Ivanka Trump and Jared Kushner took in as much as $135 million in revenue during their second year as aides to President Trump, generated from their vast real estate holdings, stocks and bonds, and a book deal, according to their financial disclosures.
The disclosure for her husband, Jared Kushner, shows that he took in hundreds of thousands of dollars from his holdings of New York City apartments and that he owns a stake in the real estate investment firm Cadre worth at least $25 million.
Kushner's holdings of apartment buildings through his family real estate firm, Kushner Cos., were the source of much of his income. Westminster Management, the family business overseeing its rental buildings, generated $1.5 million. Separately, one of the family's marquee holdings, the iconic Puck Building in the Soho section of Manhattan, generated as much as $6 million in rent.
Cadre has also drawn conflict-of-interest questions. It launched a fund to take advantage of massive tax breaks by investing in downtrodden areas designated “opportunity zones,” a Trump administration program pushed by both Ivanka Trump and Jared Kushner.
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