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Trump financial docs reveal Mar-a-Lago suffered $1.3m slump while Ivanka and Jared earned $36m in outside income in 2019

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Trump financial disclosure documents revealed Mar-a-Lago suffered a $1.3m revenue slump, while Ivanka and Jared earned $36million in outside income.

Forms are required to be submitted yearly to The Office of Government Ethics, and were released late Friday, CNN reported.

Trump's Mar-a-Lago property suffered a $1.3million revenue slump last year compared to the year before

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Trump’s Mar-a-Lago property suffered a $1.3million revenue slump last year compared to the year beforeCredit: Getty Images – Getty
Mar-a-Lago brought in $21.4million in 2019

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Mar-a-Lago brought in $21.4million in 2019Credit: Getty Images – Getty
Jared Kushner and Ivanka Trump, who both work as White House Senior Advisors, earned $36million in outside income in 2019

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Jared Kushner and Ivanka Trump, who both work as White House Senior Advisors, earned $36million in outside income in 2019Credit: Reuters

President Trump’s financial documents revealed that The President’s Mar-a-Lago Club in Florida, took a $1.3million slump in revenue compared to 2018, CNN reported.

The property pulled in $21.4million in 2019, down from $22.7million the year prior.

Numbers from 2019 were down $3.7million from 2017, when the property raked in $25.1million.

Revenues for 2020 have not yet been disclosed, but Mar-a-Lago – along with Trump’s Doral property in Miami and Trump International in Washington – were closed down in March amid the pandemic.

As Mar-a-Lago sales slumped in 2019, Trump’s Doral property saw a jump, with $77.2million in revenue in 2019 – up $1.3million from the year before, CNN reported.

Trump's reported assets totaled at least $1.35billion

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Trump’s reported assets totaled at least $1.35billionCredit: AFP or licensors
Ivanka and Jared arrive at the House Chamber ahead of President Trump's State of the Union address on February 4, 2020

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Ivanka and Jared arrive at the House Chamber ahead of President Trump’s State of the Union address on February 4, 2020Credit: Reuters

According to CNN, numbers at Trump International in the nation’s capital stayed stagnant, bringing in around $40million.

Overall, however, the Trump Organization saw a 2percent jump in revenue, at $446.3million in 2019, compared to $434.9million in 2018, The New York Times reported.

Eric Trump, who serves as the executive vice president of The Trump Organization said in a statement sent to The Sun: “2019 was a fantastic year for our country and one of the best years in the history of The Trump Organization.

“As shown in the President’s Financial Disclosure Form released today, our businesses thrived with strong revenues while remaining underleveraged and maintaining very low levels of debt.

He added he is “very proud of what we accomplished in 2019.”

Trump’s reported assets totaled at least $1.35billion, The New York Times reported.

Numbers are typically released in May.

NINTCHDBPICT000599380394-1

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NINTCHDBPICT000599380394-1Credit: Reuters

Due to the coronavirus pandemic, however, White House staff were given a 45-day extension, CNN reported.

Ivanka – the president’s daughter – and her husband, Jared, saw a reported $36.2milliion in income while working in the White House, The Washington Post reported.

The money came from business they own that have commercial and residential properties, The Post reported.

However, the total amount the couple made may be as high as $157million, as the documents only show ranges for assets and liabilities they hold, according to The Post.

Reports came just weeks after The Supreme Court ruled in early July that Trump’s tax returns would be sent to the New York District Attorney.

 Ivanka Trump and Jared Kushner during a tour of Westminster Abbey in June 2019

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 Ivanka Trump and Jared Kushner during a tour of Westminster Abbey in June 2019Credit: Rex Features

Congress would not be allowed to see the returns for the time being, however.

The ruling came amid demand from Democrats – including presidential candidate Joe Biden – to release his tax returns.

Unlike many other public officials and the past six presidents, Trump has never revealed his tax returns.





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