Jared Kushner

Jared Corey Kushner (born January 10, 1981) is an American businessman and investor. He is the son-in-law of the president of the United States, Donald Trump, through his marriage to Ivanka Trump and served as a senior advisor in his father-in-law's first administration from 2017 to 2021. He was also director of the Office of American Innovation.

For much of his career, Kushner worked as a real-estate investor in New York City, especially through the family business Kushner Companies. He took over the company after his father, Charles Kushner, was convicted for 18 criminal charges, including illegal campaign contributions, tax evasion, and witness tampering in 2005, although Charles was pardoned by Trump in 2020. Jared met Ivanka Trump around 2005, and the couple married in 2009. He also became involved in the newspaper industry after purchasing The New York Observer in 2006. He was registered as a Democrat and donated to Democratic politicians for much of his life but registered as Independent in 2009 and eventually as Republican in 2018. He played a significant role in the Donald Trump 2016 presidential campaign, and was at one point seen as its de facto campaign manager. Around Trump's election, Kushner was frequently accused of conflicts of interest, profiting from policy proposals for which he personally advocated within the first Trump administration.

He became senior advisor to Trump in 2017, and held the position until Trump left office in 2021. His appointment was followed by concerns of nepotism. Here, he led the administration's effort to pass the First Step Act, a criminal justice reform bill signed into law in 2018. Kushner was the primary Trump administration participant for the Middle East Peace Process, authoring the Trump peace plan and facilitating the talks that led to the signing of the Abraham Accords and other normalization agreements between Israel and various Arab states in 2020. Kushner also played an influential role in the Trump administration's COVID-19 response, where he advised Trump that the media was exaggerating the threat of the disease. He was a leading broker in the United States–Mexico–Canada Agreement. Since leaving the White House, Kushner founded Affinity Partners, a private equity firm that derives most of its funds from the Saudi government's sovereign wealth fund.

In 2025, Kushner returned to an informal advisory role in the second Trump administration, serving, along with Steve Witkoff, as a key intermediary in diplomatic negotiations regarding the Gaza war and the Russian invasion of Ukraine.

Early life and education

Jared Corey Kushner was born on January 10, 1981, in Livingston, New Jersey, to Seryl (née Stadtmauer) and Charles Kushner, a real-estate developer and convicted felon. His father was friends with Bill and Hillary Clinton and attended several dinners with them. Morris Stadtmauer was Jared's maternal grandfather. His paternal grandparents, Reichel and Joseph Kushner, were Holocaust survivors who came to the U.S. in 1949 from Navahrudak, now in Belarus. Reichel, described as the family's matriarch, led efforts during the Holocaust to escape from the Navahrudak ghetto by digging a tunnel. Later, she became a member of the Bielski partisans.

Raised in a Modern Orthodox Jewish family, Kushner graduated from the Frisch School, a Modern Orthodox yeshiva high school, in 1999 and enrolled at Harvard University in the same year. According to journalist Daniel Golden, Kushner's father made a donation of $2.5 million to the university in 1998, not long before Jared was admitted. At Harvard, Kushner was elected into the Fly Club, supported the campus Chabad house led by Hirschy Zarchi, and bought and sold real estate in Somerville, Massachusetts, as a vice president of Somerville Building Associates (a division of Kushner Companies), returning a profit of $20 million by its dissolution in 2005. Kushner graduated from Harvard with honors in 2003, with a B.A. degree in government.

Kushner then enrolled in the JD/MBA dual degree program at the New York University School of Law and New York University Stern School of Business, and graduated with both degrees in 2007. He interned at Manhattan district attorney Robert Morgenthau's office, and with the New York law firm Paul, Weiss, Rifkind, Wharton & Garrison.

Business career

Following his father's conviction and subsequent incarceration between March 4, 2005, and August 25, 2006, Kushner took a much bigger role in the family real estate business. He set about expanding the business and acquired almost $7 billion in property over the next ten years, much of it in New York City.

Real estate

Kushner was an active real estate investor during his college years, and increased the Kushner Companies' presence throughout the New York City real estate market.

Kushner Companies purchased the office building at 666 Fifth Avenue in 2007, for a then-record price of $1.8 billion, most of it borrowed. He assumed the role of CEO in 2008. Following the property crash that year, the cash flow generated by the property was insufficient to cover its debt service, and the Kushners were forced to sell a controlling stake in the retail footage to the Carlyle Group and Stanley Chera and bring in Vornado Realty Trust as a 50% equity partner in the ownership of the building. By that time, Kushner Companies had lost more than $90 million on its investment. He was the face of the deal, but his father Charles Kushner pushed him to do the deal.

In 2011, Kushner purchased a 130,000-square-foot office tower at 200 Lafayette Street in Manhattan for $50 million, selling it two years later for $150 million. In 2013, his company led a transaction to purchase the Jehovah's Witnesses headquarters in Brooklyn Heights for $375 million and invested $100 million into the site, transforming it into a sprawling office park, and signing online retailer Etsy to a 10-year lease. The same year, Kushner co-founded WiredScore, a global organization that provides a digital connectivity certification rating the quality and resilience of digital infrastructure in buildings.

Throughout 2013 to 2014, Kushner and his company acquired more than 11,000 units throughout New York, New Jersey, and the Baltimore area. In August 2014, Kushner acquired a three-building apartment portfolio in Middle River, Maryland, for $38 million with Aion Partners, later selling the complex for $68 million. In May 2015, he acquired a 50.1% stake of the Times Square Building from Africa Israel Investments Ltd. for $295 million.

In 2014, Kushner, with his brother Joshua and Ryan Williams, co-founded Cadre (now RealCadre LLC), an online real-estate investment platform. His business partners included Goldman Sachs and billionaire George Soros, a top Democratic Party donor. In early 2015, Soros Fund Management financed the startup with a $250 million credit line. Kushner did not identify these business relationships in his January 2017 government financial-disclosure form. He did, however, disclose his ownership of BFPS Ventures, the company that housed his stake in Cadre. In 2020, his ownership stake in Cadre was estimated at $25–50 million.

Newspaper publishing

In 2006, Kushner purchased The New York Observer, a weekly New York City newspaper, for $10 million, outcompeting a bid by Trifecta Enterprises, a group headed by Robert De Niro. To make the bid, Kushner used money he says he earned during his college years by closing deals on residential buildings he purchased in Somerville, Massachusetts, with family members providing the backing for his investments. The buildings, which he purchased for $8.3 million in 2000, sold four years later for $13 million.

After purchasing the Observer, Kushner published it in tabloid format. Since then, he has been credited with increasing the Observer's online presence and expanding the Observer Media Group. With no substantial experience in journalism, Kushner could not establish a good relationship with the newspaper's veteran editor-in-chief, Peter W. Kaplan. "This guy doesn't know what he doesn't know", Kaplan remarked about Kushner, to colleagues, at the time. As a result of his differences with Kushner, Kaplan quit his position. Kaplan was followed by a series of short-lived successors until Kushner hired Elizabeth Spiers in 2011. It has been alleged that Kushner used the Observer as propaganda against rivals in real estate. Spiers left the newspaper in 2012. In January 2013, Kushner hired a new editor-in-chief, Ken Kurson. Kurson had been a consultant to Republican political candidates in New Jersey.

According to Vanity Fair, under Kushner, the "Observer has lost virtually all of its cultural currency among New York's elite, but the paper is now profitable and reporting traffic growth ... [it] boasts 6 million unique visitors per month, up from 1.3 million in January 2013". In April 2016, the New York Observer became one of only a handful of newspapers to officially endorse United States presidential candidate Donald Trump in the Republican primary, but the paper ended the campaign period by choosing not to back any presidential candidate at all.

Kushner stepped down from his newspaper role in January 2017 to pursue a role in President Donald Trump's administration. He was replaced by his brother-in-law, Joseph Meyer.