How did I miss this? Ivanka Trump, Kushner took in as much as $135M last year
Ivanka Trump, Kushner took in as much as $135M last year
https://abcnews.go.com/Politics/wireStory/ivanka-trump-4m-dc-hotel-year-63719453
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, a favorite gathering spot for foreign diplomats and lobbyists, 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.
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Kushner appears to have cut his debt. He had loans and lines of credit worth at least $27 million at the end of last year, down from a minimum value of $40 million the previous year. His lenders include Bank of America, Citi Group and Deutsche Bank. Deutsche Bank is also a major lender to President Trump's company and has been subpoenaed by congressional investigators looking into his finances.
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