Ivanka Trump and hubby worth almost $1 billion

International Desk: US President Donald Trump has released details of the personal finances of his staffers, which show son-in-law Jared Kushner and daughter Ivanka are worth almost $A1 billion.

The revelations were part of a release of financial interests legally required by the White House which detailed the wealth assets of around 180 senior Trump officials at the time they entered government service and before they started selling stocks and other assets that could pose conflicts of interest.

In disclosing the figures, The New York Times reported that Ms Trump will retain a stake in the Trump International Hotel in Washington, D.C., which has been the subject of controversy and protests from ethics experts.

Their concerns have centred on whether the hotel could allow the Trumps to profit from foreign governments or special interests who stay at the hotel “in order to curry favour with the administration”.

The Times reported that Mr Kushner’s disclosures showed that Ms Trump earned between $US1 million and $US5 million ($A1.3 million and $A6.55 million) from the hotel between January, 2016, and March, 2017, and estimated the value of her stake at between $US5 million and $US25 million ($A6.55 million and $A32.8 million).

Source: Agencies

 

risingbd/Dhaka/April 01, 2017/A K Azad