Ivanka Trump Net Worth

Ivanka Trump’s Net Worth and Career: A Comprehensive Overview

Ivanka Trump is a prominent figure in American business, politics, and popular culture. She is the daughter of former President Donald Trump and a successful businesswoman in her own right. This article provides a comprehensive overview of Ivanka Trump’s net worth, career, early life, personal life, and various ventures. It explores her roles in the Trump Organization, her time in the White House, and her involvement in various philanthropic and business endeavors.

Early Life and Education

Ivana Marie “Ivanka” Trump was born on October 30, 1981, in Manhattan, New York City. She is the second child of Ivana and Donald Trump. Her parents divorced in 1992 when she was ten years old. She has two brothers, Donald Jr. and Eric, and two half-siblings, Tiffany and Barron Trump. Ivanka spent her formative years in New York City, attending prestigious schools and experiencing a privileged upbringing. She is often recognized by her nickname “Ivanka.”

For her education, Trump attended the all-girls boarding school, Choate Rosemary Hall, in Wallingford, Connecticut, graduating in 2000. She then attended Georgetown University for two years before transferring to the Wharton School of the University of Pennsylvania, where she earned a Bachelor of Arts degree in economics in 2004. Her academic background laid a foundation for her future business endeavors.

Modeling Career

During her teenage years, while attending boarding school, Ivanka Trump pursued a modeling career, primarily on weekends and during holidays. She appeared in campaigns for renowned brands, including:

• Tommy Hilfiger
• Sasson Jeans
• Versace
• Marc Bouwer
• Thierry Mugler

This early exposure to the fashion and media industries provided her with valuable experience and helped build her public profile, which would later be beneficial for her business and personal ventures.

Business Ventures and The Trump Organization

After graduating from the University of Pennsylvania, Ivanka Trump joined the family business, The Trump Organization. She held various executive roles and focused on the company’s real estate and hotel management initiatives. Her contributions were instrumental in shaping the company’s projects and expanding its reach.

In addition to her work at the Trump Organization, Ivanka launched her own fashion line, which included clothing, accessories, and footwear. The brand quickly gained popularity and generated significant revenue. Initially, her retail line generated north of $75 million per year. She followed up with a line of women’s workwear, which quickly hit $100 million in annual revenue. She licensed her name for these deals and received a 7% cut of the wholesale revenues. This resulted in around $10 million per year in pre-tax earnings at her peak. The retail line was sold in major U.S. and Canadian department stores, such as Macy’s and Hudson’s Bay. She shuttered the lines in 2018 due to lagging sales. Her ability to create and manage a successful brand demonstrated her entrepreneurial skills and business acumen.

Before joining the Trump Organization, she worked for Forest City Enterprises. She also joined forces with Dynamic Diamond Corp., a diamond trading company, to design a line of jewelry named Ivanka Trump Fine Jewelry. The brand’s first flagship retail store, 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.

Political Career and White House Role

In 2015, Ivanka Trump publicly endorsed her father’s presidential campaign. During the campaign, she played a significant role, often speaking at rallies and advocating for his policies. Her involvement helped to humanize the campaign and appeal to a wider audience.

Following Donald Trump’s inauguration in January 2017, Ivanka resigned from her position at the Trump Organization to avoid conflicts of interest. In March 2017, she was appointed as a Senior Advisor to the President, focusing on issues such as workforce development, women’s empowerment, and childcare. She served in this capacity throughout her father’s presidency, often representing the administration at international events and working on key policy initiatives.

Some of her notable engagements include:

• The first W20 women’s summit in 2017.
• The 2019 G20 Osaka summit.
• Talks between her father and North Korean leader Kim Jong-Un in June 2019.
• Leading a U.S. delegation to India in the fall of 2017 in global support of women’s entrepreneurship.

She left her position in the White House in January 2021, following her father’s term.

Personal Life and Family

Ivanka Trump married real estate developer Jared Kushner in 2009. The couple has three children together, further intertwining their lives and careers. The couple met through mutual friends in 2005. They briefly broke up in 2008 but got back together and married in October 2009. Trump converted to Orthodox Judaism in July 2009, reflecting her commitment to her family and faith. She was previously in relationships with Greg Hersch, an investment banker, and James “Bingo” Gubelmann. In 2017, her father, Donald Trump, was sworn in as the 45^th president of the United States.

Financial Disclosures and Real Estate Holdings

Ivanka Trump and her husband, Jared Kushner, have significant financial holdings. A financial disclosure from April 2017 revealed that they were the beneficiaries of a $740 million real estate and investment business. Jared Kushner’s personal net worth was estimated at $325 million in 2017. His family business, the Kushner Companies, operates approximately $7 billion worth of real estate 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. His June 2018 disclosure adjusted the number 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 that is valued at more than $50 million and another $3.9 million from her stake in the Trump International Hotel in Washington, DC.

In December 2020, it was revealed that Jared and Ivanka purchased an undeveloped 1.8-acre plot of land on Indian Creek, an exclusive private island in Miami, for $30 million. The seller was Julio Iglesias. Other residents on the island include Beyoncé & Jay-Z, among others. The island is known as the “Billionaire Bunker” due to its exclusivity and high-profile residents.

Trump and her siblings, Donald Jr. and Eric, technically do not have ownership stakes yet in the vast majority of their father’s businesses. They each owned 7.5% of Trump International Hotel in Washington, D.C. Over the last two decades, the three siblings have each earned around $35 million in salary from their jobs at the Trump Organization.

Television and Other Projects

Beyond her business and political endeavors, Ivanka Trump has also been involved in television and other projects. In 2006, she filled in for Carolyn Kepcher on five episodes of her father’s television program “The Apprentice 5” and later replaced Kepcher as a primary boardroom judge during “The Apprentice 6” and “The Celebrity Apprentice.” She has also hosted the Miss Teen USA Pageant in 1997 and appeared on numerous television talk shows. She was once offered a spot on the show “The Bachelorette” but declined.

Ivanka Trump has authored two books:

• “The Trump Card: Playing to Win in Work and Life” (2009)
• “Women Who Work: Rewriting the Rules for Success” (2017)

After becoming an advisor to the president, Trump announced she would donate the unpaid portion of the advance payments for “Women Who Work” to the National Urban League and the Boys and Girls Clubs of America. She also supports other charities, including Chai Lifeline and United Hatzalah.

(Photo by Chip Somodevilla/Getty Images)

Conclusion

Ivanka Trump’s career spans business, fashion, politics, and writing, making her a multifaceted figure in contemporary America. From her early modeling days to her executive roles in the Trump Organization and her time as a White House advisor, she has consistently been in the public eye. Her financial success, family life, and philanthropic endeavors all contribute to the narrative of a woman who has navigated various industries and roles. Ivanka Trump remains a significant figure whose actions and influence continue to be of interest and discussed widely.