Jared Kushner and Ivanka Trump made $640 million while working in Donald Trump’s administration, with Kushner receiving $2 billion from Saudi Crown Prince MBS after leaving the White House. This is likely due to the $3 million that Charles Kushner gifted NYU in 2001 or his previous membership on the Board of Trustees that runs the university. Charles Kushner, the father of Donald Trump’s son-in-law and recipient of one of the former president’s final pardons, donated $1 million to Trump’s leading super PAC. As of the end of 2016, Kushner and his family were estimated to have a net worth of $1. 8 billion.
Kushner has employed two fellow inmates with whom he became acquainted in prison. Affinity has helped boost Kushner’s net worth to at least $900 million, up 180 from early 2017, when he became senior advisor to Trump. Most debt holders in the US in general come from middle class families, and many people at NYU in the middle class to upper middle class get zero aid.
A new analysis of their financial filings shows the couple disclosed up to $640 million in outside income while working in the White House. At the same time, the couple failed. Businesses tied to President Donald Trump’s family and associates stand to receive as much as $21 million in government loans designed to shore up payroll expenses for.
New Jersey real estate developer Charles Kushner had pledged $2. 5 million to Harvard University in 1998, not long before his son Jared was admitted. Jared was accepted into Harvard after his father donated. The college admissions bribery scandal has placed a fresh focus on how Jared Kushner, President Donald Trump’s son-in-law, got into Harvard.
| Article | Description | Site |
|---|---|---|
| The Story Behind Jared Kushner’s Curious Acceptance Into … | New Jersey real estate developer Charles Kushner had pledged $2.5 million to Harvard University in 1998, not long before his son Jared was admitted. | propublica.org |
| Jared Kushner Owns NYU Building | Members of the NYU community are surprised to find out the NYU Law alum Jared Kushner, an advisor for President Donald Trump, owns property … | nyunews.com |
| Jared Kushner | Jared Corey Kushner (born January 10, 1981) is an American businessman, investor, and former government official. He is the son-in-law of president-elect … | en.wikipedia.org |
📹 Trump says his kids won’t serve in his administration: ‘Too painful’
President-elect Donald Trump has said that he will not incorporate his children into his new administration, unlike his first term in …
How Is Jared Kushner So Rich?
After his father's conviction and incarceration from March 4, 2005, to August 25, 2006, Jared Kushner significantly expanded the family's real estate business, acquiring nearly $7 billion in properties predominantly in New York City over the following decade. His personal net worth is estimated at $800 million. Accusations on Twitter claimed that he and Ivanka Trump amassed over half a billion dollars while serving in government. Forbes values the Kushners' real estate assets at $2.
9 billion, surpassing Donald Trump's $2. 2 billion portfolio. Forbes estimates that Jared, his brother Josh, and their parents collectively hold a fortune of at least $1. 8 billion, with a substantial portion derived from real estate investments. Kushner insisted that he is not a billionaire yet and is valued separately from Ivanka, who stands at around $50 million. After leaving the White House in 2021, he launched a private equity firm, which received a reported $2 billion investment from a Saudi sovereign wealth fund, raising questions about ethics. In 2016, their wealth was estimated at $1. 8 billion and has continued to increase, partly due to Kushner's strategic investments in Israel and lucrative deals with Qatar and Saudi Arabia.
Why Was Charles Kushner Pardoned?
On December 23, 2020, President Trump granted a full and unconditional pardon to Charles Kushner, the father-in-law of his daughter Ivanka Trump and the father of senior adviser Jared Kushner. Trump justified the pardon by highlighting Kushner's commitment to philanthropy and reform. Kushner had previously served nearly two years in prison for tax fraud and other charges stemming from attempts to retaliate against a federal witness. The pardon came during a series of executive actions that included several other controversial pardons, which were widely criticized for benefiting wealthy and well-connected individuals.
Trump, during his first term, issued a total of 144 pardons, embracing both family members and allies in the process. The pardon of Kushner, a prominent real estate developer and founder of Kushner Companies, raised eyebrows due to the serious nature of his previous crimes and the timing within Trump’s final days in office.
What Is Jared Kushner'S Net Worth?
In 2019, Forbes estimated Jared Kushner's net worth at $324 million, and combined with Ivanka Trump, their total was approximately $375 million. If Kushner's assets had appreciated like the S&P 500, their worth would be around $380 million. By 2024, his net worth was estimated to reach about $800 million. The Kushner family's overall fortune surged from $1. 8 billion in 2016 to an estimated $7. 1 billion, largely attributed to their real estate holdings and investments.
Kushner's net worth saw a significant increase, reaching at least $900 million, largely bolstered by his private equity firm, Affinity Partners. His wealth stems from diverse sources including real estate and politics. As of now, Ivanka Trump's net worth is also pegged around $800 million, showcasing their combined financial strength which may exceed $1 billion. Furthermore, Kushner is noted for his rapid rise in fame and wealth, particularly during his time as a senior advisor to former President Trump.
How Did Jared Kushner Get All His Money?
Following his departure from the White House, Jared Kushner established Affinity Partners, a private equity firm primarily funded by Saudi Arabia's sovereign wealth fund. While serving in the Trump administration, Kushner and Ivanka Trump reportedly earned $640 million, and shortly after leaving, Kushner received a significant $2 billion investment from Saudi Crown Prince Mohammed bin Salman (MBS).
This investment, secured against the backdrop of Kushner's previous relationship with the Kingdom, has attracted scrutiny and criticism, particularly regarding Kushner's ties to MBS amid controversial events, including a murder case involving a journalist.
Despite objections from within the Saudi fund itself, Kushner's firm has reportedly received at least $112 million in fees since 2021. The House Oversight Committee has initiated an investigation into the sizable investment. Kushner has defended his business dealings with Saudi Arabia, referring to MBS as a "visionary leader." His firm has invested nearly $1. 2 billion since its inception, largely funded by this lucrative Saudi investment. Despite the controversy, Kushner's financial success post-White House has considerably increased his net worth, with estimates nearing ten figures.
How Much Does Kushner Personally Own?
In March 2023, Jared Kushner was revealed as the sole owner of a firm with approximately $3. 1 billion in assets under management. The majority of his personal assets—around $3 billion—are linked to the Affinity Partners Parallel Fund I. Overall, Kushner's family, including his brother Josh and parents Charles and Seryl, holds a fortune estimated at $1. 8 billion, primarily in real estate, with their holdings valued between $167. 5 million and $569.
5 million. Kushner’s financial disclosure shows he has a 20% stake in Kushner Companies, alongside ownership in the Saudi-backed Affinity Partners private equity firm. This firm is estimated to be worth $170 million to Kushner. During their time in the Trump administration, Jared and Ivanka Trump reportedly earned $640 million, while Kushner garnered significant investments post-White House. Josh Kushner's personal wealth has surged to approximately $3.
7 billion, aided by Thrive Capital's successes. Notably, the Kushner family’s wealth is significantly tied to real estate in New York and New Jersey, with reports suggesting they own less than half of 60% of their properties. Despite his relocation for political roles, Kushner's family's real estate business has thrived.
How Much Money Did Trump Make While President?
During his presidency, Donald Trump reported over $1. 6 billion in revenue from his businesses, including the Trump Organization. Initially, his companies generated approximately $650 million annually; however, this fell to an estimated $450 million in 2020 due to the Covid-19 pandemic. Trump's earnings during his single term could total as much as $1. 79 billion based on financial disclosures. Contrary to claims suggesting he was unpaid while in office, he received at least $7.
8 million from foreign governments, bolstering concerns about conflicts of interest as he did not divest from his business holdings when he took office. This discrepancy raises questions about the financial ties between his presidency and personal profit. Trump's net worth reportedly decreased by about $700 million during his presidency, attributed largely to pandemic-related impacts, while a new report indicated he benefited from around $13. 6 million in foreign payments.
Despite claims that serving as president cost him $3 billion to $5 billion, evidence points to substantial financial gains from international dealings. Throughout his tenure, Trump’s businesses continued to engage in revenue-generating activities from foreign entities, leading to ongoing scrutiny regarding his financial interests during his time in the White House.
Which President Is A Billionaire?
The list of U. S. presidents by peak net worth showcases significant financial disparities, with Donald Trump recognized as the wealthiest president in history. At a peak net worth of $7. 1 billion, Trump outshines other notable figures such as George Washington ($707 million), Thomas Jefferson ($284 million), and Barack Obama ($250 million). Many presidents, particularly those before 1845, accumulated vast wealth, yet often faced debt that diminished their net worth at death.
Trump, the only billionaire president, served from 2017 to 2021 and had a substantial fortune primarily tied to his New York real estate holdings. Although Trump's wealth is sometimes debated, he claimed that his presidency has been financially costly. Joe Biden, despite earning $17. 3 million post-vice presidency, has a modest net worth of $8 million. The list reflects how financial success varies among presidents, often influenced by inheritance or business acumen.
Key figures in Trump's administration, including high-profile billionaires, collectively boast wealth that exceeds the GDP of numerous countries, highlighting the intersection between wealth and political leadership in contemporary America. The earlier presidents predominantly emerged from affluent land-owning backgrounds, shaping the financial landscape of political office.
How Many Pardons Did Biden Give?
President Joe Biden has exercised his constitutional power to issue pardons and commutations throughout his presidency. As of December 2024, he has granted a total of 27 full pardons and commuted 132 sentences, including multiple clemency actions for nonviolent drug offenses. On April 26, 2022, he made a notable move by pardoning three individuals and commuting the sentences of 75 others. Recently, he issued pardons to six individuals, with his son, Hunter Biden, being the 26th pardoned individual during his term.
Hunter faced sentencing for federal gun and tax crimes, which were pardoned on December 1, 2024, as Biden emphasized his commitment to not interfere with the Justice Department. In comparison, former presidents George W. Bush, Barack Obama, and Donald Trump issued 200, 192, and 237 pardons respectively. Biden’s decision-making reflects a broader approach towards clemency that resonates with previous administrations’ practices.
How Much Money Does The Kushner Family Have?
Charles Kushner owns Kushner Companies, while Murray manages the Kushner Real Estate Group. Estimates suggest Charles's family wealth exceeds $1 billion, with the overall Kushner family's net worth reaching approximately $7. 1 billion. Jared Kushner, Charles's son and former senior advisor to President Trump, and Ivanka Trump reportedly amassed between $172 million and $640 million in outside income during their White House tenure. They declared substantial earnings in their final financial disclosures, amounting to between $23.
8 million and $120. 7 million in 2020 alone. After leaving office, Jared established a private equity firm, attracting a notable $2 billion investment from Saudi Crown Prince Mohammed bin Salman. Despite Jared's exit from the family business for a time, Kushner Companies continued thriving with significant growth in residential real estate. Notably, Josh Kushner emerged as the wealthiest family member, securing a spot on Forbes' list of the richest individuals globally as the founder of Thrive Capital. The Kushner family's involvement in real estate and investments has notably influenced their financial landscape and connections with the Trump administration.
How Rich Is Donald Trump In 2024?
The net worth of Donald Trump, the President-elect, remains a topic of interest with varying estimates from different sources. As of mid-November 2024, Forbes assesses his wealth at approximately $5. 5 billion, while Bloomberg places it higher at $6. 32 billion. Trump has publicly declared his net worth to be significantly higher. Notably, his net worth surged by $4 billion recently, largely due to a remarkable increase in the stock price of Trump Media, which rose over 249% after starting October at $16.
16. By early March 2024, Forbes reported Trump’s wealth at $2. 6 billion, while the Bloomberg Billionaires Index identified it as $7. 7 billion in June. Donald Trump’s wealth stems primarily from real estate and his social media platform, Truth Social, which has become a significant asset in his portfolio. In addition, following his election win, billionaires and affluent business figures have rallied around him, further indicating his influence.
Trump's financial status, influenced by fluctuations in his investments, has seen him oscillating in the wealth rankings, but he consistently remains among the elite. His financial trajectory reflects both his business ventures and his political standing, indicating that his net worth may continue to fluctuate dramatically in the years ahead.
Who Is Joseph Kushner?
Joseph Kushner, originally from Novogrudok, Belarus, was a notable real estate developer who survived the Holocaust and later established a successful career in the United States. Born as Joseph Berkowitz on October 10, 1922, he became a significant figure in American real estate, accumulating a portfolio of over 4, 000 apartments, houses, and various properties by the time of his passing on October 5, 1985. As the patriarch of the Kushner family, he was the grandfather of Jared Kushner, a senior advisor to former President Donald Trump.
Joseph’s son, Charles Kushner, graduated from Hofstra University and joined the family real estate endeavors, co-founding Kushner Companies in 1985. Joshua Kushner, another prominent family member and Joseph’s grandson, is a successful venture capitalist, founding Thrive Capital and investing in notable startups like Instagram and OpenAI. He is married to supermodel Karlie Kloss. The Kushner family remains influential in both real estate and technology sectors. Joseph's legacy continues through his children and grandchildren, who have carved their own paths in various industries, maintaining the family's prominence in American society.
📹 Trump Names INSANE PARDONED-CRIMINAL FAMILY-MEMBER Charles Kushner Ambassadorship!!!
Jesse talks about the wildly embarrassing choice of Charles Kushner as ambassador to France. Subscribe to my weekly podcast, …
Look how they tried to get to his son! They were relentless! Barron was very young but still not off limits, ransacking his bedroom. His adult children made a choice to stand with their father, Barron is not making the same choice. He’s choosing to focus on his education and future, he should be 100% off limits, and he deserves to live life without the being probed at. He has a secret service detail, and he should, but outside of that, he needs to grow for his own future.
WISDOM OF MIND & HEART = 2024 ?? It’s not a reporter who gives us freedom of voice it’s not any judge, lawyer, candidate, preacher, or teacher but the blood of a soldier that has sacrificed by choice. To vote to save our country from lies which keep us apart we must vote by the wisdom of our mind and heart! That flag on the moon with red and white stripes Proves America’s dreams come true. A country of most who line up to protect The past, the present and few! By Tom Zart
It’s the best idea. I finally understood why he had them in his first administration: He needed people he could trust. The problem is that it gives the appearance of impropriety. They were accused of enriching themselves (which I don’t think happened) but there are many qualified people that share some of the same goals.
I don’t blame them. I’m sure they’ll have conversations still and get their input. He needed their input in his first term to keep snakes away from their Dad. They all still have children to raise. They did a great job the last 4 years working his campaign. President Trump has his Army now, he will have his loyal soldiers he figured out the past 8 years and he has Elon, Bobby, Tucker, Roseanne, Tulsi, Lara, MTG, Kari Lake, Flynn, and so many more. 2025 is going to be epic!❤🇺🇸👊👍🙏💪🍿
Yes.GOOD DECISION.After 2020 loss,husband wife duo switched over to Dem. for favours.Daughter and in law never ever in the wildest of their dreams thought that another day their dad would be resurrected as POTUS. They thought that a plethora of civil and criminal charges would decimate their dad’s prospects and resurrection.Poor chaps.Let them be saved as such.
Yes, the kids need their own business and not daddy. Melania need to be there for Baron. President Trump is going to be very busy for us Americans. Many wars, illegal immigrants, to stop the ban of gas cars and make the car industry more efficient so as the electrical cars., better lithium batteries or not. Go President Trump.
It should be illegal when a president is elected to allow relatives to hold a position in the Whitehouse. All other people are visitors unless, of course, you have young children live in the White House, but then they have nothing to do with running the country. Nepotism is destructive, I think Trump learned that lesson from the last time🇨🇦
I agree with Trump…I pray they will support him, they will, and they do. And he would not be wrong to take enough vacation time to regroup. We need to relax to clear our heads, and rejuvenate them and our bodies. Like Senator Mike Lee, I support him…he deserves it so much. I hope he gets quiet contemplation time, and studies and prays about the Lord, and his own purposes here on this earth. The Lord has said, “My yoke is easy, and my burden is light.” Thank God for the relief through following him, we need to repent as a nation, every one of us, and I thank the Lord for his atonement, and willingness to die for us on earth, without flinching, so we may live!! We cannot help what man can do, but I know that he lives, and can help us at any time, anywhere, and with anything!!
I dont really like his family being involved, but honestly, what Kushner accomplished with the Abraham Accords was quite the feat. Still, I think its better to have a separation. I’d love to see Melania get more involved though. The media was so awful to her though I dont blame her if she just wants to focus on her family.
He’s quite a strapping lad ain’t he? a bit of it shoveled into the trough early i would imagine! Getting some should be a cake walk yeah? Not like us blokes whom gotta tell the same ole’ bar stories, make sure our zipper us taut yeah?? we all can’t have it all eh? community college educated….in our twenties…still living at home….driving your older brothers cast off!! Yeah….Poor Byron…so neglected and shuttered to the back of the room – Poor chap!! Life just ain’t gonna be fair for this ole boy!! lol
It takes a true Martyr to be the president. I really don’t blame him. He is now the president and is famous, known by everyone, literally everyone in the world. This makes him a target, and I know he doesn’t want them risked because of his presidency. Such a strong man, but don’t worry, he has very strong and powerful allies like Elon and Vance and many others, his family can now rest away from political dangers.
Honestly I think that’s why I didn’t like Trump in the first place. Why bring your entire family to your workplace. To me it was just very very very privileged and it felt wrong. But this just shows that Trump learned his lesson and is changing that which was a huge reason why i voted for Trump. When he is wrong, he recognizes it and changes for the better.
It was a natural thing to bring his family on board the first time, because who else can you trust as an outsider coming in? And we now know that there was a real threat from inside the existing White House politics. Who knows what would’ve happened to President Trump if he had not had Jared and Ivanka protecting his back? But I am glad they’re staying away this time and President Trump has people around him who he can trust. Let’s go!