dollars 82 million 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 today.
Ivanka Trump made $3.9 million from her investment in her father's hotel in Washington a year ago, according to a disclosure released by the White House on Tuesday.
Trump recently scored a batch of trademarks in China as her father continues trade talks with Beijing, garnering scrutiny from some ethics experts.
Minimum Size of Jared Kushner’s Wealth Rose in First Year in White House, Disclosure Shows
The flow of outside funds to the two senior White House advisers has repeatedly raised concerns over possible ethics violations and conflicts of interest.
A newly-released 2018 financial disclosure shows that White House special adviser Jared Kushner's wealth and debt both rose significantly over the year.
Disclosures issued late Monday by the White House for Kushner and his wife, Trump's daughter Ivanka, showed that Kushner held assets totalling at least US$181 million ($239m).
Ivanka Trump also reported over $2 million from severance from the Trump Corp.in 2017.
Kushner, meanwhile, reported $1.5 million in income from Westminster Management, which owns and manages over 20,000 apartments in New York, New Jersey, Maryland, Pennsylvania and Ohio.
According to the New York Times, the ethics filing shows that Ivanka Trump and Jared Kushner earned at least $82 million in income previous year, and could have made up to $222 million, compared to an estimate of $89 million to $201 million in 2016.
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. She took in $289,300 in an advance for Women Who Work, the forthcoming book she is writing for Penguin Random House.
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.
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.
Some of the couple's assets were listed jointly. (The Post suggests similar ranges of $179 million to $735 million and $55.3 million to $75.6 million.) The couple's ethics counsel adds that their net worth "remains largely the same, with changes reflecting more the way the form requires disclosure than any substantial difference in assets or liabilities". 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.