6/14/2019

BUSINESS/IVANKA/JARED KUSHNER/TRUMP BUSINESS: “In their second year of government service, Ivanka Trump and Jared Kushner reported income from their companies and investments of as much as $135 million, according to their annual financial disclosure reports made public on Friday [6-14-19]. All told, the couple’s real estate holdings and other investments were worth as much as $786 million, down slightly from 2017. Their total annual income was between $29 million and $135 million, a range that was lower than what they reported in 2017. Mr. Kushner’s partial ownership of his family-run real estate business, Kushner Companies, has drawn criticism from ethics experts, particularly as the firm has solicited investments from foreign sources, including in the Middle East, where Mr. Kushner is a top White House liaison. Although Mr. Kushner held on to the bulk of his stake in the company, which he once ran, he sold some of his assets to a trust controlled by his mother. One of those divested assets was his share in Kushner Companies’ flagship property at 666 Fifth Avenue in Manhattan.”

Jesse Drucker and Agustin Armendariz, “Ivanka Trump and Jared Kushner Report Up to $135 Million in 2018 Income,” The New York Times online, June 14, 2019