Jared Kushner (Wikipedia)
Jared Kushner took full advantage of his time working at the White House under his father-in-law Donald Trump, making a fortune. According to a report in the New York Times, Kushner’s Affinity Partners $3 billion fund is financed “almost entirely from overseas investors with whom he worked when he served as a senior adviser in the Trump White House.”
In fact, 99% of Jared Kushner’s firm’s investments came from authoritarian regimes like Saudi Arabia, Qatar and the United Arab Emirates, said the Times. His Affinity Partners rakes in $40 million a year in fees alone from the business it does with such countries after having made only ten investment deals. In addition, almost all of its $1.2 billion in investments made to date have gone to nations outside of the United States.
Affinity Partners has deals with Israeli car-leasing and financing company the Shlomo Group, Munich-based electronic fitness company EGYM, an Abu Dhabi-backed fast food company that operates more than 1,000 restaurants in Brazil called Zamp and a Dubai-based online real estate site.
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The New York Times also reported that people at the Saudi sovereign wealth fund were concerned about its decision to invest $2 billion with Jared Kushner’s firm. The Times cited sources that said objections about the investment included, “the inexperience of the Affinity Fund management,” the finding that the firm’s operations were “unsatisfactory in all aspects,” as well as “public relations risks.”
Yet, for some reason, Donald Trump and his acolytes continue to accuse President Joe Biden of corruption over alleged deals his son Hunter Biden made with foreign investors long before Biden even became President. Jared Kushner, however, set up his lucrative post government investments while he served as a senior White House official.
According to the Jewish Virtual Library, Jared Kushner, born on January 10, 1981 in Livingston, New Jersey, is the son of real estate developer Charles Kushner. When his father was imprisoned amid financial and political scandal, Kushner took over the family business and also went into publishing with his purchase of The New York Observer. In 2009, he wed Ivanka Trump, daughter of another real estate mogul, Donald Trump. Kushner served as a close political advisor to Trump during his 2016 presidential campaign and his transition to the White House. His grandparents were Holocaust survivors who moved to the United States in 1949. He was named a senior adviser to the president in January 2016.
Jared Kushner’s real estate company currently holds loans that contain millions from both foreign and domestic entities. In 2016, the Kushner family net worth is estimated to be $1.8 billion, the majority of which is in real-estate property holdings, according to Forbes. Kushner and his family are Modern Orthodox Jews, keep a kosher home, and observe the Jewish Sabbath. In 2017, federal disclosures suggested Kushner and his wife had assets worth at least $740 million.
