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Trump - 4 Jared Kushner - 4 Kushner - 4 Jared - 2 — - 2 Trump's - 2 Ivanka Trump - 2 Donald J - 1
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8 mentions found


☆ As Kushner’s Investment Firm Steps Out, the Potential Conflicts Are Growing
  + stars: | 2024-04-09 | by ( Eric Lipton | Jonathan Swan | Maggie Haberman | ) www.nytimes.com   time to read: +1 min
Jared Kushner’s investment fund is not especially large by global finance standards. His $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. He has taken money from government wealth funds in Saudi Arabia, Qatar and the United Arab Emirates, as well as from Terry Gou, a founder of Foxconn, the Taiwan-based electronics manufacturer, whose role in Mr. Kushner’s firm has not been previously disclosed. Mr. Kushner’s firm, Affinity Partners, is collecting approximately $40 million a year in management fees from those investors even before any share of profits earned on investments. He has made 10 investments to date, totaling $1.2 billion, many of them in companies based abroad.
Persons: Jared, Donald J, Trump, Terry Gou, Kushner’s Organizations: Trump White House, United Arab, Foxconn, Securities and Exchange Commission, Mr, Affinity Partners Locations: Saudi Arabia, Qatar, United Arab Emirates, Taiwan
☆ Jared Kushner's $500 million investment deal in Serbia mirrors plans Donald Trump had a decade ago
  + stars: | 2024-03-18 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com   time to read: +3 min
Jared Kushner is partnering with Serbian officials to build a luxury hotel in Belgrade, per the NYT. The $500 million contract mirrors plans Donald Trump had made nearly a decade ago, per the outlet. AdvertisementA tentative deal has been struck between Jared Kushner, his investment firm Affinity Partners, and Serbian officials to build a luxury hotel in Belgrade. Bloomberg reported Kushner recently ruled out re-joining the Trump administration if his father-in-law wins his reelection bid. Even after distancing himself from the Trump administration, Kushner has made big money through his investment and development firms.
Persons: Jared Kushner, Donald Trump, Kushner, —, Kushner's, Trump, Trump's, Ivanka Organizations: Serbian, Service, Affinity Partners, New York Times, Times, Yugoslav Ministry of Defense, Trump Organization, Trump, Business, Trump White House, Bloomberg, White Locations: Belgrade, Serbia's, Serbian, Saudi, Persian
☆ Jared Kushner says he wouldn’t serve in a second Trump administration
  + stars: | 2024-02-14 | by ( Alison Main | ) edition.cnn.com   time to read: +3 min
CNN —Donald Trump’s son-in-law Jared Kushner said Tuesday he does not plan on serving in a second Trump administration as he is committed to focusing on his business ventures. Kushner served as a senior adviser in his father-in-law’s administration. Kushner also headed up the White House Office of American Innovation, whose goal was to modernize government technology. Prior to working in the White House, Kushner had no political experience. He served as CEO of his family’s real estate development firm, Kushner Properties.
Persons: Donald Trump’s, Jared Kushner, Trump, that’s, ” Kushner, he’s, Kushner, Affinity Partners Kushner, Ivanka Trump, “, ”, Trump’s, Kaitlan Collins, Kate Bennett Organizations: CNN, White, Affinity Partners, Trump White House, Trump West Wing, Office, American Innovation, Kushner Properties Locations: Miami, China, Mexico, Canada, United States
☆ House Oversight Democrats ask GOP to subpoena Affinity Partners, Jared Kushner's $3 billion Saudi-backed private equity fund
  + stars: | 2023-08-31 | by ( Mattathias Schwartz | ) www.businessinsider.com   time to read: +4 min
Shortly after leaving the White House, Jared Kushner got $2 billion in funding from the Saudi government for his private-equity fund. Mohammed bin Salman, the Saudi crown prince who developed close ties to Kushner, pushed the deal through, the New York Times reported. Now, Democrats on the House Oversight Committee are asking the GOP to investigate with the same zeal they've applied to Hunter Biden. The letter puts special focus on a $2 billion investment from Saudi Arabia's Public Investment Fund. AdvertisementAdvertisementBut MBS, who chairs the fund, intervened to push the deal through, according to the Times' repoAffinity Partners now has an office in Miami.
Persons: Jared Kushner, Mohammed bin Salman, Kushner, they've, Hunter Biden, Jamie Raskin, Joe Biden's, Raskin, Donald Trump's, James Comer, Comer, Prince Mohammed bin Salman, Lockheed Martin, Jamal Khashoggi, Abraham, Austin Hacker, Hacker Organizations: White, New York Times, Service, Democratic, GOP, Affinity Partners, White House, Democrats, Saudi Arabia's Public Investment Fund, MBS, Trump, Intercept, The New York Times, Lockheed, National Security Council, Saudi, Times, Abraham Accords, Trump White House, Affinity, CNN Locations: Saudi, Wall, Silicon, Maryland, Saudi Arabia, Miami
☆ Chris Christie just made the GOP primary pettier with his deep beef against the Kushners
  + stars: | 2023-06-07 | by ( Sarah Gray | ) www.businessinsider.com   time to read: +5 min
The Chris Christie beef with the Kushner family runs deep. Chris Christie and the Kushner family was once again center stage on Tuesday in what is shaping up to be a pretty petty presidential primary season. "Jared Kushner and Ivanka Kushner walk out of the White House and months later get $2 billion from the Saudis. But his beef with the Kushner family goes back much further than this campaign cycle. Jared Kushner went on to work for four years at the White House as a senior adviser to his father-in-law.
Persons: Chris Christie, Kushner, Christie, Jared Kushner, Alex Thompson, —, Donald Trump —, Trump, Joe Biden, Trump —, Trump's, Ivanka Trump, Ivanka Kushner, Saudi Crown Prince Mohammed bin Salman, Jared, Jared's, Charles Kushner, savaging Sen, Marco Rubio, Mike Pence, PBS's Margaret Hoover, Mr, Charles Kushner's, Margaret —, Biden Organizations: Service, New, New Jersey Gov, Trump, White, Saudi Crown, Public Investment Fund, Kushner's Affinity Partners, New York Times, Federal, Commission, GOP Locations: New Hampshire, New Jersey, United States
☆ Jared Kushner's PE firm was backed by Emirates, Qatar - NYT
  + stars: | 2023-03-30 | by ( ) www.reuters.com   time to read: +1 min
March 30 (Reuters) - Wealth funds in the United Arab Emirates (UAE) and Qatar have invested hundreds of millions of dollars with former U.S. President Donald Trump's son-in-law Jared Kushner's private equity firm, the New York Times reported on Thursday. The Emiratis invested more than $200 million with Kushner's Affinity Partners, while a Qatari entity also put in a similar sum, the newspaper said, citing people with knowledge of the transactions. Kushner, who was also a top adviser to Trump, formed the Miami-based Affinity Partners in 2021, Reuters had reported. The investment from the UAE came through a sovereign wealth fund, but the Qatari investor's identity was unclear, the NYT report said. Abu Dhabi Investment Authority, Mubadala, Emirates Investment Authority, Affinity Partners, and the Qatar and UAE embassies in Washington did not immediately respond to Reuters requests for comment.
☆ Trump and Kushner's Saudi Ties Are an Ethical Minefield: Watchdog
  + stars: | 2023-02-15 | by ( Charles R. Davis | ) www.businessinsider.com   time to read: +12 min
Weeks after leaving office, Jared Kushner obtained a $2 billion investment from the Saudi government. The Saudi support came despite the kingdom's own financial advisers urging against any investment in Kushner's new company, citing the "inexperience" of its top brass. Let's start with Jared Kushner before we get into the LIV Golf situation. You have John Bolton, Trump's own national security advisor, making it very clear that you had somebody, like Jared — and President Trump, apparently — working to promote their business interests. Trump, not only did he keep his company, the Trump Organization, but he's a transactional president, right?
☆ Jared Kushner's private equity firm concealed the origins of Saudi-backed funds and used the SEC's own rules to help them do it, report says
  + stars: | 2023-02-13 | by ( Hannah Getahun | ) www.businessinsider.com   time to read: +5 min
In April 2022, The New York Times reported Jared Kushner received $2.5 billion in Saudi-backed funds. A new Washington Post report reveals how Kushner's company concealed the source of the funds. On an SEC form, a box reading "Sovereign wealth funds and foreign official institutions" was blank. In the form, Kushner lists Affinity as an "other business name." Kushner and his father-in-law, Trump, have received a fair share of scrutiny for their ties to the Saudi prince and his allies.
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