Ivanka Trump is an American Businesswoman and began her career in the warm and existing graces of her father, Donald Trump’s company is The Trump Organization. During her father’ Presidency, she served as a senior advisor and was also appointed as the director of the ‘Office of Economic Initiatives and Entrepreneurship’. She was also the first Jewish member of a first family, as she converted before marrying her husband Jared Kushner. But the whole Trump Empire along with its affiliated businesses were affected not only due to the Pandemic that Ivanka’s father downplayed along with her and his team but also due to the Capitol riot that broke out on January 6, 2020.
The Start Of Her Career
After graduating from Wharton, her father helped her out by forming a partnership with Dynamic Diamond Corp. in order to create the Ivanka Trump Fine Jewelry line of diamond and gold jewelry. Ivanka first set up shop in Manhattan but moved a much larger and spacious plot at 109 Mercer Street, located in the SoHo district in the year 2011. Soon Ivanka’s line of jewelry began to spread like wildfire, but soon her line of jewelry was made available only in the flagship boutique located at Trump Tower in Manhattan. She also has divulged in the creation of her own line of Ivanka Trump fashion items which include clothes, handbags, and other various accessories.
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But her brands soon began to face scrutiny as many allegations came forward that her brand was copying designs from other designers. Soon all the retailers of the Ivanka brand stopped selling the line stating it as ‘Poor Performance’. In the year 2016, it was found out that a majority of Ivanka’s fashion line was not produced in America, but in Zhejiang, China.
Ivanka’ Net Worth 2021
Even after getting into such perilous situation, Ivanka currently holds a total net worth of $300 million which came down by a considerable amount as not only the COVID adversely affected the business, but also the limelight the Trump family members were in due to the January 6 insurrection. Trump announced in the year 2018, that Ivanka has shut down her company and will pursue a career in public policy instead of returning back the fashion world.