Senior White House advisers Jared Kushner and Ivanka Trump were born into money.
Jared Kushner and Ivanka Trump were a high-profile couple long before they became fixtures in the White House.
Coming from two prominent real-estate families, some estimates project the couple’s net worth to be $1.1 billion.
Jared Kushner spoke about the Mar-a-Lago raid following speculation that he may have tipped off the FBI.
Speaking to Fox News, Kushner suggested the raid was due to Trump driving “his enemies so crazy,” saying “they always over pursue him and make mistakes in trying to get him, and that’s basically what happened here.”
But Kushner and his wife Ivanka Trump have long courted media speculation and frenzy as a high-powered celebrity couple.
Though net worth is a difficult metric to nail down, ethics filings showed the couple’s real estate holdings and other investments in 2017 were worth as much as $811 million, about $50 million more than the year before.
Both hailing from prominent New York City real-estate families, Kushner and Trump had impressive houses and habits since before they settled in Washington, DC.
Though their former roles as White House advisers were unpaid, the couple reported earning at least $83 million in outside income during the first year of President Donald Trump’s presidency.
This is how they spend their family-built fortunes.
Sources have estimated that Ivanka Trump’s net worth is roughly $300 million, and Jared Kushner’s net worth could be $800 million.In this handout image provided by Ivanka Trump and Jared Kushner, Ivanka Trump (R) and Jared Kushner (L) attend their wedding at Trump National Golf Club on October 25, 2009 in Bedminster, New Jersey.
Brian Marcus/Fred Marcus Photography via Getty Images
Source: Celebrity Net Worth
Though net worth is difficult to capture, ethics filings showed the couple’s real estate holdings and other investments were worth as much as $811 million in 2017, a larger stash than $761 million records showed they had in 2016.Jared Kushner and Ivanka Trump.
SAUL LOEB/AFP/Getty Images
Source: The New York Times
An ethics filing showed that Trump and Kushner earned at least $83 million in income in 2018, despite holding unpaid roles with the administration.Jared Kushner and Ivanka Trump
Joshua Roberts/Reuters
Sources: AP, The Guardian
Both Jared and Ivanka have a number of ongoing professional interests outside of politics.
Kevin Lamarque/Reuters
Kushner’s fortune primarily comes from his senior position with his family’s real-estate business, Kushner Companies, which handled more than $7 billion in deals over the past 10 years.In this Wednesday, March 29, 2017, file photo, a man walks out of the 666 Fifth Avenue office tower in New York. The company owned by the family of Jared Kushner is in talks to sell a stake in its struggling Fifth Avenue skyscraper to a real estate fund. Jared Kushner, President Donald Trump’s son-in-law, bought the skyscraper for a record $1.8 billion more than a decade ago when he was CEO of his family’s company, and the office building has been losing money ever since.
Richard Drew, File via AP
Source: The New York Times
Kushner bought The New York Observer in 2006 for $10 million. A former associate told Time magazine that his father, Charles Kushner, bought the paper for his son as a “graduation present.”Former New York Observer publisher Jared Kushner, co-owner Joseph Meyer, and former editor Ken Kurson attend The New York Observer’s 25th-anniversary party in 2013.
Evan Agostini/Invision/AP
Sources: The New York Times, Time Magazine, Business Insider
One of Kushner’s largest assets is the real-estate investment platform he cofounded with his brother Joshua, named Cadre. Previous disclosures show the company was worth at least $25 million at the end of 2017.Jared Kushner.
Alex Wong/Getty Images
Source: Associated Press
Ivanka Trump left her family organization after her father was inaugurated in January 2016 to take on a senior role in the White House.German Chancellor Angela Merkel speaks with Ivanka Trump during a roundtable discussion in the Cabinet Room of the White House.
Pat Benic-Pool/Getty Images
When Ivanka Trump left her position at the Trump Organization, she received $2 million in severance, which was paid after her father’s inauguration.Ivanka Trump and Donald Trump.
Evan Vucci/AP
Source: The Washington Post
The bulk of her assets are contained in a trust that controls her businesses. It was created in March 2017 to oversee her businesses and soothe ethics concerns.People have been speculating that Ivanka Trump may be nominated to be the next US Ambassador to the UN (the first daughter is pictured in July).
Evan Vucci/AP
Source: Washington Post
The Ivanka M. Trump Business Trust earned over $5 million in 2017, her financial disclosure forms show.A woman browses the “Ivanka Trump Collection” shop in the lobby at Trump Tower.
Drew Angerer/Getty Images
Source: Washington Post
In July 2018, Ivanka Trump announced her 7-year-old fashion label would be closing so she could focus on her work in Washington. The brand had previously been dropped by several major retailers amid outcry from customers.Ivanka Trump-brand high heels are on sale in the clearance section at a Century 21 department store in New York City.
Drew Angerer/Getty Images
Source: Business Insider
In 2017, Ivanka Trump also earned a reported $3.9 million from her stake in the Trump International Hotel in Washington, DC.The Old Post Office Building on Pennsylvania Ave. is seen at ground-breaking ceremonies for the Trump International Hotel in Washington on July 23, 2014.
Reuters/Gary Cameron
Source: Politico
She also took in $289,300 from an advance for “Women Who Work,” her third book that Penguin Random House published in May 2017.In this Sept. 3, 2015 file photo, books and DVD’s by Donald Trump and Ivanka Trump are for sale in the Trump Store in New York’s Trump Tower.
Mark Lennihan, File via AP
Sources: Washington Post, Amazon
After outcry over concerns that the book’s profits would violate ethics guidelines, Ivanka announced she would be skipping all promotion for the book and donate the unpaid portion of her advance and future royalties to charities.Ivanka Trump.
Getty Images
Source: USA Today
Altogether, Ivanka Trump made at least $12 million in 2017.President Donald Trump smiles as he walks with his daughter Ivanka Trump across the South Lawn of the White House in Washington, Tuesday, June 13, 2017, before boarding Marine One helicopter for the trip to nearby Andrews Air Force Base.
Pablo Martinez Monsivais/AP
Source: Washington Post
On the spending side, Ivanka Trump and Kushner paid $15,000 in rent every month for a 7,000-square-foot house in the Kalorama neighborhood in Northwest Washington, DC while Donald Trump was in office.Shown is the home which was purchased by Trump family members Ivanka Trump and Jared Kushner on Tracy Place in the Kalorama neighborhood of Northwest DC.
Screenshot via Google Maps
Source: Business Insider
Picturesque Kalorama is also home to Amazon CEO Jeff Bezos and former President Barack Obama and former First Lady Michelle Obama.
Harrison Jacobs/Business Insider
Source: Business Insider
Before setting down roots in Washington, Kushner and Ivanka Trump’s main residence was a four-bedroom penthouse in the Trump Park Avenue building.Trump Park Avenue in New York City.
Yana Paskova/Getty Images
Source: Town & Country
Documents show the couple’s art collection is worth up to $25 million. Many of the pieces are from young, up-and-coming artists and are primarily showcased through her social media posts.Jared Kushner and Ivanka Trump attend “Manus x Machina: Fashion in an Age of Technology,” the 2016 Costume Institute Gala at the Metropolitan Museum of Art.
Taylor Hill/FilmMagic/Getty Images
Source: Business Insider
As part of elite DC society, Kushner and Ivanka Trump’s eldest daughter, Arabella, attended the Jewish Primary Day School in Washington, where annual tuition runs a cool $26,100 for kids in prekindergarten to fifth grade.Jared Kushner and Ivanka Trump with daughter Arabella Kushner and son Joseph Kushner.
AP Photo/Evan Vucci
Source: Town and Country, Jewish Primary Day School
Ivanka Trump sparked controversy in a 2016 “60 Minutes” appearance, during which she wore a $10,800 diamond-and-gold bangle from her Ivanka Trump Fine Jewelry line. Her company sent out a “Style Alert,” urging people to tune into the interview, prompting conflict of interest concerns.
CBS/60 Minutes
—Jim Roberts (@nycjim) November 15, 2016
Sources: The New York Post
Ivanka Trump later prompted a wave of criticism when she posted a picture of herself in a $5,000 silver Carolina Herrera dress the same day the president signed the travel ban.
Ivanka Trump/Instagram
Source: MarketWatch
The couple is fond of skiing vacations and have caused stirs at resorts in Aspen, Colorado, and Whistler, Canada, when they visited the busy slopes around major holidays with teams of security agents. When she was the first daughter, they had to travel with secret service.Whistler ski resort in Whistler, British Columbia, Canada.
Robert Giroux/Getty Images
Sources: The Aspen Times, Jewish Insider
When the couple took a weekend trip to a luxury hotel in the Dominican Republic in 2017, the security bill cost $58,000 in taxpayer money. They paid for their own hotel costs.
Joe Raedle/Getty
Source: Business Insider
Also in August 2017, travel and lodging expenses for the Secret Service agents who accompanied Trump and Kushner on a two-day trip to the ritzy Twin Farms resort and spa in Barnard, Vermont, cost $13,940. The secret service agents reportedly stayed eight days.Jared Kushner, White House Senior Adviser, right, and his wife, daughter and assistant to the president Ivanka Trump, walk to join President Donald Trump aboard the Marine One helicopter Thursday, May 4, 2017, on the South Lawn of the White House in Washington, en route to New York City. In the foreground is a Secret Service Agent.
Jacquelyn Martin
Source: NY Daily News
The political power couple has been rich all their lives, and will likely have the opportunity to pass on immense wealth to their three kids, just like their parents did for them.Trump and Kushner at the inauguration.
Rob Carr/Getty Images
