Ivanka Trump and Jared Kushner earned a stunning amount a year ago

Tuesday, 12 Jun, 2018

Ivanka Trump and Jared Kushner earned at least $82m (£61m) in outside income in their first year as unpaid senior advisers to the president, disclosure forms cited by United States media say.

The filings show how the couple are collecting huge sums from other enterprises while serving in the White House, an extraordinary income flow that ethics experts have warned could create potential conflicts of interests.

The financial disclosures released by the White House and filed with the US Office of Government Ethics routinely show both assets and debts compiled in broad ranges between low and high estimates, making it hard to precisely chart the rise and fall of the financial portfolios of federal government officials.

A spokesman for Kushner's and Ivanka Trump's ethics counsel issued a statement on the financial disclosures, saying the couple followed their ethical obligations, but the forms don't allow them to properly describe their net worth. The yearly payments will total $1.5 million, according to the filings, which was a change made in consultation with Office of Government Ethics officials to reduce her "interest in the performance of the business".

Also released Monday were the disclosures covering Chief of Staff John Kelly, White House counselor Kellyanne Conway, and Nick Ayers, chief of staff to Vice President Mike Pence, The Wall Street Journal reports.

Minimum Size of Jared Kushner’s Wealth Rose in First Year in White House, Disclosure Shows

Ivanka Trump and Jared Kushner may be working as White House advisers, but the couple isn't doing too badly with their side gigs, bringing in at least US$81 million of outside income.

Ms Trump also reported $2m in earnings from the Trump Organisation and a $289,000 advance for her book, Women Who Work.

The Associated Press reports that the current disclosures reflect a possible rise in Kushner's assets, from at least $140 million in April 2017 to $181 million this spring.

While Kushner has dropped some of his stake in his family's real estate business, he still receives income from trusts invested in Kushner real estate ventures.

It is hard to determine the couple's precise income past year because the financial disclosures list assets, income and liability in broad ranges only.