"Who's Worth What" - White House Releases Financial Disclosures Of Key Staffers

Tyler Durden's picture

President Trump night released details of the personal finances of his staffers late on Friday, including his son-in-law Jared Kushner and daughter Ivanka, which once again confirmed that most of the people in his immediate circle are very wealthy. The legally required disclosure documents provided a snapshot of assets and positions held by personnel when they first entered their new jobs at the White House, and before they started selling stocks and other assets that could pose conflicts of interest, according to White House ethics officials.

Curiously, the White House did not actually create a public depository of the filings, so AP, Propublica and the NYT created a shared drive for all the disclosures so far.

Here are the key highlights via the NYT and Reuters:

  • Jared Kushner and wife Ivanka Trump released a 54-page report which included "scores of assets worth six- and seven-figures". According to a NYT breakdown, the president’s daughter and son-in-law are the beneficiaries of a sprawling real estate and investment business worth as much as $740 million, despite their new government responsibilities. Ivanka will maintain a stake in the Trump International Hotel in Washington, and earned from $1 million to $5 million from January 2016 to March 2017, the value of stake was estimated at $5 million to $25 million. Kushner held executive positions with 266 LLCs, corporations, groups and non-profits, which he has resigned from since January.
  •  Stephen K. Bannon, the president’s senior adviser, made between $1.3 and $2.3 million last year according to his 12 page disclosure report, which showed stakes in various advisory companies and movie studios but no stock holdings. Bannon's pre-White House bank accounts, real estate and other holdings were valued at between $3.3 million and $12.6 million. Bannon disclosed $191,000 in consulting fees he earned from Breitbart News Network, the conservative media organization; $125,333 from Cambridge Analytica, a data firm that worked for the Trump campaign; and $61,539 in salary from the Government Accountability Institute, a conservative nonprofit organization. All three organizations are backed by the major Republican donors Robert Mercer and his daughter, Rebekah profiled recently. According to the NYT, Bannon’s most valuable asset was Bannon Strategic Advisors Inc., a privately held consulting firm from which income from his other investments appeared to flow into. It was valued at $5 million to $25 million. He also listed the value of his Bannon Film Industries at $1 million to $5 million. His bank accounts were valued at as much as $2,250,000, while he listed rental real estate valued at as much as $10.5 million.
  • Gary Cohn, the former Goldman Sachs president and now head of the White House National Economic Council, disclosed assets worth $252 million to $611 million. Little information was given on several of his assets and only indicated they were worth more than $1 million. That makes Cohn, now the director of the National Economic Council and a central adviser to Mr. Trump, one of the wealthier members of the already-affluent Trump administration, which includes more than one billionaire. According to the NYT, in addition to the millions of dollars in cash and stock Cohn received from Goldman that made up the lion’s share of his personal assets, he held a slew of positions in publicly traded stocks — many of which he has already said he plans to sell — and in various private entities. Those entities include a stake valued at more than $1 million in a consumer education and consulting business called Payoff, a position in a cosmetics retailer also valued at more than $1 million, investments in several self-storage concerns in Ohio valued at $100,000 or more each, and an investment in a venture capital fund run by Andreessen Horowitz, the Silicon Valley powerhouse, valued at $100,000 or more.
  • Kellyanne Conway, one of Trump’s top advisers, was not quite in the same wealth category as some of her superrich colleagues. Conway made over $800,000 last year, her filing shows. As head of her own consulting firm, Conway’s clients included an assortment of conservative causes, including the National Rifle Association and the Tea Party Patriots, as well as Cambridge Analytica, the political data firm that advised Mr. Trump’s campaign. She was also paid for a speaking engagement at Point72 Asset Management, the investment firm run by the billionaire stock picker Steven A. Cohen.
  • Reince Priebus, White House Chief of Staff, disclosed assets of between $604,000 and $1.16 million and income of $1.42 million. About $566,000 of his income came from the Republican National Committee and the rest from his partnership in a Milwaukee law firm.
  • Reed Cordish, a Baltimore real estate developer before he become Trump's technology adviser, disclosed pre-White House assets of between $92 million and $798 million. He had income of between $48 million and $55 million.
  • Julia Hahn, a former Breitbart.com reporter until she went to work in the White House, disclosed a PNC custodial account valued at $500,000 to $1 million. Various stock funds listed on her financial disclosure are worth as much as $1.5 million. As the NYT put, it "her work as a journalist was also nothing to sneeze at." As a reporter, she made $117,217 last year at Breitbart. On top of that, she earned $74,082 from Laura Ingraham’s radio show.
  • Dina Powell, who serves on the National Security Council, made between $1.08 and $6 million last year. Her assets stand at over $9 million.
  • Donald McGahn, chief White House Counsel, disclosed income of $2.4 million at Jones Day, where his clients included Trump, the NRA, and Aaron Schock (the Illinois lawmaker charged with federal corruption).
  • Omarosa Manigault, a former contestant on Trump's reality show the Apprentice and now is a White House adviser, had a modest income under $100,000. The disclosures showed she is a beneficiary of a trust established by her late fiance, actor Michael Clarke Duncan, worth between $1 million and $5 million. Manigault is currently engaged to a Florida pastor. Forms show she received a wedding dress, veil and accessories worth $25,000 for an appearance on the reality show "Say Yes to the Dress."
  • Peter Navarro, Trump’s trade czar and resident China hawk, is not a wealthy man, but his salary as an economics professor at a public university wasn’t bad. According to his disclosure form,Mr. Navarro earned $240,000 in salary and bonuses from the University of California, Irvine. He also earned $10,500 for delivering a speech in November to the Casket & Funeral Supply Association of America.
  • Sean Spicer, the press secretary, reported stakes in the Coca-Cola Company, McDonald’s and several real estate investments. But, despite his much-discussed taste for cinnamon-flavored gum, he reported no investments in chewing gum companies (although he does invest in Walmart, which sells chewing gum).
  • Sebastian Gorka, a deputy assistant to Mr. Trump and a former editor at Breitbart News, reported consulting fees of $38,200 from Breitbart. He also reported royalties of $50,000 to $100,000 for his book “Defeating jihad: The Winnable War” — and also said that he signed a contract for a second book.
  • Boris Epshteyn, who served during the presidential campaign as one of Mr. Trump’s chief attack dogs and television talking heads, stills owes over $50,000 on college loans he took out more than a decade ago, his filing indicates. Recently, Mr. Epshteyn left his White House post under circumstances that were unclear.
  • Jason Greenblatt, the Trump Organization lawyer tasked with helping to bring peace to the Middle East, disclosed $1,025,000 in compensation from Mr. Trump’s company last year.
  • Michael Ellis, who reportedly shared intel on Trump surveillance with House Intel Chairman Devin Nunes, owes more than $30K in student loans.

* * *

The full list of disclosures, which excludes president Trump and vice president Pence

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
IridiumRebel's picture

Can we get some homeless losers into gov? You know, some folks who have accomplished nothing and carry a shitty whiskey flask on their ass everywhere they go? We need everyday losers running things.

Belrev's picture

Yeah. Let's get workers and peasants into government. They will know what to do and will be perfectly honest with not past baggage and shady connections.

FrozenGoodz's picture

Crybaby in chief pouting on Twitter again on a Saturday morning ... needs a bottle

Winning

DingleBarryObummer's picture

At least we will only have to deal with this for 4 years.  He's already alienated his base by siding with Ryan against the Freedom Caucus for his shitty Obamacare-lite nonsense that he wants to stuff down our throats.

max2205's picture

Most MSM top reporters make 10 mill a year....Fuck those hypocrites 

Duc888's picture

 

 

keep dreaming.........

DingleBarryObummer's picture

"I identify more as a democrat and Hillary would make good president" DJT
https://www.youtube.com/watch?v=8W04lif5XCI&t=5s

TheLastTrump's picture

I'm Trump's base & he hasn't alienated ME so I call YOUR POST FAKE NEWS. :)

TheLastTrump's picture

I fucking LOVE TRUMPS TWITTER POSTS, keep them coming.

 

Dude's a maestro.

 

Weird how I'm not seeing too many statements anymore about that wiretapping that never happened.

 

It's almost like the media & their shills are waiting for the other shoe to come down on their heads as they scuttle out of the kitchen light.

DontGive's picture

You mean the like the poor ol'e Cuntons? They only knows how to make money the good ol'e way.

Don't forget they stole everything not nailed down at the WH, including the furniture. Or was that considered charity on behalf of the tax slaves?

Pure Evil's picture

Well, obviously when the Cuntons left the White House they were poorer than dirt, why else would they steal all that furniture and dishware.

Although they made a killing after the Haitian earthquake selling children to the Washington D.C. pedophile network.

And, don't forget all the filthy lucre they loaded up on from the donations to help the children in Haiti with approximately less than 15% actually used for charity work.

But, let's not focus on the petty misdealings of the Cunton Crime Family, after all it was For The Children.

giorgioorwell's picture

Or how about some actually wealth job creating intelligent folks who made their money in something other than real estate grift, finance grift, fossil fuel cronyism or inherited funds?    Sorry, Trump's team is hardly the Ayn Randian job creating elite dream team...they are a bunch of wealthy con-artists.  Point out on to me that has an impressive resume that doesn't involve gaming/leaching off the real estate and finance system or sucking off the pipe of dirty oil.

Sebastion's picture

If accomplishments were what counted then we would have President Gates or Bezos, not these middle of the roaders whose best skill is exploiting the system and screwing common man.

Pure Evil's picture

If purchasing an already written Disk Operating System and then copying a well known desktop counts as an accomplishment then yeah, you could say he was successfull screwing people putting out Blue Screens of Death.

IridiumRebel's picture

Let's go vax some Africans.

Pure Evil's picture

Well, those resources in Africa belong to those who know how to exploit them the best.

And, if 50+ billion anoints you as the chosen one with the power of life and death decisions then who are the peasants to complain.

Anyway, they're all just useless eaters that don't own computers nor have the means to purchase Microsoft's latest operating system, so as we all know, problems require solutions.

If that means pretending you're Dr. Mengele then so be it.

Sebastion's picture

Losers make excuses. scoreboard

TheLastTrump's picture

SCOREBOARD: TRUMP.

 

This looks like excuses to me lamebrain>>

 

Sebastion IridiumRebel Apr 1, 2017 9:33 AM

If accomplishments were what counted then we would have President Gates or Bezos, not these middle of the roaders whose best skill is exploiting the system and screwing common man.

 

I THINK TRUMP HAS ACCOMPLISHED A SUBSTANTIAL AMOUNT IN LIFE...WOULD YOU NOT AGREE?

TheLastTrump's picture

You've mentioned 2 extreme Democrat liberal fucktards, at least one of whom is involved in seditious acts against the President of the United States.

 

You're outed as a worthless fuck.

IridiumRebel's picture

I downvoted me too. Yeah, more career pols should do it.

man from glad's picture

How about some middle class folks that know how to run a biz and work with their hands? There are millions of them to draw from. Pols always go to the Goldman Sachs types.

TheLastTrump's picture

Here's a guy that's pandering to the middle class by telling them that Trump didn't actually win the election. If you base your platform on easily disproven lies what kind of a platform is it?

 

The Democrats are doubling down on stupid. Maybe because that's all they know. Like the Repubs making a mess out of leading.

 

http://dailycaller.com/2017/03/31/perez-trump-didnt-win-the-election-rep...

man from glad's picture

The Democrats may be doubling down on stupid but if the GOP doesn't get on board the Trump train they are gonna get a drubbing in 4 years.

Gardentoolnumber5's picture

"your true dull minds are generally preferred for public employ, and especially promoted to city honors; your keen intellects, like razors, being considered too sharp for common service." -Washington Irving-

TheLastTrump's picture

The smell, don't forget the fucking stench.

 

That was a choice post dude.

Xena fobe's picture

Being wealthy demonstrates attaining wealth is your highest priority. Unfortunately, we seem to equate wealth and power with virtue and competence. 

Anteater's picture

Reed Cordish, a Baltimore real estate developer before he become Trump's technology adviser...

You can stop reading right there. 1,000 points of hot Solyndra grift, comin' up!

The UNELECTED Czar and Czarina of All Things will make sure to purge all the Little Nebishes from Trump's comingled Corporate:State Empire, then we'll watch as our Health and Hunan Services, our SS and MC, is bled off to feed the Usurpers, and their FED-MIC Mafia need to greed.

The Power of the Czar of All Things compels it!

The Power of the Czar of All Things compels it!

The Power of the Czar of All Things compels it!

Bomb the Gooks for Jesus! Amen....

DingleBarryObummer's picture

What I'd really like to see is who the private shareholders of the Federal Reserve Bank are.  How can we fight the (((overlords))) if we don't even know who they are?

Giant Meteor's picture

Exactly, let's focus on the entities and those who cannot be named, that make this shitshow possible ..

DingleBarryObummer's picture

Forgive my ignorance but would an audit of the FED disclose such things?  Or would the reason to do an audit be to see if they were giving massive low interest loans for foreign entities that were against the interests of the USA?

I'm wondering if this "audit the FED" is yet another smoke and mirrors show.

Giant Meteor's picture

Don't "audit the FED", dismantle, arrest and prosecute ..

The FED, makes this shit show possible ..

Good faith (theirs) and credit (theirs)

DingleBarryObummer's picture

But Ron Paul, who authored the famous book "end the fed," seems to think the audit would be a step in the right direction.

T-NUTZ's picture

The private shareholders of the Federal Reserve Bank are:

 

The Bank of America

Goldman Sachs

JP Morgan Chase

Citibank

Morgan Stanley

Wells Fargo

TheLastTrump's picture

If you own stock in these banks YOU ARE the Federal Reserve.

 

Or have accounts with them, a mortgage or a car loan.

DingleBarryObummer's picture

aren't those are the public shareholders...?

I want to know the undisclosed private investors

Again, would the audit the Fed bill disclose this?

Isn't the resistance against an audit a bit suspect?

Brother Nathaneal gives his take here: https://www.youtube.com/watch?v=fZByXz0i-zY

SHEEPFUKKER's picture

Everyone's so rich....apparently big govie is a better gig. 

TheLastTrump's picture

Nonsensical lol. They just started working for the govt and they're already rich.

 

Reading comprehension is for dummies too you know.

Stan522's picture

They are filled with a bunch of outsider billionaires who became successful from their own efforts.....

TheLastTrump's picture

"from their own efforts"

 

The BIG difference between Democrat politicians and Republican politicians, in general.

 

Democrats get rich off laws they craft & networks they create while being paid by tax dollars.

Giant Meteor's picture

Who gives a shit, let's stay focused on criminal actions, treason from withiin .. past and present .. 

And hell, that is going to take awhile ..

 

small axe's picture

I wonder what the janitors at the White House say when they gossip about their glitterati bosses.

Same as it ever was.

JailBanksters's picture

Just a bunch of Jews that got rich because they knew other Jews.

It's gone from a Boyz Club to a Jew Club

DingleBarryObummer's picture

In Kushner's case it's because he was born into a family of white collar thieving felons.

Anteater's picture

Just doing God's Work.

"I can't tell you where all the money went!" Benhamin

That's your life savings and SS/MC he's talking about.

https://youtu.be/D97gP-1zyqQ

TheLastTrump's picture

Yeah it's the JOOS.

 

I always suspected it. I'm glad others think the same way, that's how I know that I'm right.

TheLastTrump's picture

See, look at them LIE LIKE DOGS >>>> "worth as much as $740 million, despite their new government responsibilities."

  

That statement above is saying that the Kushners should not have or make that much money because NOW THEY WORK FOR THE GOVT.

 

 

That's a lie. MEDIA LIES MATTER & PRODUCE CONCRETE RESULTS OVER TIME. Like RIOTS. Lying bloodstained media.

 

Uninformed stoned products of food deserts WILL NEVER REALIZE HOW THIS STATEMENT & OTHERS LIKE IT HAVE BRAINWASHED THEM INTO BELIEVING LIES. It takes EFFORT to know the truth.

Pure Evil's picture

Continuing last nights meme:

 

"The truth is out there"

 

only problem is most people wouldn't recognize the truth if it stoop up and slapped them in the face.

Bill of Rights's picture

They look poor when compared to the thieving no good scum fuck democrats ...

Take your tick down arrow and stick it up your cunt ass.. truth hurt cunt?