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

Businessman Jared Kushner, a former White Home official and founding father of non-public fairness agency Affinity Companions, has a web value 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 by way of his marriage to Ivanka Trump. (The Forbes estimate doesn’t embrace her wealth.) His estimated web value 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 improvement firm, investments, and his stake in Affinity Companions. This is a better have a look at his tens of millions.

Kushner Firms

The majority of Kushner’s wealth comes from Kushner Firms—an actual property improvement 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 motels 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 value $2.9 billion.

Affinity Companions

Kushner based his non-public fairness agency, Affinity Companions, in 2021. Kushner is the only real proprietor of Affinity Parters, and his share of the agency is value 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 bought 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 spread of industries throughout the U.S., U.Ok., Israel, Germany, and Brazil. Affinity had $3 billion in property underneath 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 kinds indicated tens of millions of {dollars} in investments resembling actual property and ETFs.