Ivanka Trump is an American businesswoman, writer, heiress, and former model who features a combined net worth with her husband Jared Kushner of $800 million. She is the daughter of President Donald Trump.
Early Life and Modeling
Ivana Marie “Ivanka” Trump was born in Manhattan, NY City, on October 30, 1981. She is the second child of Ivana and Donald Trump and is best known by her nickname “Ivanka.” Her parents divorced in 1992 when she was ten years old. Because of her father, she has two brothers, a half-sister and a half-brother.
Trump graduated from the private school Choate Rosemary Hall in Wallingford, Connecticut, in 2000. She attended Georgetown University for two years before transferring to the Wharton School at the University of Pennsylvania, graduating in 2004 with a B.A. in economics.
While she was an adolescent still attending boarding school, she modeled on the weekends and holidays for brands such as Tommy Hilfiger, Sasson Jeans, Versace, Marc Bouwer, and Thierry Mugler.
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Career
Before joining the Trump Organization, the closed corporation, Ivanka Trump worked for Forest City Enterprises. She also joined forces with Dynamic Diamond Corp., a diamond trading company, to style a line of jewelry named Ivanka Trump Fine Jewelry.
The brand’s first flagship mercantile establishment, aptly named Ivanka Trump on Madison Avenue, was in Manhattan, although it later moved to the fashionable SoHo district in NYC before closing in 2015.
She later released her line of purses and footwear, sold through major U.S. and Canadian department shops such as Macy’s and Hudson’s Bay. Within some years of launching, her retail line generated $75 million per annum in revenue.
She followed up with a line of women’s workwear which quickly hit $100 million in annual revenue. Ivanka licensed her name for these deals and reciprocally received a 7% cut of the wholesale revenues. This resulted in around $10 million per annum in pre-tax earnings at her peak. She shuttered the lines in 2018, thanks to lagging sales.
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In 2015, Trump publicly endorsed her father’s presidential campaign. In January 2017, Trump resigned from her position at the Trump Organization. In March 2017, she was appointed “First Daughter and Senior Advisor to the Present” and is officially a government employee, although she takes no salary.
She has gone on to support her father’s administration and participate in official trips like the first W20 women’s summit in 2017, the 2019 G20 Osaka summit, and talks between her father and North Korean leader Kim Jong-Un in June 2019.
She also led a U.S. delegation to India in the fall of 2017 in global support of women’s entrepreneurship. In 2019, she launched her “Women’s Global Development and Prosperity Initiative.”
For this initiative, she has traveled to places like Ethiopia, Ivory Coast, Argentina, Colombia, Paraguay, and Morocco. She also promoted the initiative at the 74th United Nations General Assembly.
Television and Other Projects
In 2006, Trump filled certain Carolyn Kepcher on five episodes of her father’s television program “The Apprentice 5” and went on to exchange Kepcher as a primary boardroom judge during “The Apprentice 6” and “The Celebrity Apprentice.”
She hosted the Miss Teen USA Pageant in 1997 and has appeared on many television talk shows. She was once offered a spot on “The Bachelorette” show but declined.
Trump has authored two books: “The Trump Card: Playing to Win in Work and Life” (2009) and “Women Who Work: Rewriting the principles for Success” (2017).
After she was appointed advisor to the president, Trump announced she would donate the unpaid half the advance payments for “Women Who Work” to the National Urban League and the Boys and Girls Clubs of America.
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Personal Life
Ivanka Trump began dating land developer Jared Kushner in 2005 after meeting through mutual friends. They briefly broke up in 2008 but married in October 2009. Together, they have three children.
She was previously in relationships with Greg Hersch, an underwriter, and James “Bingo” Gubelmann. Although raised as a Presbyterian Christian, Trump converted to Orthodox Judaism in July 2009.
In 2017, her father, Donald Trump, was sworn-in because of the 45th president of the United States.
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Financial Disclosures
April 2017 financial disclosure showed that Kushner and Ivanka are the beneficiaries of a $740 million land and investment business. In personal disclosures, Jared has estimated his net worth at $325 million in 2017.
Jared’s closed corporation, the Kushner Companies, operates approximately $7 billion worth of land assets around the country. Between April 2017 and June 2018, Jared earned $1.5 million in income from Westminster Management which owns 20,000 apartment units in NY, Maryland, New Jersey, Pennsylvania, and Ohio.
His June 2018 disclosure adjusted the amount down slightly to $710 million. Ivanka’s 2018 disclosure reported $55 million worth of assets. It also stated that she earned $5 million from a trust valued at more than $50 million and another $3.9 million from her stake in the Trump International Hotel in Washington, DC.
Trump and her siblings, Donald Jr. and Eric, don’t have ownership stakes yet in most of their father’s businesses. However, they own 7.5% of the Trump International Hotel in Washington D.C. Over the last 20 years, the three siblings have each earned around $35 million in salary from their jobs at the Trump Organization.
