Jared Kushner Is Keeping 90% Of His Real Estate Empire
President Donald Trump’s son-in-law, Jared Kushner, has kept almost 90% of his real estate empire despite his role as a top White House adviser.
Though Kushner has divested from some of the properties owned by Kushner Cos. and has divested from his stake in connectivity rating business WiredScore, the mogul still holds 124 real estate assets valued between $132M and $407M, the Washington Post reports. This is after resigning from the family business in a move to divide his public duties from his private interests.
Kushner’s 54-page financial disclosure does not clearly explain why he chose to sell some assets while keeping the majority of his investments intact, and ethics experts said Kushner is asking Americans to trust that there are no conflicts of interest.
Numerous controversies, including the ongoing investigation into collusion allegations between Trump campaign staffers and Russian officials, are discouraging investors from making deals with Kushner Cos. and the Trump Organization.