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New disclosure shows growing Kushner wealth, debt

AP  |  Washington 

A newly-released financial disclosure form shows that Jared Kushner's wealth and debt both rose significantly over the year, an indication of the complex state of his finances and the potential conflicts that confront some of his investments.

The disclosure issued today by the shows that Kushner's assets totalled at least USD 181 million. His previous 2017 disclosure showed assets in the USD 140 million range. Kushner and his wife, Ivanka Trump, jointly held at least USD 240 million in assets last year.

But Kushner has also assumed growing debt over the past year, expanding his use of revolving credit accounts and taking on additional debt of between USD 5 and USD 25 million as part of his family company's purchase last year of a apartment complex.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, June 12 2018. 07:45 IST