New disclosure shows Jared and Ivanka growing wealth as presidential advisers

Minimum Size of Jared Kushner’s Wealth Rose in First Year in White House, Disclosure Shows

Ivanka Trump and Jared Kushner earned at least $82m (£61m) in outside income in their first year as unpaid senior advisers to the president, disclosure forms cited by United States media say.

She reported a stake in the Trump International Hotel in Washington, D.C., worth between US$5 million ($6.6m) and US$25 million ($33.01m). He also said in his filing that he would continue to recuse himself from matters involving broker-dealer, real estate and online financial services related to his holdings in Quadro Partners, which owns Cadre.com, an online platform for investing in real estate.

Trump and Kushner aren't the only White House staffers raking in the millions, however. Reports also indicate that the minimum value of Kushner's assets rose from $137 million to at least $174 million since March of previous year.

Trump reportedly donated the proceeds from the book to the Ivanka M. Trump Charitable Fund.

The financial disclosures released by the White House and filed with the U.S. Office of Government Ethics routinely show both assets and debts compiled in broad ranges between low and high estimates, making it hard to precisely chart the rise and fall of the financial portfolios of federal government officials.

Kushner pulled in at least $US69 million in income a year ago, much of it from his own family's far-flung real estate empire, the financial disclosure forms showed.

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Her husband Jared Kushner earned more than 5 million dollars in income from the Kushner Cos. apartment complex Quail Ridge in New Jersey.

The White House released financial disclosure forms for other officials, including National Security Adviser John Bolton, who reported $2.2 million in income in the year and three months before he joined the administration. She took in $289,300 in an advance for Women Who Work, the forthcoming book she is writing for Penguin Random House.

In 2017, Trump's assets were estimated to be valued between $55.3 million and $75.6 million and Kushner's between $179 million and $735 million, reported the Washington Post.

The news sources didn't list all the sources of income for the power couple, but just cited a few examples from financial disclosure forms obtained by the newspaper.

A rep for the couple said they complied with all the ethics rules and their net worth has largely remained unchanged while working in the White House.

Peter Mirijanian, a spokesman for the couple's ethics lawyer, Abbe Lowell, said Ms Trump and Mr Kushner had abided by government ethics rules. Several of those properties created at least $5 million in passive income a year ago.

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