Where in the world is Ivanka Trump? Donald Trump’s most famous child, Ivanka became a staunch defender of his, introducing him at the 2016 and 2020 Republican conventions and even shutting down her business and leaving the Trump Organization to become a loyal White House advisor. Then he lost the 2020 election. Afterwards, Ivanka and her family retreated to Miami, buying a $30 million home on Indian Creek Island, a man-made barrier isle where their neighbors include Jeff Bezos and Tom Brady. “I am choosing to prioritize my young children,” she said in a 2022 statement the night her father announced his 2024 bid.

These days, if her Instagram is at all representative, her mind is far from Washington, D.C.—posts about family birthday celebrations, fitness and outdoor adventures including surfing, skiing and motor bike racing abound, plus photos from travel to places like Egypt and Paris. In March, she headed to India for the wedding of Anant Ambani, the son of India’s richest person. In October, she took her 13-year-old daughter to see Taylor Swift, who has endorsed Kamala Harris. Though she testified at her father’s fraud trial in New York last November, she walked away unscathed, even as her dad and brothers were fined hundreds of millions.

The 43-year-old can certainly afford to step away from the family business, both real estate and politics, though she’s not as rich as you might expect. Ivanka’s business ventures in clothing, jewelry, shoes and real estate seeded a fortune that Forbes now estimates at $50 million, less than 1% of her father’s net worth. Her husband—heir to a different real estate dynasty, which has been more proactive about giving stakes to members of the younger generations—is also far richer, worth nearly $1 billion.

That leaves Trump’s oldest daughter in a somewhat unexpected place, surrounded by men of great wealth, without as much of her own—not the path many likely envisioned for her. For........

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