Yahoo Finance How Rich Is Ivanka Trump?
Ivanka Trump (40) was born into wealth, but she’s worked hard to earn a reputation as a respected businesswoman in her own right. Not your average heiress, she has spent more time in the boardroom than on the party circuit. Since her father’s exit from office, Ivanka and her husband, Jared Kushner, have remained largely focused on business and enterprise.
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Widely known as the second child of former President Donald Trump and Ivana Trump, Ivanka’s combined net worth with Kushner is $800 million, according to The South China Morning Post. On her own, Ivanka’s net worth is estimated to be $300 million.
Ivanka’s trust earns $5 million annually, and she also has launched several successful businesses over the past decades. As a teenager in boarding school, Ivanka began building up her personal nest egg through modeling gigs for brands such as Tommy Hilfiger, Sasson Jeans, Versace, Marc Bouwer and Thierry Mugler, Celebrity Net Worth reported.
IMDb shared one of Trump’s most famous quotes: “I make money because I have to pay for everything apart from my school fees. My mother even makes me pay my own telephone bill.” With this work ethic instilled from an early age, Ivanka never shied away from a challenge. She graduated summa cum laude in 2004 with a degree in economics from the University of Pennsylvania, according to IMDb. She went on to pursue careers in business, real estate and television.
Ivanka Trump’s Business Ventures
Before joining the Trump Organization, where she was executive vice president of real estate development and acquisitions, Ivanka was an entrepreneur in her own right. She worked with the Dynamic Diamond Corp. to design her own line of fine jewelry. Ivanka Trump on Madison Ave. was the brand’s first flagship retail store, in operation from 2007 until 2015.
After that, she launched a line of handbags and footwear sold through Macy’s, Lord & Taylor, Bloomingdale’s, Nordstrom and Dillard’s, according to Business Insider. The line earned as much as $75 million in annual revenue at its peak, according to Celebrity Net Worth.
She then introduced a line of women’s work wear, which generated $100 million in annual revenue. Trump received 7% of wholesale revenues from the lines, grossing roughly $10 million per year until she closed the lines in 2018.
Trump was named senior advisor to the president in 2017 but did not collect a salary for the role.
Ivanka Trump: Income From Books and Television
Trump made frequent guest appearances on her father’s reality TV show “The Apprentice,” ultimately replacing Carolyn Kepcher as a boardroom judge in the show’s sixth season as well as on “The Celebrity Apprentice.”
Other television appearances include hosting the “Miss Teen USA Pageant” in 1997 and working on “Gossip Girl,” where she appeared as herself.
Trump is the author of two books — “The Trump Card: Playing to Win in Work and Life,” published in 2009, and “Women Who Work: Rewriting the Rules for Success,” published in 2017.
Ivanka Trump’s Kids Vacation in Style
Ivanka puts in long hours at the office, but she also enjoys swapping her high heels for sandals on family vacations.
In December 2016, she and Kushner took their kids on a tropical retreat to the Four Seasons Resort Hualalai in Hawaii. Nightly rates at the five-star resort are currently priced between $1,000 to $1,200, according to TripAdvisor.
The trip wasn’t all lavish, though. The family flew the first leg of the journey on JetBlue, according to The New York Post.
Ivanka Trump’s Wedding
Trump and Kushner got married in October 2009 at the Trump National Golf Club in Bedminster, New Jersey — a venue that costs an average of $54,000 to $62,000, according to Showbiz Cheat Sheet.
The bride’s Vera Wang wedding gown reportedly bore a $50,000 price tag, while her jewelry was estimated to cost as much as $265,000. Pieces included platinum and diamond earrings, a bracelet and a hairpiece.
The 13-layer wedding cake was adorned with real flowers and was reported — by Showbiz Cheat Sheet — to cost $70,000.
Ivanka Trump: Real Estate
Both Trump and Kushner have backgrounds in real estate investing, so it’s not surprising that they’ve resided in some of the most expensive ZIP codes in the nation. During her father’s presidency, Trump and Kushner rented a $5.5 million, 6,870-square-foot home in Washington, D.C., according to Town & Country.
Before relocating to the nation’s capital after her father’s inauguration, Ivanka and her family lived in a $16 million, four-bedroom New York City penthouse apartment, located in the Trump Park Avenue building.
Ivanka paid $1.52 million for another condo in the same building. She bought the two-bedroom, two-bathroom condo in 2004, when she was still single. The property initially hit the market in December 2016 for $4.1 million, or $15,000 per month in rent, according to Town & Country.
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After leaving their roles in Washington, the real estate power couple purchased a $30 million property on a private island in Miami. Indian Creek Island, known as the “Billionaire’s Bunker,” boasts its own 13-person police force for 29 luxury residences, Page Six reported. Per Vanity Fair, the couple bought a second estate in the same area in 2021 for around $24 million.
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Michelle Tompkins and Laura Woods contributed to the reporting of this article.
This article originally appeared on GOBankingRates.com: How Rich Is Ivanka Trump?
