Ivanka Trump and Jared Kushner apparently do not have their children’s art hung in the living room or the needlepoint from Aunt Donna framed and gathering dust. Since the couple has always lived such a golden life, they must have become so accustomed to their gold-encrusted walls, that they just do not see them any more. Now, however, they’re in trouble.
In a violation to the U.S. Office of Government Ethics, both of them apparently forgot that they had a multi-million dollar art collection. It certainly did not show up on their financial disclosure submitted for working at the White House. Then again, the attorney said it was not exactly an investment, more like for decoration.
Is it possible, they just rented their art? Apparently, they do not. Since Kushner is senior adviser to Donald Trump, the ethics required him to list the couple’s art multi-million dollar collection. Ivanka Trump does not have a title for the office she holds, so her husband’s disclosure would have covered her.
Kushner’s attorney spoke about it via a White House statement to Artnet News, saying that the 36-year-old would add the art holdings in an amended disclosure form:
‘Mr. Kushner and Ms. Trump display their art for decorative purposes and have made only a single sale. To avoid any doubt, however, they will report their art collection.’
Since the couple married in 2009, they have collected a “formidable” collection estimated to be worth millions, according to artnet News. They got caught, because Ivanka Trump has a habit of displaying their art in her $4 million Park Avenue condo, featuring individual pieces valued at half a million dollars along with the Trump stamp.
She has a Nate Lowman painting, which looks like a bullet hole sticker. Sotheby’s in New York auctioned off a work similar to this piece entitled Black Escalade for $665,000 just four years ago. Another work they own by Dan Colen was made up of chewed bubble gum. Phillips New York auction house sold a like piece by Colen for $578,500 five years ago.
Kushner has a habit of leaving assets and business interests off of his financial disclosure forms. He forgot to mention a business he co-founded with his brother Joshua. Oh, yes, then there was the $1 billion in loans from 20 difference companies.
Craig Holman, an ethics expert with the watchdog group Public Citizen, told Artnet News these pieces promote Ivanka’s business interests:
‘The art is being used to promote the business interests. It may draw people into it, especially for something like a line of clothing, and cultural business activities that Ivanka Trump stands for. It should be fully disclosed.’
Featured Image via Ivanka Trump’s Instagram Feed.
[H/T: Artnet News.]