Jared Kushner Got Up to $3 Million From Companies That Benefited From Trump Admin Programs, Document [View all]

Source: The Daily Beast

Talk about family values.

Disclosures obtained by a watchdog group show that White House Senior Advisor Jared Kushner raked in as much as $3,000,000 from projects benefiting from Trump administration initiatives in 2019, plus up to $1,000,000 more in rent money from firms which later received COVID-related small business loans from the government.

The documents, released by Citizens for Responsibility and Ethics in Washington, show that the Kushner windfall includes revenues from a Jersey Shore luxury development that benefited from a real estate tax break publicly pushed by First Daughter Ivanka Trump—Kushner’s wife—in 2017.

Kushner reported earning $100,001 to $1,000,000 off an entity called Gellert 80 West End LLC, plus $100,001 to $1,000,000 from Pier Village Hotel III JV, LLC, and $343,000 from PV Bungalow LLC and what appears to be its bar. These companies are pieces of Kushner Companies’ sprawling Pier Village project in Long Branch, New Jersey, which Bloomberg Businessweek profiled in 2018 for its receipt of fiscal relief through the Opportunity Zones program.

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