Jared Kushner Turns Political Influence Into Over $1 Billion Real Estate and Investment Empire

Jared Kushner, former senior advisor to President Donald Trump and husband of Ivanka Trump, has transformed his political connections into a private fortune exceeding $1 billion. Kushner owns 20% of the family real estate empire, Kushner Companies, valued at approximately $560 million, and manages Affinity Partners, a private equity fund he founded in 2021. Affinity, backed by Gulf states including Saudi Arabia’s Public Investment Fund, has raised about $4.6 billion and manages assets worth over $6 billion as of late 2025.

A key milestone was Affinity’s partial sale of its 9.9% stake in Israeli insurer Phoenix Holdings, generating over 1 billion shekels ($270 million) in cash and shares, with remaining shares valued at about $1.3 billion. Phoenix’s strong financial performance, including a 24% return on equity and 702 million shekels profit in Q1 2026, underpinned this success. Kushner fully owns Affinity’s management company, benefiting from management fees and potential profit shares, though exact terms remain confidential.

Kushner’s wealth also includes a Miami mansion valued at $105 million, private investments, and art. His family’s real estate business, founded by his grandfather Joseph Kushner and expanded by his father Charles Kushner, remains a major asset. Charles Kushner served two years in prison for financial crimes in 2005, after which Jared took a central role in the company.

Kushner’s political rise began with his role in Trump’s 2016 campaign and White House tenure, where he managed Middle East policy and brokered the Abraham Accords between Israel and Gulf states. These connections facilitated Gulf investments in Affinity, notably a $2 billion Saudi commitment despite internal concerns over Kushner’s experience and fees. Critics in the U.S. Congress have questioned the fund’s reliance on foreign government money and potential conflicts of interest.

Affinity’s other notable investments include a $110 million stake in Israel’s Shlomo Group’s vehicle leasing and credit operations and stakes in UAE and German tech companies. The fund also participated in the $55 billion leveraged buyout of Electronic Arts alongside Saudi and American investors. Kushner’s role blends political access with business strategy, leveraging his unique position to attract sovereign wealth capital and experienced investment partners.

Despite ongoing scrutiny over the overlap of Kushner’s political and business activities, recent financial results from Phoenix and Shlomo provide tangible evidence of Affinity’s commercial value. Kushner continues to engage in diplomatic missions while managing his investment interests, underscoring the complex interplay between his public service and private enterprise.