How Trump's 36-year-old former assistant earned 54 million

Nick Ayers, who abandoned one of the most influential posts in the country and will leave President Trump’s administration next month, had to pass a second financial check, earned by him as a consultant, in the amount of 54 million dollars.

Photo: twitter / Nick Ayers
@nick_ayers

Ayers’s decision to return to Georgia and look after his three young children undermined Trump’s attempt to find a new savvy official who would help guide the White House while the investigation into Russian interference in American elections continues.

It is reported that Ayers, who currently heads the office of Vice President Mike Pence, plans to leave the administration before the end of the year.

Ayers told Trump that he would assume this position only on a temporary basis, which the president did not want, reports the New York Times.

Ayers finances had to go through additional testing before he could take this post.

According to the Daily Mail, he was able to increase his status from 12 to 54 millions thanks to consulting services.

According to the data, Ayers, who is just 36 years old, estimated his consulting business at 25 million dollars. He indicated that he owns Holmstead LLC worth up to 5 million dollars and land in Georgia, which valued at 11 million.

He had several separate accounts of up to 5 million each.

As Vice President Mike Pence's chief of staff and assistant to the president, "he has filed public financial disclosures of all of his resources and has also been removed from business interests as needed under the direction of the Office of Government Ethics. His finances have always been in the public domain,” an administration official told DailMail.com. He also added that the reason for leaving was not financial.

Meanwhile, the liberal observation group Citizens for Responsibility and Ethics in Washington filed a complaint against Ayers back in November, indicating that “dark money” had been received by Freedom Frontier, which is exempt from paying taxes.

The group, which does not report its donors, contributed more than 4 million dollars to the PAC in 2016. According to the complaint, most of the money went to the race in the Senate of Missouri, Eric Greitens, to attack his opponents.

Evidence suggests that Ayers advised Greytens and Freedom Frontier. The group filed a tax return more than a year late and reported that Clark Fork Group, LLC was its main independent contractor. The same company also paid for consulting services to Ayers.

CNN reported that Ayers earned his fortune as a director at Target Enterprises, an advertising purchase company, where Ayers bought advertising in the media for "almost every" race in which he worked with 2011 of the year.

This allowed him to simultaneously receive a salary as a consultant and benefit from advertising purchases that were broadcast. Some consultants consider such arrangements unethical, and some observers call this a potential conflict of interest.

“A source familiar with the matter insisted that all candidates Ayers served were aware of the financial arrangement behind his consultation,” the network reported.

Ayers founded Advance Media Capital in 2015 and was a partner in the advertising firm Target Enterprises.
Clients included the Pens gubernatorial campaign, the governor of Missouri, Eric Greitens, and the campaign of Pens' successor, Eric Holcomb.

The administration of Donald Trump is famous for high turnover - high-ranking officials leave themselves, receive an order of dismissal or an appointment to other posts under plausible excuses and at a record speed. ForumDaily published a short list of achievements and reasons for the departure of officials who recently left their posts.

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