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 by his marriage to Ivanka Trump. (The Forbes estimate doesn’t embrace her wealth.) His estimated internet price contains $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. Here is a more in-depth have a look at his thousands and thousands.

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. Based mostly in New York Metropolis, the corporate owns residences, workplace and retail areas, and resorts throughout the nation.

Kushner was CEO of Kushner Firms from age 27 to 36, and owns a 20% stake within the firm, based on 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 proprietor of Affinity Parters, and his share of the agency is price about $170 million, based on 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, based on The New York Instances.

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 below administration as of December 2023, based on a U.S. regulatory disclosure.

Different Investments

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