Jared Kushner managed his family’s New York real estate company and owns millions in real estate and other assets. He sold some of his assets when he joined his father-in-law’s administration.

But he still owns stakes in numerous limited liability companies that often do not have any employees, offices, websites or operations that would make their purpose readily apparent. Some are owned through generic registered-agent offices in Dover, Del., and function as holding companies for other assets. Kushner’s representatives have said that his divestiture strategy was crafted to reduce potential conflicts of interest and that he has followed guidance from White House counsel and the Office of Government Ethics. His lawyers have said that he may sell more assets.

Real estate holdings

Financial investments

Bank accounts

Companies

Keeping

220 assets

In process of selling

Eight assets

Sold

74 assets

Real estate holdings

Financial investments

Bank accounts

Companies

Keeping

220 assets

Sold

74 assets

In process of selling

Eight assets

What his assets are worth

The companies, properties and other assets that Kushner still owns are worth between $167.5 million and $569.5 million. Kushner’s 54-page financial disclosure reveals little information about how — or why — he decided to keep certain holdings. It is not clear whether those personal business interests might benefit from his influential place in the White House.

There were some omissions in Kushner’s original form, which his lawyers say will be added in an upcoming revision. He did not disclose his specific stake in a real estate trading platform and his position with a Delaware limited liability company. Kushner's lawyers say he kept many widely traded and diversified financial investments that federal ethics rules classify as "excepted investment funds." He also held on to 14 federal bonds.

Kept

220 assets worth at least $167 million

BFPS Ventures is an investment vehicle that includes bank accounts, stakes of Cadre, which is a start-up real estate platform that Kushner founded with his brother Joshua, and other assets.

Kushner is keeping at least $5 million in shares of stock in Source Media Holdings, a digital marketing company.

In process of selling

Eight assets worth at least $35.6 million

Broadband Proliferation Partners, which is worth at least $5 million, owns the WiredScore website that rates buildings' internet connectivity.

Sold

Kushner did not have to list the value of

the 74 assets that he has already sold.

This includes shares of stock from federal contractors Boeing and Microsoft.

 

Real estate holdings

Bank accounts

Companies

Funds widely traded/diversified

Treasury bonds

Other financial investments

Kept

220 assets worth at least $167 million

BFPS Venturesis an investment vehicle that includes bank accounts, stakes of Cadre, which is a start-up real estate platform that Kushner founded with his brother Joshua, and other assets.

Kushner is keeping at least $5 million in shares of stock in Source Media Holdings, a digital marketing company.

In process of selling

Sold

Eight assets worth at least $35.6 million

Kushner did not have to list the value of

the 74 assets that he has already sold.

Broadband Proliferation Partners, which is worth at least $5 million, owns the WiredScore website that rates buildings' internet connectivity.

This includes shares of stock from federal contractors Boeing and Microsoft.

 

Real estate holdings

Bank accounts

Companies

Other financial investments

Funds widely traded/diversified

Treasury bonds

Kept

220 assets worth at least $167 million

BFPS Ventures is an investment vehicle that includes bank accounts, stakes of Cadre, which is a start-up real estate platform that Kushner founded with his brother Joshua, and other assets.

Kushner is keeping at least $5 million in shares of stock in Source Media Holdings, a digital marketing company.

Sold

In process of selling

Kushner did not have to list the value of

the 74 assets that he has already sold.

Eight assets worth at least $35.6 million

Broadband Proliferation Partners, which is worth at least $5 million, owns the WiredScore website that rates buildings' internet connectivity.

This includes shares of stock from federal contractors Boeing and Microsoft.

 

Who is managing the assets he sold

Some of Kushner’s holdings were placed into a trust managed by his mother. He has sold assets to third-party buyers and other family members, but his lawyers have declined to provide details on the purchases.

Charles Kushner

FATHER

Started the family real estate firm before he was imprisoned for making illegal campaign contributions and tax evasion.

MOTHER

Seryl Kushner

MOTHER

Trustee for some of the assets that Jared divested from.

Jared Kushner

Developer and entrepreneur married to Ivanka Trump who was chief executive of his family’s New York real estate firm.

Dara Kushner Orbach

SISTER

The oldest sister is not involved in the family business.

Nicole Kushner Meyer

SISTER

Pitched wealthy Chinese investors on the chance to invest with the family’s company in exchange for U.S. visas.

Joshua Kushner

BROTHER

Along with Jared, Joshua co-founded Cadre, a real estate investment platform. He also founded an investment firm, Thrive Capital, and co-founded Oscar, a health-care company. Jared's lawyers have not confirmed if any his assets were directly sold to Joshua during the divestment process.

Charles Kushner

Seryl Kushner

MOTHER

Trustee for some of the assets that Jared divested from.

FATHER

Started the family real estate firm before he was imprisoned for making illegal campaign contributions and tax evasion.

Jared Kushner

Dara Kushner Orbach

Developer and entrepreneur married to Ivanka Trump who was chief executive of his family’s New York real estate firm.

SISTER

The oldest sister is not involved in the family business.

Joshua Kushner

Nicole Kushner Meyer

BROTHER

Along with Jared, Joshua co-founded Cadre, a real estate investment platform. He also founded an investment firm, Thrive Capital, and co-founded Oscar, a health-care company. Jared's lawyers have not confirmed if any his assets were directly sold to Joshua during the divestment process.

SISTER

Pitched wealthy Chinese investors on the chance to invest with the family’s company in exchange for U.S. visas.

Charles Kushner

Seryl Kushner

FATHER

Started the family real estate firm before he was imprisoned for making illegal campaign contributions and tax evasion.

MOTHER

Trustee for some of the assets

that Jared divested from.

Jared Kushner

Dara Kushner Orbach

Nicole Kushner Meyer

Joshua Kushner

Developer and entrepreneur married to Ivanka Trump who was chief executive of his family’s New York real estate firm.

SISTER

Pitched wealthy Chinese investors on the chance to invest with the family’s company in exchange for U.S. visas.

SISTER

The oldest sister is not involved in the family business.

BROTHER

Along with Jared, Joshua co-founded Cadre, a real estate investment platform. He also founded an investment firm, Thrive Capital, and co-founded Oscar, a health-care company. Jared's lawyers have not confirmed if any his assets were directly sold to Joshua during the divestment process.

Where his properties are located

Kushner still owns 124 real estate properties, mostly residential units in the New Jersey suburbs of New York. His U.S. holdings are located as far west as Kansas City and as far south as Prince George’s County, and also include commercial and industrial buildings. His disclosure form lists one property in Argentina that he sold.

NORTH

Most of Kushner’s properties

are located in New Jersey.

N.Y.

N.J.

He is keeping

32 properties and selling 10 properties in New York City.

MD.

PA.

OHIO

He is keeping

10 commercial properties in Chicago.

IND.

ILL.

He owns one residential property in Kansas City.

MO.

N.Y.

He is keeping

10 commercial properties in Chicago.

He is keeping

32 properties and selling 10 properties in New York City.

Kushner owns one residential property in Kansas City.

PA.

OHIO

ILL.

IND.

N.J.

MD.

Most of his properties

are located in New Jersey.

MO.

N.Y.

He is keeping

10 commercial properties in Chicago.

He is keeping

32 properties and selling 10 properties in New York City.

Kushner owns one residential property in Kansas City.

PA.

ILL.

IND.

OHIO

N.J.

MD.

Most of his properties

are located in New Jersey.

MO.

About this story

The Washington Post reviewed Jared Kushner's public financial disclosure report, known as a Form 278e, for his role as a senior adviser to President Trump. The report was filed on March 31, 2017, and includes 54 pages of financial information on assets and income for Kushner and his spouse, Ivanka. Post reporters analyzed the form by categorizing which assets had been kept, sold or were in the process of being sold. Additionally, reporters classified assets by their type: including real estate, bank accounts, financial investments or other companies, to try to identify trends related to what he had sold or kept. The map was created by using geographical information given for real estate that Kushner identified on his form. Kushner's lawyers have said that his form will be revised in the future, and that he may decide to sell additional assets. Family member photos are from the Associated Press.

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