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Kushner-Owned Co. Received $90 Million from Unknown Foreign Sources Since Start of Trump WH

HeadlineJun 11, 2019
H4 jared kushner real estate company foreign investments cadre the guardian

The Guardian is reporting a real estate company partly owned by presidential son-in-law and Trump’s senior adviser Jared Kushner has received $90 million in investments from unknown foreign sources since Kushner entered the White House in 2017. The company, Cadre, received money through an offshore vehicle in the Cayman Islands run by Goldman Sachs. Kushner maintained a stake in Cadre after he joined his father-in-law’s White House team. His stake is now worth an estimated $50 million. Kushner did not disclose this information in his initial ethics disclosure form. Unnamed sources told The Guardian that funds received by Cadre came in large part from other offshore tax havens, as well as from Saudi Arabia. Kushner was denied a security clearance when he joined the Trump administration, reportedly over concerns about outside business interests and “foreign influence.”

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