--- title: Ivanka Trump Made $12 Million Last Year While Working for Free at the White House. Here's How description: In an ethics disclosure filed Monday, Ivanka Trump and Jared Kushner showed they made at least $82 million in 2017, for a high net worth. authors: - name: Brad Tuttle role: Senior Editor url: https://money.com/author/brad-tuttle/ bio: Brad Tuttle is a former senior editor at Money with over 10 years’ experience covering a vast number of personal finance topics, including careers, cars, travel, budgeting, investing, insurance, credit cards, consumer psychology, real estate, banking, and shopping and deals. education: Columbia University School of Journalism, MS at_money_since: 2014 articles: 366 covers: - Personal Finance - Banking - Business - Career Advice - Credit - Credit Cards - Economy and Politics - Education - Health and Wellness - Housing - Identity Theft - Insurance - Investing - Lifestyle - Loans - Mortgages - Pets - Professional Services - Retirement - Shopping - Taxes - Technology social: - https://twitter.com/bradrtuttle - https://linkedin.com/in/brad-tuttle-834b225 former_staff: true published: '2018-06-12T16:34:34.000Z' modified: '2024-04-17T10:35:15.000Z' section: Personal Finance tags: - politics - Wealth word_count: 631 canonical: https://money.com/ivanka-trump-net-worth-jared-kushner-income/ type: Article source: structured-blocks --- > **Disclosure:** We research all brands listed and may earn a fee from our partners. Research and financial considerations may influence how brands are displayed. Not all brands are included. [Learn more](https://money.com/page/disclaimer/). ![First daughter Ivanka Trump and White House Senior Advisor Jared Kushner, Washington, USA - 01 Jun 2018](https://img.money.com/2018/06/180612-ivanka-trump-jared-kushner-featured.jpg) *First daughter Ivanka Trump (R) and White House Senior Advisor Jared Kushner (L) walk across the South Lawn of the White House to join US President Donald J. Trump (not pictured) aboard Marine One en route to Camp David, in Washington, DC, June 1 2018.* Ivanka Trump and Jared Kushner, the daughter and son-in-law of the president who both serve as unpaid senior advisors in the White House, made at least $82 million last year. The couple's income originates from a wide variety of sources, including investments, trusts, dozens of real estate transactions, a book advance of nearly $300,000 for Ivanka Trump, and stakes in businesses like the nearly $4 million Ivanka Trump earned from her interest in the Trump International Hotel in Washington, D.C. The figures were released by the White House as part of an ethics filing on Monday night—the same evening that much of the world's attention was turned to [Singapore](https://money.com/capella-hotel-singapore-summit/), where [President Donald Trump and North Korea leader Kim Jong Un](http://www.time.com/longform/donald-trump-kim-jong-un-photos/) were meeting for a historic summit. According to the [*New York Times*](https://www.nytimes.com/2018/06/11/business/ivanka-trump-jared-kushner-investing.html), the ethics filing shows that Ivanka Trump and Jared Kushner earned at least $82 million in income last year, and could have made up to $222 million, compared to an estimate of $89 million to $201 million in 2016. As [CNN](http://money.cnn.com/2018/06/11/news/ivanka-trump-jared-kushner-finances/index.html) noted, the broad ranges come as a result of it being "impossible to calculate precise totals of income and assets because the documents — which are used throughout government — ask officeholders to disclose figures in ranges, such as '$100,000 to $1,000,000.'" What is the net worth of Ivanka Trump and Jared Kushner now? The answer isn't clear. The [*New York Times*](https://www.nytimes.com/2017/03/31/us/politics/ivanka-trump-and-jared-kushner-still-benefiting-from-business-empire-filings-show.html) reported in early 2017 that the couple's real estate and investment holdings could be worth up to $740 million. This week, the *Times* stated that the couple's holdings had increased to up to $811 million. Other sources have estimated that [Ivanka Trump's net worth](https://www.celebritynetworth.com/richest-celebrities/ivanka-trump-net-worth/) is roughly $300 million, and Jared Kushner's net worth could be [$800 million](https://www.celebritynetworth.com/richest-businessmen/jared-kushner-net-worth/). A spokesman for Ivanka Trump and Jared Kushner said that they have not significantly increased their wealth over the past year. "Their net worth remains largely the same, with changes reflecting more the way the form requires disclosure than any substantial difference in assets or liabilities,” Peter Mirijanian, a spokesman for the couple’s ethics lawyer, Abbe Lowell, said, according to the [*Associated Press*](https://apnews.com/a58af4a8454a4b3b8ee8ef127b99aaf1). Critics say that the many investments and transactions of Ivanka Trump and Jared Kushner raise serious concerns about conflicts of interest. It's unprecedented for individuals to be blood relatives and top advisors to a U.S. president, all while making tens of millions of dollars in the private sector. Here's some of what we know about how much money Ivanka Trump and Jared Kushner made last year. ## Ivanka Trump Income Altogether, Ivanka Trump made at least $12 million in 2017. She took in $289,300 in an advance for *Women Who Work*, the forthcoming book she is writing for Penguin Random House. When Trump left her position at the Trump Organization, she received $2 million in severance, paid after the inauguration of her father as president. Ivanka Trump also earned a reported $3.9 million last year from her stake in the Trump International Hotel in Washington, D.C., and $5 million from the Ivanka M. Trump Business Trust, which oversees her fashion brand and was created in March 2017. ![Washington D.C. Exteriors And Landmarks - 2016](https://img.money.com/2018/06/180612-ivanka-trump-jared-kushner-hotel.jpg) *General view of the Trump International Hotel Washington, D.C. at the Old Post Office on October 30, 2016 in Washington D.C., Washington D.C.* ## Jared Kushner Income and Debt Monday's disclosures show that Jared Kusher holds assets worth at least $181 million, compared to at least $140 million disclosed in the spring of 2017. He also earned at least $5 million in passive income from holdings in real estate developments, and reported more than $5 million in capital gains in 2017 just from the sale of one shopping mall, in the Bronx. In addition to earning tens of millions last year, the Trump-Kushner power couple have taken on significant debt, apparently mostly due to real estate purchases. "Kushner reported at least $27 million and as much as $135 million in outstanding liabilities," [*Bloomberg*](https://www.bloomberg.com/news/articles/2018-06-12/ivanka-trump-made-3-9-million-from-father-s-hotel-in-2017) reported. ```json { "@context": "https://schema.org", "@graph": [ { "@type": "BreadcrumbList", "@id": "https://money.com/ivanka-trump-net-worth-jared-kushner-income/#breadcrumb", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://money.com" }, { "@type": "ListItem", "position": 2, "name": "Personal Finance", "item": "https://money.com/personal-finance/" }, { "@type": "ListItem", "position": 3, "name": "Wealth Management", "item": "https://money.com/wealth-management/" }, { "@type": "ListItem", "position": 4, "name": "Ivanka Trump Made $12 Million Last Year While Working for Free at the White House. 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