His birth flower is Narcissus and birthstone is Tanzania, Turquoise, Zircon and Topaz. Name: Donald Trump. Known As:Business ExecutiveBirth Date:December 31, 1977Birthplace:New York City, New York, Current Age:43 years nationality:AmericanZodiac Sign:CapricornGeneration:Generation X.
Go to next page for details on Donald Trump.’s net worth and earnings. Critics of the arrangement, including Republicans, said the setup was designed to get around Federal Election Commission rules that require campaigns, political parties and other committees to disclose their spending in detail.
Stuart Stevens, a top aide to 2012 GOP nominee Mitt Romney’s campaign, was even more blunt: “That’s why Par scale has the job. FEC rules require that campaigns, political parties and other committees disclose all expenditures, including payments to employees.
Trump funneling donor money into his children’s households builds on his practice of funneling it into his own pocket, which began in 2016, right after he became the presumptive Republican nominee and began raising large amounts of GOP money. He also began billing the campaign five- and six-figure sums for use of his hotels and golf courses for hosting fundraisers.
His campaign still pays Trump Tower $37,542 a month in rent, even though it is based in a high-rise office building in Arlington, Virginia. The campaign and the RNC continue to host fundraisers at Trump ’s properties, putting hundreds of thousands of dollars at a time into his own cash registers.
“Gift and graft is the family business,” said Robert Waksman, president of the liberal group Public Citizen. The payments to Guilfoyle and Lara Trump may also complicate the Trump campaign’s efforts to attack presumptive Democratic nominee Joe Biden’s son Hunter Biden for accepting lucrative board memberships when his father was vice president.
Trump and his top aides in 2018 saw Joe Biden as the most dangerous threat to his reelection among the Democrats in the primary field and sought to damage his candidacy by raising questions about his son’s business activities. Indeed, Trump wound up getting impeached for trying to coerce the president of Ukraine into announcing an investigation into Hunter Biden, using $391 million in congressional approved military aid as leverage.
Even some Republican senators who voted to acquit him said that what Trump did was wrong and illegal but not bad enough to warrant his removal from office. Their earnings aren’t publicly available, and their holdings are tied up in private investments and shielded through opaque shell corporations.
Even Ivanka Trump ’s federally mandated financial disclosure form, with its broad loopholes and wide ranges, is of limited help. So Forbes dug into property records, court documents and government filings to unearth as much of the first family’s financial dealings as possible.
Neither has the first lady, besides a small Trump Tower apartment, 33 floors below the couple’s gilded penthouse, worth $1.5 million. Unlike most wealthy heirs, the Trump children haven’t gotten their riches from trust funds or received chunks of the family business through careful transfers over time.
Ivanka, whose company licensed her name to outside manufacturers, likely got around a 7% cut of her brands’ wholesale revenues, which are typically about half of retail sales, according to industry experts. Hit by her father’s divisive politics, sales reportedly plummeted, and in July 2018 she announced she was shutting down the entire operation, rendering it virtually worthless.
Much of their fortune remains tied up in Kushner Cos.’ commercial buildings and rental apartments, plus cash accounts and a portfolio of index and mutual funds. Ivanka still has her two-bedroom “starter” apartment on the sixth floor of the Trump Park Avenue building her father developed, worth about $3 million.
Owns a 5,900-square-foot apartment in a midtown Manhattan luxury tower and an upstate New York cabin, where the noted outdoors man fly-fishes in the Delaware River. He was among a group of investors who purchased an old Navy hospital in the city for $5 million, with a plan to renovate it and lease part of it back to the county.
It’s unclear whether Don Jr., who told Charleston’s Post and Courier he was a passive 10% investor “with no voting rights or control,” profited from the deal. And a group of investors bought the place as part of a prefab concrete business they hoped would revolutionize low-cost home building.
The president quietly sold the building, which had a history of roof leaks and environmental contamination, in February 2018 for $4.1 million. The youngest of the three siblings from the president’s first marriage, Eric Trump ’s finances appear to be the most closely tied to Donald Trump.
In addition to the winery deal, Ivanka’s disclosure lists a handful of stakes in ventures that shift money from Donald Trump ’s empire to members of his family. These businesses don’t seem to have thrown off major cash yet, according to financial disclosure forms, but they could provide avenues for the president to transfer significant wealth to his children.
(Ivanka converted her income stream from these ventures into fixed annuities for the duration of her tenure in government, in an effort to sidestep conflict-of-interest concerns.) The president’s parents, Fred and Mary Trump, appear to have made only minor bequests to their grandchildren, according to documents filed by their estates.
Yet the lack of detailed financial records, including Trump family tax returns, make it difficult to fully trace how much wealth has trickled down to the president’s children. When Forbes launched its inaugural list of the 400 richest Americans in 1982, Donald Trump personally lobbied harder than anyone for a higher spot on the ranking.
“ Donald claims $500 million.” In 1985, he invented a fake persona to lie about a transfer of wealth from his father, successfully securing a sole spot on the list. (born December 31, 1977) is an American businessman and former reality television personality.
He is the eldest child of the 45th President of the United States, Donald Trump, and his first wife, Ivana. He has faced criticism following the 2017 revelation of a meeting with a Russian lawyer, with the promise of receiving damaging information about the campaign of Hillary Clinton in the 2016 presidential election.
Currently works with his brother Eric as a trustee and executive director of a trust that controls The Trump Organization, a trust that was established to oversee all his father's assets during the latter's presidency. Per Day:Per Hour: Per Minute:Per Second: $$70,0003,000$$501.00Since you arrived at this page at Donald Trump.
(C) speaks with his brother Eric (2nd L) and wife Lara, as well as his girlfriend Kimberly Guilfoyle (R) during a “Keep Iowa Great” press conference in Des Moines, IA, on February 3, 2021.JIM WATSON/Getty Images The wife of one of Donald Trump ’s sons and the girlfriend of another one are each receiving $180,000 a year from the president’s reelection campaign.
The fact that the sons’ better halves are getting paid for their work on the reelection campaign isn’t new. The New York Times had already reported last month that Par scale Strategy, the campaign manager’s private company, was being used to make payments to Lara Trump and Guilfoyle.
In that piece, the Times described a scene in which Guilfoyle confronted Par scale about why her checks were always late. “Two people who witnessed the encounter said a contrite Mr. Par scale promised that the problem would be sorted out promptly by his wife, Candice Par scale, who handles the books on many of his ventures,” the Times reported without revealing how much they were each getting paid.
The confrontation described by the Times took place in June of last year, suggesting that the checks for Guilfoyle and Lara Trump are nothing new. Last month, Trump donors were among the people who picked up the tab for Guilfoyle’s lavish 51st birthday party in Mar-A-Lago.
Ivanka Trump and Jared Kushner took in as much as $135m in income during their second year as aides to Donald Trump, generated from their vast real estate holdings, stocks and bonds and even a book deal, according to their financial disclosures released Friday. Ivanka Trump ’s stake in her family’s Washington DC hotel down the street from the Oval Office generated $3.95m in revenue in 2018, barely changed from a year earlier.
Another big Ivanka Trump holding, a trust that includes her personal business selling purses, shoes and accessories, generated at least $1m in revenue in 2018, down from at least $5m the year before. Ivanka Trump announced in July of last year that she planned to close her fashion company to focus on her work as a White House adviser for her father.
The disclosures released by the White House and filed with the US Office of Government Ethics shows minimum revenue for the couple of $28m last year. The disclosures that must be filed by federal government officials show both assets and debts compiled in broad ranges between low and high estimates, making it difficult to precisely chart the rise and fall of the financial portfolios.
Among the dozens of sources of income was a $263,500 book advance for Ivanka Trump ’s Women Who Work: Rewriting the Rules for Success, published in 2017. Former and current tenants in the building have filed a suit against the Kushner Companies, alleging it used noisy, dusty construction to make living conditions unbearable in an effort to push them out so their apartments could be sold.
We’ve exposed billionaire tax evasion and uncovered White House efforts to poison our water. We’ve revealed financial scams that prey on veterans, and legal efforts to harm workers exploited by abusive bosses.
We’ve exposed billionaire tax evasion and uncovered White House efforts to poison our water. We’ve revealed financial scams that prey on veterans, and efforts to harm workers exploited by abusive bosses.