On this page, you can find information about Jared Kushner’s net worth, biography, age, height, weight, and other details. Jared Kushner is an American businessman and investor, who has a net worth of approximately US$ 800 million as of 2023, according to Celebrity Net Worth. Read this post for more details about Jared Kushner.
Who is Jared Kushner?
Jared Corey Kushner is an American businessman, investor, and former government official. He is the son-in-law of President Donald Trump. In 2009, Kushner married Ivanka Trump and served as a senior advisor to Trump from 2017 to 2021. Additionally, he held the position of Director of the Office of American Innovation.
Jared Kushner was Born on January 10, 1981, in Livingston, New Jersey. He is the son of Charles Kushner, a real estate developer, and Seryl Kushner. He attended Harvard University, graduating with a degree in government in 2003. Following his graduation, Kushner joined his family’s real estate business, Kushner Companies.
Who is Jared Kushner in a Nutshell | |
---|---|
Name | Jared Kushner |
Date of Birth | Jan 10, 1981 |
Age | 42 years old |
Place of Birth | New Jersey |
Gender | Male |
Profession | Businessperson, Media proprietor |
Nationality | United States of America |
Jared Kushner’s Net Worth in 2023
Jared Kushner is estimated to have a net worth of approximately $800 million. His wealth primarily stems from his family’s real estate enterprise, Kushner Companies, as well as his personal investments in real estate, technology, and media. Notably, he co-founded Cadre, a platform for real estate investment.
Here are some sources that estimate Jared Kushner’s net worth:
- Celebrity Net Worth: $800 million (2023)
- Caknowledge: $950 Million
- Forbes: $800 million (2019)
- Wikipedia: $800 Million (2019)
- Business Insider: $1.1 billion (2019)
It is worth noting that estimating net worth can be challenging, and different sources may provide varying figures. However, it is widely acknowledged that Jared Kushner is indeed a person of significant wealth according to the sources mentioned.
Jared Kushner Net Worth in a Nutshell | |
---|---|
Name | Jared Kushner |
Net Worth | $800 million |
Salary | $80 million |
Monthly Income | $7 million |
Date of Birth | Jan 10, 1981 |
Age | 42 years old |
Place of Birth | New Jersey |
Gender | Male |
Profession | Businessperson, Media proprietor |
Nationality | United States of America |
Major Earning Sources of Jared Kushner
Kushner Companies: Kushner Companies, established by Charles Kushner, is a prominent real estate development firm. The company has played a key role in numerous notable real estate ventures, including the renowned development of 666 Fifth Avenue in New York City.
Cadre: Cadre is an esteemed real estate investment platform that Jared Kushner co-founded alongside his brother, Joshua Kushner. This platform provides investors with the opportunity to acquire shares in various real estate projects.
Other investments: Jared Kushner also has investments in a number of other businesses, including technology, media, and finance.
Jared Kushner’s net worth has faced scrutiny and controversy. In 2017, it came to light that Kushner had omitted certain financial details from his security clearance forms. This raised concerns and allegations of potential conflicts of interest. However, Kushner has consistently denied any misconduct.
Despite the controversy, Jared Kushner remains a wealthy man. His net worth is likely to continue to grow in the years to come.
Short Biography of Jared Kushner
Jared Kushner is an American entrepreneur, investor, and former government official who gained prominence as the son-in-law of former US President Donald Trump. He served as a senior advisor to President Trump from 2017 to 2021 and held the position of Director of the Office of American Innovation.
Born in Livingston, New Jersey, in 1981, Kushner is the son of Charles Kushner, a renowned real estate developer, and Seryl Kushner. He pursued his education at Harvard University, earning a degree in government in 2003. Subsequently, he pursued a joint J.D./M.B.A. program at New York University School of Law, completing his degrees in 2007.
Following the completion of his studies, Kushner joined his family’s real estate enterprise, Kushner Companies, where he quickly ascended in the ranks and became the company’s CEO by 2008. Kushner Companies holds significant influence as a major real estate developer in New York City, boasting ownership of prestigious properties such as 666 Fifth Avenue.
In 2009, Kushner entered into marriage with Ivanka Trump. They have three children together: Joshua Kushner, Dara Kushner, Nicole Kushner.
During the 2016 presidential campaign, Kushner played a pivotal role as an advisor to his father-in-law. Following Donald Trump’s electoral victory, Kushner assumed the position of senior advisor in the White House, serving until 2021.
Kushner’s tenure in the White House was not without controversy. Allegations arose regarding potential conflicts of interest and accusations of leveraging his position for personal business gains. Additionally, his close ties to foreign governments drew criticism.
In 2021, Kushner transitioned back to the private sector, departing from the White House. Currently, he holds the position of CEO at Affinity Partners, an investment firm of his own.
Despite generating controversy, Kushner has undeniably achieved success as an entrepreneur and investor. His significant involvement in American politics has solidified his influence, suggesting that he will continue to wield considerable impact in the future.
Biography of Jared Kushner in a Nutshell | |
---|---|
Full Name | Jared Corey Kushner |
Celebrated Name | Jared Kushner |
Birthplace | Livingston, New Jersey, United States |
Gender | Male |
Date of Birth | Jan 10, 1981 |
Age | 42 years old |
Height | 5 ft 8 in (1.76 m) |
Weight | 163 lb (74 kg) |
Profession | Businessperson, Media proprietor |
Nationality | United States of America |
Education | Harvard University (BA), New York University (JD, MBA) |
Parent | Charles Kushner (father) |
Wife | Ivanka Trump |
Children | Arabella Rose Kushner, Joseph Frederick Kushner, Theodore James Kushner |
Siblings | Joshua Kushner, Dara Kushner, Nicole Kushner |
Early Life of Jared Kushner
Jared Corey Kushner was born in Livingston, New Jersey, to Seryl Kushner (formerly Stadtmauer) and Charles Kushner, a real estate developer with a prior conviction. His father had a friendship with Bill Clinton and Hillary Clinton and attended several dinners with them. Jared’s maternal grandfather was Morris Stadtmauer.
His paternal grandparents, Reichel and Joseph Kushner, were Holocaust survivors who immigrated to the United States in 1949 from Navahrudak, which is now in Belarus. Reichel, the family’s matriarch, played a significant role during the Holocaust, leading escape efforts from the Navahrudak ghetto by constructing a tunnel. She later joined the Bielski partisans.
Education and Academic Pursuits
Raised in a Modern Orthodox Jewish family, Jared Kushner attended the Frisch School, a Modern Orthodox yeshiva high school, graduating in 1999. Subsequently, he enrolled at Harvard University in the same year. Some sources have mentioned a donation made by Jared’s father, who is known for his philanthropy, to Harvard University and other educational institutions shortly before Jared’s admission. However, the accuracy of these claims has been disputed by multiple sources quoted in the book by journalist Daniel Golden.
During his time at Harvard, Kushner became a member of the Fly Club and actively supported the campus Chabad house. Additionally, he engaged in real estate transactions in Somerville, Massachusetts, serving as the vice president of Somerville Building Associates, a division of Kushner Companies. His involvement proved profitable, yielding a $20 million profit by the time of the division’s dissolution in 2005. In 2003, Jared Kushner graduated from Harvard with honors, earning a Bachelor of Arts degree in government.
Professional Development and Further Education
Following his undergraduate studies, Jared Kushner pursued a joint J.D./M.B.A. program at New York University School of Law and New York University Stern School of Business. He successfully completed both degrees in 2007. During this period, he interned at the Manhattan District Attorney’s Office under Robert Morgenthau and also gained experience at the New York law firm Paul, Weiss, Rifkind, Wharton & Garrison.
How Jared Kushner Turned Around The New York Observer
In 2006, Jared Kushner purchased the New York Observer for $10 million. The struggling newspaper had been losing money for years, but under Kushner’s leadership, it turned a profit and became a respected voice in New York media.
Kushner invested heavily in the Observer’s website and digital operations, and he also hired a new editorial team that was more aggressive in its coverage of New York City politics and culture. The Observer’s traffic grew by almost 600% in the three years before Kushner stepped down in 2017.
Kushner’s tenure at the Observer was not without controversy. He was criticized for firing several longtime employees and for using the newspaper to promote his own political interests. However, there is no doubt that he played a key role in turning the Observer around and making it a viable business once again.
How Jared Kushner Became a Political Figure
Jared Kushner’s political career began when his father-in-law, Donald Trump, started to seriously consider running for office. Kushner was one of Trump’s most involved managers during the campaign, and he was especially involved in Trump’s digital presence.
When Trump won the election, Kushner was granted a high-level security clearance and continued to play a major role in the administration. He was eventually given the title of Senior Advisor to the President.
Kushner’s role in the Trump administration was controversial. Some critics argued that he was unqualified for the position and that his family’s business interests created conflicts of interest. However, Kushner defended his appointment, arguing that he had the necessary experience and that he would be able to help the Trump administration achieve its goals.
Kushner left the White House in 2021 after the end of Trump’s presidency. He has since returned to his business interests.
Jared Kushner’s Risky Real Estate Investment
Jared Kushner, the son-in-law of former US President Donald Trump, oversaw the purchase of 666 Fifth Avenue in New York City in 2007 for a record-breaking $1.8 billion. The building was a massive liability for Kushner Companies, and the company lost $90 million on its investment in the midst of the 2008 real estate crash.
Kushner was only 26 years old when he made the purchase, and he had only taken over the family business a few years earlier after his father was convicted of tax evasion and other felony charges. The purchase was part of a much wider expansion into New York City, and Kushner oversaw the spending of over $7 billion on real estate deals within the first ten years of leading the company.
With encouragement from his father, Jared started to sell off ownership stakes in the building. In 2017, he sold off his own ownership stake and helped organize a deal with Brookfield Asset Management (a company run by the Qatari government) for a $1 billion bailout.
In 2019, it was reported that Kushner Companies had recently purchased an apartment portfolio for $1.15 billion dollars. The rental properties represented Kushner Companies’ biggest purchase in over a decade.
Jared Kushner’s Sale of Cadre Stake Amid Conflict of Interest Concerns
In 2020, Jared Kushner, the son-in-law of former US President Donald Trump, sold his stake in a real estate start-up called Cadre. The company specializes in taking advantage of a tax break introduced by President Trump in 2017.
Kushner’s involvement with Cadre raised many eyebrows, as it could have created a conflict of interest. Some critics argued that Kushner could have used his position in the White House to benefit Cadre.
Kushner denied any wrongdoing, but he ultimately sold his stake in the company for a payday between $25 and $50 million.
Jared Kushner’s Income from Westminster Management
Jared Kushner, the son-in-law of former US President Donald Trump, earned $1.5 million in income from Westminster Management between April 2017 and June 2018. Westminster Management is a company that owns 20,000 apartment units in New York, Maryland, New Jersey, Pennsylvania, and Ohio.
Kushner’s income from Westminster Management came from his role as a board member of the company. He was appointed to the board in 2015, and he resigned in 2018 after it was revealed that he had not properly disclosed his financial ties to the company.
Kushner’s income from Westminster Management has raised concerns about potential conflicts of interest. Some critics have argued that Kushner could have used his position in the White House to benefit Westminster Management.
Kushner has denied any wrongdoing, but his income from Westminster Management has been a source of controversy.
Jared Kushner and Ivanka Trump’s Real Estate Trust
Jared Kushner and Ivanka Trump’s real estate trust was valued at $740 million in April 2017. A June 2018 disclosure adjusted the number down slightly to $710 million.
The trust is managed by Kushner’s mother, and it includes a variety of real estate assets, including apartment buildings, office buildings, and hotels. The trust also owns a stake in Cadre, a real estate investment platform.
Kushner and Trump have faced criticism for their involvement in the trust, as it could create a conflict of interest. Some critics have argued that Kushner could use his position in the White House to benefit the trust.
Kushner and Trump have denied any wrongdoing, but they have taken steps to reduce the potential for conflicts of interest. For example, they have placed the trust in a blind trust, which means that they do not have direct control over its management.
Jared Kushner’s $2 Billion Investment From Saudi Arabia
After leaving the White House, Jared Kushner founded a private equity firm called Affinity Partners. One of his earliest investors was the Saudi Crown Prince Mohammed bin Salman, who led a $2 billion funding round through the country’s Public Investment Fund.
The investment was met with criticism from some who alleged that it was payback for Kushner’s pro-Saudi actions during Trump’s presidency. Kushner had been a vocal defender of the crown prince even after U.S. intelligence concluded that he had approved of the brutal murder of journalist Jamal Khashoggi.
The Saudi Public Investment Fund reportedly received a 28% stake in Affinity Partners in exchange for the investment. This was twice as much money as the fund invested in former Treasury Secretary Steven Mnuchin’s newly formed firm, Liberty Strategic Capital.
Family and Personal Life
Jared Kushner, a prominent figure in American politics, has a close-knit family. He has a younger brother named Joshua and two sisters named Dara and Nicole. In October 2009, Kushner married Ivanka Trump in a Jewish ceremony. Their introduction came in 2005 through mutual friends. Ivanka Trump converted to Judaism in 2009, and they both identify as Modern Orthodox Jews. They maintain a kosher home and observe the Jewish Shabbat. The couple has three children together (Joshua Kushner, Dara Kushner, Nicole Kushner)—a daughter born in July 2011 and two sons born in October 2013 and March 2016.
Legal Troubles and Family Background
In 2004, Kushner’s father, Charles Kushner, faced significant legal issues, pleading guilty to eighteen felony counts of tax fraud, election violations, and witness tampering. The case drew attention as he even retaliated against his own sister, who was cooperating with authorities. The prosecution was carried out by Chris Christie, who later became the Governor of New Jersey and was involved in Donald Trump’s 2016 election campaign team. Christie alleged that Jared Kushner played a role in his subsequent firing as an act of revenge for his father’s imprisonment.
Health Challenges
In October 2019, Jared Kushner received a diagnosis of thyroid cancer, which led him to undergo treatment during his time in the Trump Administration. This experience is detailed in his political memoir. Furthermore, in August 2022, he underwent a second thyroid surgery, indicating ongoing health concerns.
Ivanka Trump and Jared Kushner’s Art Collection
Ivanka Trump and Jared Kushner are known to possess an art collection estimated to be worth around $25 million. The couple has invested in acquiring various artworks, reflecting their appreciation for the world of art.
Ivanka Trump’s Financial Disclosure and Income
Financial Disclosure and Asset Valuation
In 2018, as part of a financial disclosure agreement, Ivanka Trump, the wife of Jared Kushner, reported assets amounting to $55 million. This disclosure shed light on the extent of her financial holdings at that time.
Annual Income
During the same year, Ivanka Trump reported an annual income of $135 million. This figure reflects her earnings and financial success from various sources and business endeavors.
Severance Package
Following her father’s inauguration and her departure from the Trump Organization, Ivanka Trump received a severance package worth $2 million. This package served as compensation for her departure from the organization.
Jared Kushner’s Real Estate Portfolio
Jared Kushner is a wealthy real estate developer with a portfolio that includes properties in New York City, Washington, D.C., and Miami.
In 2018, an investigation by the New York Times revealed that as of 2016, Kushner listed personally controlled real estate assets that were valued at $372 million. This included a 666 Fifth Avenue office tower in New York City, a 26-story apartment building in Washington, D.C., and a 1.8-acre plot of land on Indian Creek Island in Miami.
In 2019, it was reported that Kushner and his wife, Ivanka Trump, rented a 7,000-square-foot apartment in Washington, D.C. for $15,000 per month. The apartment was located in the Trump International Hotel and Tower, which is owned by Jared’s father, Donald Trump.
In December 2020, it was revealed that Kushner and Ivanka paid $30 million for an undeveloped 1.8-acre plot of land on Indian Creek Island in Miami. The seller was Latin crooner Julio Iglesias. Indian Creek Island is a private island that is home to some of the wealthiest people in the world, including Beyonce and Jay-Z, billionaire hedge fund manager Eddie Lampert, NFL coach Don Shula, and supermodel Adriana Lima. The island is so exclusive that visiting is not allowed without an owner’s written permission.
Key points about Jared Kushner's Real Estate Portfolio Jared Kushner is a wealthy real estate developer with a portfolio that includes properties in New York City, Washington, D.C., and Miami. In 2018, an investigation by the New York Times revealed that Kushner listed personally-controlled real estate assets that were valued at $372 million. In 2019, it was reported that Kushner and his wife, Ivanka Trump, rented a 7,000-square-foot apartment in Washington, D.C. for $15,000 per month. In December 2020, it was revealed that Kushner and Ivanka paid $30 million for an undeveloped 1.8-acre plot of land on Indian Creek Island in Miami. Indian Creek Island is a private island that is home to some of the wealthiest people in the world.
Frequently Asked Questions
Jared Kushner is an American businessman, investor, and former government official. He is the son-in-law of former US President Donald Trump through his marriage to Ivanka Trump and served as a senior advisor to Trump from 2017 to 2021. He was also the Director of the Office of American Innovation.
Jared Kushner is 6 feet 3 inches tall.
Jared Kushner is 42 years old. He was born on January 10, 1981.
Jared Kushner is married to Ivanka Trump, the daughter of former US President Donald Trump. They have three children together: Joshua Kushner, Dara Kushner, Nicole Kushner
Ivanka Trump and Jared Kushner met in 2005 at a party in New York City. They were introduced by a mutual friend, and they began dating shortly thereafter. They were married in 2009.
Jared Kushner’s net worth is estimated to be around $800 million. He made his fortune through his family’s real estate business, Kushner Companies.
In 2020, Jared Kushner’s private equity firm, Affinity Partners, received a $2 billion investment from the Saudi Public Investment Fund. This investment has been controversial, as some have alleged that it was payback for Kushner’s pro-Saudi actions during Trump’s presidency.