Kushners made at least $82m
acquired last year in Plainsboro, New Jersey. The filings show how the couple are collecting immense sums from other enterprises while serving in the White House, an extraordinary income flow that ethics experts have warned could create potential conflicts of interests.
While both Kushner and Ivanka Trump were required to file financial forms last year, it is difficult to compare their past to present wealth because there are several months of overlap in the reporting period and the Office of Government Ethics uses broad ranges to calculate assets and liabilities.
In an email statement, Peter Mirijanian – a spokesman for Abbe Lowell, Kushner’s and Ivanka Trump’s ethics counsel – said that the couple have followed all ethics rules and that yesterday’s disclosures are an insufficient way to understand the nuances of their net worth.
‘‘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,’’ Mirijanian said. ‘‘As to the current filing which OGE also reviews, 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 new filings reflect a change in the structure of Ivanka Trump’s payments from limited liability companies affiliated with the Trump Organisation. Trump will now receive guaranteed fixed yearly payments instead of payments determined by profits. The yearly payments will total $1.5 million, according to the filings, which was a change made in consultation with Office of Government Ethics officials to reduce her ‘‘interest in the performance of the business.’’ – Washington Post