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Miles Archer

(18,837 posts)
Mon May 22, 2017, 09:31 AM May 2017

Plastic Action Figure Jared "resigned" from family business, but kept 90% of real estate holdings

Both would be luxury skyscrapers, complete with retail space and sweeping views of the Manhattan skyline. A new crosswalk would connect them, intended to link the two Kushner Cos. developments practically and visually.

But when Kushner prepared an ethics plan ahead of joining the White House as a top adviser to his father-in-law, President Trump, he drew a curious distinction between the two projects. He sold his stake in one while keeping his share of up to $5 million in the other.

Kushner, 36, who is emerging as a singularly powerful figure in the Trump White House, is keeping nearly 90 percent of his vast real estate holdings even after resigning from the family business and pledging a clear divide between his private interests and public duties.

The value of his retained real estate interests is between $132 million and $407 million and could leave him in a position to financially benefit from his family’s business.

https://www.washingtonpost.com/politics/kushner-keeps-most-of-his-real-estate-but-offers-few-clues-about-potential-white-house-conflicts/2017/05/21/35d7ceb4-3993-11e7-a058-ddbb23c75d82_story.html?utm_term=.5ba0a537edb8

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