Ivanka Trump and Jared Kushner have a lavish art collection worth up to $25 million — here’s what they’ve displayed

ivanka trump art

Ivanka Trump and her husband, Jared Kushner, filed documents Friday that detailed more of their business holdings and investments, CNN reported.

Among the newly revealed wealth is an art collection that documents show is worth up to $25 million. 

The couple was previously criticized for failing to disclose information about their artwork, which had appeared in the background of many of Ivanka’s Instagram pictures.

According to the Office of Government Ethics, federal employees are required to report any artwork that is kept for investment purposes and worth more than $1,000. Kushner is a senior adviser, while Trump is an assistant to her father, President Donald Trump.

But despite the collection being worth millions, a lawyer for Kushner told Artnet that the art was “for decorative purposes” only.

The couple decided to include details in updated financial filings “out of an abundance of caution,” their attorney said. The numbers reported are estimates, however, as federal employees are able to provide details of their wealth and assets in ranges rather than precise figures. According to the new filings, the couple’s combined assets are worth at least $207 million, but that figure could reach more than $762 million if at the upper end of the range. 

Take a look at some of their artworks below:

Ivanka Trump frequently takes pictures of herself and her family posing in front of artwork that lines the walls of their $4 million condo on Park Avenue in New York.

Instagram Embed:
http://instagram.com/p/BOI4ve4ArI9/embed/
Width: 658px

Some of these pieces are worth as much as $500,000, but the couple did not originally disclose this information in financial reports when Kushner became a federal employee.

Source: Artnet 

In the background of this photo of Trump posing with two of her children, Arabella and Joseph, is a Nate Lowman painting from his “Bullet Holes” collection. Two of his similar works sold at Sotheby’s for about $177,000 in 2016 and $665,000 in 2013. On the right-hand side is a Dan Colen chewing-gum painting.

Instagram Embed:
http://instagram.com/p/BAWTZ5mCkEK/embed/
Width: 658px

According to Bloomberg, a similar Colen piece sold for $578,000 at Phillips New York in 2012.

Source: Bloomberg, Sotheby’s 2013 and 2016

These paintings have appeared in the background of Trump’s Instagram posts for months.

Instagram Embed:
http://instagram.com/p/BNh4Y_pgxdj/embed/
Width: 658px

See the rest of the story at INSIDER
Source: http://www.thisisinsider.com/ivanka-trump-instagram-expensive-art-collection-2017-7

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s