Ivanka Trump and Jared Kushner walked into the White House with troubled finances but left w million [View all]

[Demovictory9]

https://inews.co.uk/news/long-reads/ivanka-trump-jared-kushner-white-house-finances-millions-dollars-net-worth-1410281

Donald Trump arrived in the White House so ignorant and unprepared for his new job that senior aides had to explain, among many other things, that Finland is a country. It was that ignorance which created opportunities for his daughter, Ivanka Trump, and her husband, Jared Kushner, to make vast fortunes.

They walked into unpaid jobs at the White House with very troubled finances. They walked out having made at least $172m from outside activities – and possibly as much as $640m. During his last year on his father-in-law’s staff, Jared also set up a holding company in a Caribbean tax haven.

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One year after Trump left the presidency, how they did this still poses serious questions about the intersection of their financial interests and US national security, as I’ve explored for my new book TheUnless there is another Trump presidency, however, the couple are unlikely to ever again enjoy the same kinds of openings for naked money-making. We can see how his administration provided one of Ivanka’s investments: her slice of her father’s Washington hotel. In the first three years of his presidency, it made her $13m, she disclosed in ethics reports.

Ivanka’s last report contained a revealing change, however. She had valued her share of the hotel at between $5m and $25m. But in 2020, she dropped the value to $100,000 to $250,000 – indicating that with her father leaving the White House, the hotel’s value plummeted because no one needed to stay there to pay tribute to Trump.