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President Jared Kushner and Ivanka Trump’s senior advisers walk the South Lawn of the White House on November 29, 2020 in Washington, DC. Photo / Getty Images
Former first daughter Ivanka Trump and her husband Jared Kushner, who served as White House advisers under the Trump administration, amassed a staggering amount of cash in 2020, a new report revealed.
According to Citizens for Responsibility and Ethics in Washington (CREW), an ethics watchdog, the high-profile couple revealed that they earned between $ 23,791,645 and $ 120,676,949 in combined external income in their final financial disclosure reports.
The cash was obtained throughout the course of 2020 and through January 20, 2021, when Donald Trump left office.
“According to her final financial disclosure report, Ivanka Trump did not receive any income from the businesses she ran prior to entering government in her last year of employment in the White House,” the organization stated.
“In each of its previous disclosures, including the one covering 2019, it reported revenue from the companies despite reporting that they ceased operations in July 2018.”
But think of “Javanka” – despite pocketing that huge sum, it’s a significant drop from the previous reporting period, when they reported between $ 36,151,214 and $ 157,020,085 in revenue.
New financial disclosures reveal that Ivanka received a payment of $ 1.4 million from the luxurious Washington, DC hotel owned by her father’s company during the last year in President Trump’s office, according to the Daily Mail.
The cash loot came despite the coronavirus pandemic that pushed the hospitality and tourism industry back as stocks plunged.
His loot was actually a sizable decrease from the previous year, when he earned $ 4 million from his stake in the hotel, which President Trump touted during his 2016 campaign and kept throughout his presidency despite complaints from the watchdog groups.
The Citizens for Responsible Ethics watchdog revealed a variety of projects with “future interests” in which, otherwise, it does not record revenue. They include a licensing agreement in India, a golf course in Bali, a future golf course in Dubai, and the construction of a hotel in New York.
It also lists the substantial estates of her husband Jared Kushner, and the couple’s art collection, still valued at between $ 5 million and $ 25 million.