Ivanka Trump, Jared Kushner took in up to $135M in 2018

NEW YORK — Ivanka Trump and Jared Kushner took in as much as $135 million in revenue during their second year as aides to President Donald Trump, generated from their vast real estate holdings, stocks and bonds and even a book deal, according to their financial disclosures released Friday.

Ivanka Trump’s stake in her family’s Washington, D.C., hotel down the street from the Oval Office generated $3.95 million in revenue in 2018, barely changed from a year earlier. The hotel is at the center of two federal lawsuits claiming Donald Trump is violating the Constitution’s ban on foreign government payments to the president.

Another big Ivanka Trump holding, a trust that includes her personal business selling handbags, shoes and accessories, generated at least $1 million in revenue in 2018, down from at least $5 million the year before. Ivanka Trump announced in July of last year that she planned to close her fashion company to focus on her work as a White House adviser for her father.

The disclosure for Kushner shows that he took in hundreds of thousands of dollars from his apartments and that he owns a stake in the real estate investment firm Cadre worth at least $25 million.

The disclosures released by the White House and filed with the U.S. Office of Government Ethics show minimum revenue for the couple of $28 million generated last year from assets valued at over $180 million. The disclosures show revenue, assets and debts in broad ranges between low and high estimates, making it difficult to chart the rise and fall of business and financial holdings.