Ivanka Trump made $4 million from her father’s Washington hotel
WASHINGTON — Ivanka Trump made $4 million from her investment in her father’s Washington hotel last year, according to a disclosure released by the White House Saturday.
She also made at least $1 million from her line of branded apparel, jewelry and other merchandise.
Trump, 37, announced in July that she was closing her fashion businesses amid controversies over her role in the White House and after some big-name department stores dropped the brand.
Together, Trump and husband Jared Kushner earned between $28.8 million and $135.1 million in outside income while working as unpaid senior advisers to her father, President Donald Trump, their disclosures, which covers 2018, show.
The reports, which list the assets and sources of income for Ivanka Trump, her husband and dependent children, have yet to be approved by the White House Counsel’s Office. They will also be reviewed by the Office of Government Ethics. Administration officials have to file financial disclosure forms annually with their agencies by May 15. They report their incomes and the value of their assets in broad ranges.
Kushner, 38, disclosed at least $27 million and as much as $135 million in debt, the same amount he disclosed last year. The form shows his purchase of PV Bungalow LLC, a boutique hotel in Long Branch, New Jersey, for between $1 million and $5 million, plus the purchase of the liquor license for the property, which cost at least $15,000 more.
Kushner also spent between $1.5 million and $3 million on residential real estate in Brooklyn. The form lists 132 transactions made in 2018, though the actual total is higher because some entries lumped together multiple sales of condo units made in a single property.
His wife lists assets and income worth between $187.6 million and $786.3 million, the document shows. She provided no value for her shuttered fashion brands, compared with $50 million the year before. The company still holds trademarks in the U.S., Canada, Mexico, the European Union and 23 other countries.