After 71 days of President Trump draining the swamp, what we’ve found as we get closer to the bottom is money, lots and lots of money — in the financial disclosures of his White House advisers.
The ethics filing released Friday night by the White House detailed the assets of nearly 200 Trump staffers, including first daughter Ivanka Trump and her husband Jared Kushner, chief strategist Steve Bannonand right down to Omarosa Manigault, “The Apprentice” star turned White House political aide. Information on Trump and Vice President Mike Pence were not included.
“I think one of the really interesting things that people are going to see today — and I think it’s something that should be celebrated — is that the president has brought a lot of people into this administration, and this White House in particular, who have been very blessed and very successful,” Press Secretary Sean Spicer said, adding that they “have given up a lot to come into government by setting aside a lot of assets.”
While it remains to be seen how much of their previous ventures Trump’s advisers have actually given up since occupying the White House, this administration is arguably the wealthiest in U.S. history, with Bloomberg estimating its worth at $12 billion in December.
The Office of Government Ethics, which reviewed the disclosures to avoid conflicts of interest, said that 25 percent of Trump’s advisers have “extremely complex” filings, another way of saying they are very wealthy.
Comparatively, the financial disclosures of three-quarters of Trump’s predecessor Barack Obama’s staff were marked as “simple” or “moderate” by the office. Just a third of Trump’s fell into those categories.
So just how wealthy are those blessed advisers according to Friday’s filing of wealth and assets? Let’s take a look at some of the major players in Trump’s inner circle.
• Ivanka Trump and Jarad Kushner
The president’s daughter, who was just given an unpaid, informal advisory role in the White House, and son-in-law, a powerful senior adviser to Trump, are worth more than $740 million, thanks to their real estate and investment empire.
• Steve Bannon
The privately held consulting business of the chief strategist and former head of conservative media company Breitbart News was valued between $5 million and $25 million. Among other ventures, his rental real estate is worth more than $10 million, the report disclosed.
• Kellyanne Conway
Counselor to the President Conway made at least $842,614 in 2016, and has assets valued between $11 million to $44.2 million.
• Gary D. Cohn
In 2016, the head of the National Economic Council’s income was between $48 million and $77 million. The former Goldman Sachs president’s assets are valued between $253 million and $611 million.
• Reince Priebus
The White House chief of staff’s assets total between $604,000 and $1.16 million, and roughly $566,000 of last year’s $1.42 million income came from the Republican National Committee, of which he had been chairman until Jan. 19. The rest stemmed from the Milwaukee law firm he has partnership in.
• Omarosa Manigault
The income of former contestant on “The Apprentice” and current communications director for the Office of Public Liaison was less than $100,000. However, sheis beneficiary of a trust created by her late fiancé, actor Michael Clarke Duncan, that is worth between $1 million and $5 million.