Witkoff Sold $120 Million Stake in His Company, Disclosure Shows

Core Points - Steve Witkoff sold an interest in his real estate management company for $120 million to avoid potential conflicts of interest [1][3] - The financial disclosure indicates Witkoff's assets are valued at least $350 million, with several holdings exceeding $50 million [4][3] - Witkoff's portfolio includes residential and commercial real estate, stakes in various tech companies, and digital assets [5] Group 1: Financial Disclosure - The financial disclosure was submitted in August and indicates Witkoff's official start date as June 30 [2] - The document does not confirm approval from ethics officials at the White House [2] - Witkoff's holdings include upscale properties in major cities such as Los Angeles, Miami Beach, and New York City [3] Group 2: Asset Valuation - Witkoff's assets include residential real estate in Southampton, New York, and a cash account at a US bank [4] - Other significant holdings include a stake in SpaceX, shares in Cisco Systems, Reddit, and Uber [5] - Witkoff received $34 million in distributions from a holding company that includes various real estate developments and World Liberty Financial [6]