Ivanka Trump took in almost $4M from DC hotel previous year

Ivanka Trump took in almost $4M from DC hotel previous year

Ivanka Trump took in almost $4M from DC hotel previous year

President Donald Trump's daughter Ivanka Trump made almost $4 million from her father's Washington DC hotel in 2018, NBC news reported, citing original financial disclosures launched by the White Condominium on Friday. Trump announced in July a year ago that she planned to close her company to focus on her work as a White House adviser. Included in that number is the $4 million in profits Ivanka cashed from the Trump International Hotel in Washington, D.C. According to NBC News, the hotel has hosted officials from at least 22 foreign governments and potentially violated the Constitution's Emoluments Clause.

Together, Trump and husband Jared Kushner earned between $28.8 million and $135.1 million in outside income while working as unpaid senior advisers to her father, President Trump, their disclosures, which covers 2018, show.

Mr Kushner's partial ownership of his family-run real estate business, Kushner Cos, 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.

According to the disclosures, Kushner also invested between $1.5 million and $3 million in properties in Brooklyn in 2018.

Among the dozens of sources of income for Ivanka Trump was a $263,500 book advance for "Women Who Work: Rewriting the Rules for Success", published in 2017. Trump has pledged to donate royalties to her charitable fund.

The Puck Building in the Soho neighborhood of Manhattan brought in $6 million worth of revenue.

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Former and current tenants in the building have filed a suit against the Kushner Cos. alleging it used noisy, dusty construction to make living conditions unbearable in an effort to push them out so their apartments could be sold.

Also, this month the Guardian newspaper reported that Cadre bought $90 million in worldwide funding from an opaque offshore vehicle since Kushner entered the White House.

Kushner appears to have cut his debt.

The AP reported that the Kushner Co's slate of condo buildings and industrial properties in NY generated $1.5 million, while one other conserving for industrial buildings brought in $6 million. Deutsche Bank has been associated with Trump and has been badgered by investigators peering into his finances.

Each and every Ivanka Trump and Kushner include taken steps to separate their public lives from their businesses by stepping down as executives and promoting some of their respective stakes.

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