Jared Kushner’s Web Price Is 9 Figures. Here is The place It Comes From

Businessman Jared Kushner, a former White Home official and founding father of personal fairness agency Affinity Companions, has a internet price estimated at round $900 million.

Kushner, who served as president-elect Trump’s senior advisor throughout his first time period, is Trump’s son-in-law via his marriage to Ivanka Trump. (The Forbes estimate doesn’t embody her wealth.) His estimated internet price consists of $150 million in money, artwork, different investments, and a stake within the Miami home he shares with Ivanka, per Forbes.

A lot of his wealth comes from his household’s actual property growth firm, investments, and his stake in Affinity Companions. Here is a better take a look at his hundreds of thousands.

Kushner Firms

The majority of Kushner’s wealth comes from Kushner Firms—an actual property growth agency his household has owned and operated for many years. Primarily based in New York Metropolis, the corporate owns flats, workplace and retail areas, and accommodations throughout the nation.

Kushner was CEO of Kushner Firms from age 27 to 36, and owns a 20% stake within the firm, in line with Forbes. Forbes in October estimated that Kushner Firms is price $2.9 billion.

Affinity Companions

Kushner based his personal fairness agency, Affinity Companions, in 2021. Kushner is the only real proprietor of Affinity Parters, and his share of the agency is price about $170 million, in line with Forbes.

Affinity Companions has investments from Saudi, Qatar and Abu Dhabi, with Saudi crown prince Mohammed Bin Salman investing $2 billion within the agency when it began. Kushner received a $2 billion funding from Saudi Arabia’s sovereign wealth fund for Affinity Companions, together with investments from wealth funds in Qatar and Abu Dhabi, in line with The New York Occasions.

The agency is invested in a variety of industries throughout the U.S., U.Ok., Israel, Germany, and Brazil. Affinity had $3 billion in property beneath administration as of December 2023, in line with a U.S. regulatory disclosure.

Different Investments

Whereas the present extent of Kushner’s investments could not be decided, his 2021 disclosure varieties indicated hundreds of thousands of {dollars} in investments resembling actual property and ETFs.