A report earlier this year by CREW, a nonprofit which stands for Citizens for Responsibility and Ethics in Washington stated that former first daughter Ivanka Trump and her husband, Jared Kushner, reported between $172 million and $640 million in outside income during their four years working as White House aides.
Why the large spread?
“It is impossible to tell the exact amount as the income is sometimes reported in broad ranges and cover four months of income before Ivanka Trump officially joined her father’s administration and nearly one month before Jared Kushner joined,” the report said.
The CREW report states that Ivanka Trump personally made more than $13 million from her stake in the Trump International Hotel in Washington.
Meanwhile, Celebrity Net Worth states that Ivanka has a net worth of $800 million, combined with that of her husband.
The site states that Jared and Ivanka “are the beneficiaries of a $740 million real estate and investment business,” while Ivanka has also made money from her fashion brand and book sales, as well as her and Kushner’s personal real estate holdings.
Celebrity Net Worth’s estimate, as is usually the case, is almost certainly not exact, as the site doesn’t have access to Ivanka Trump’s bank statements or other financial statements, beyond the mandatory disclosures.
As for Ivanka’s father, the former president’s net worth has been estimated at different amounts by different sources. Forbes listed Donald Trump’s net worth at $2.4 billion, while the Bloomberg Billionaires Index lists his fortune at $2.3 billion and Celebrity Net Worth had it at $2 billion. Most of those sources agree that Trump probably lost money from his net worth over the course of his presidency, largely due to the coronavirus pandemic hurting the value of his real estate holdings.
“His financial disclosures and loan documents, interviews with former executives and industry analysts, and a host of legal fights and investigations reveal just how much trouble Trump and his company could face,” the Bloomberg report said of Trump’s wealth.
“The fallout from the Capitol assault has hurt his relationships with brokers and lenders. At least $590 million in loans come due in the next four years, more than half personally guaranteed by Trump, and his scrapyard of failed enterprises has only gotten more crowded.”
Trump, before and during his presidency, famously never released his tax returns, an act which has long been customary for presidential candidates Parts of those returns, however, made their way into the press at different times, and Manhattan District Attorney Cyrus Vance, Jr. fought all the way to the Supreme Court to obtain those tax records as part of an ongoing investigation.
Stephen Silver, a technology writer for The National Interest, is a journalist, essayist and film critic, who is also a contributor to The Philadelphia Inquirer, Philly Voice, Philadelphia Weekly, the Jewish Telegraphic Agency, Living Life Fearless, Backstage magazine, Broad Street Review and Splice Today. The co-founder of the Philadelphia Film Critics Circle, Stephen lives in suburban Philadelphia with his wife and two sons. Follow him on Twitter at @StephenSilver.