Jared Kushner is one of the most successful businessmen in the United States. He became famous for his unique business ideas and thoughts. Today, we will discover the facts behind Jared Kushner net worth and his career.
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Who is Jared Kushner?
Jared Kushner is an American businessman. He has invested in various profitable businesses. Jared is widely known as the son-in-law of former president Donald Trump through his marriage to Ivanka Trump.
He also served as a senior advisor to Trump from 2017 to 2021 and was the Director of the Office of American Innovation, created by the Trump administration on March 27, 2017.
Jared spent much of his career working as a real estate investor in New York City through his family business, Kushner Companies. He also established a private equity firm called Affinity Partners that invests in American companies expanding in the Middle East, Africa, and Asia
Short Bio of Jared Kushner
|Jared Corey Kushner
|January 10, 1981 (age 42)
|Livingston, New Jersey, U.S.
|6’ 3” (1.91 m)
|Businessman, investor, government official.
Jared Kushner Net Worth
Jared Kushner’s net worth in 2024 is estimated to be 800 million U.S. dollars. Being a successful investor and businessman is the main reason behind this massive net worth. He runs a successful family real estate business that acquired almost $7 billion in property over the next ten years.
Also, he purchased a popular newspaper company, The New York Observer, for $10 million. It generates a vast profit every year for him. Besides, Jared’s official government job significantly impacted his financial status.
Jared Kushner was born in Livingston, New Jersey. His father, Charles Kushner, is a real-estate developer and convicted felon who founded Kushner Companies in 1985. Jared’s father also was friends with Bill Clinton and Hillary Clinton.
Jared started high school at Frisch School, a Jewish day school, and graduated in 1999. After graduation, he started attending Harvard University. There, he was elected into the Fly Club. In 2003, Jared graduated from Harvard with a Bachelor of Arts degree in government.
Later, Jared enrolled in the joint J.D. and M.B.A. programs at New York University School of Law and Stern School of Business. He graduated with both degrees in 2007. After this, Jared interned at Robert Morgenthau’s office and also with Paul, Weiss, Rifkind, Wharton & Garrison at a New York law firm.
Sources Behind Jared Kushner Net Worth
Real Estate Business
Jared Kushner was an active real estate investor during his university years. After graduation, he joined his father’s New York metropolitan-based real estate company, Kushner Companies.
In 2007, Jared made an enormous deal for the company. He purchased an office building at 666 Fifth Avenue for a then-record price of $1.8 billion. Because of this contribution, Jared assumed the CEO role for the Kushner Companies in 2008.
Jared made another billion-dollar deal by purchasing a 130,000-square-foot office tower at 200 Lafayette Street in Manhattan for $50 million, which he sold for $150 million after two years.
Within 2024, Jared and his company acquired more than 11,000 units throughout New York, New Jersey, and the Baltimore area. In the following year, Jared’s company owns a 50.1% stake in the Times Square Building.
Jared co-founded Cadre (now RealCadre LLC), an online real-estate investment platform, with his brothers Joshua and Ryan Williams. Jared also made several million-dollar deals for this company. As of 2020, Jared’s ownership stake in Cadre was estimated at $25–50 million.
All of Jared’s real estate deals were successful, and his companies earned a vast profit from it. Thus, Jared’s real estate career became the major source of his net worth.
In 2006, Jared purchased a weekly New York City newspaper for $10 million named The New York Observer. It was a very popular newspaper in New York City.
At that time, the newspaper was printed in tabloid format every Wednesday. Currently, it has an exclusively online format that publishes news on its website, observer.com.
This online news portal also gained worldwide recognition. It became profitable and currently reported traffic growth of 6 million unique visitors per month, up from 1.3 million in January 2013. By which it earned a massive amount of profit for Jared each year.
In 2017, Jared stepped down from his newspaper role and assumed a role in President Donald Trump’s administration. He was appointed as the Senior Advisor to the President on January 20, 2017.
As a senior advisor, Jared represents the President. He also manages the communication with Congress, political challenges, staff, and special projects.
On March 27, 2017, Jared became director of the Office of American Innovation under President Donald Trump. It was mainly a White House Office created by the Trump administration.
Jared continued both of these positions until the last date of Donald Trump’s presidency. During this time, he completed several crucial duties, for which he received a good salary per month.
In 2018, Jared Kushner received the Order of the Aztec Eagle Award. It is a part of the Mexican Honors System and the highest Mexican order awarded to foreigners.
Jared Kushner met Ivanka Trump in 2005 through mutual friends. Later, they were involved in a relationship and married on October 25, 2009. Together, they have one daughter and two sons.
What is Jared Kushner net worth?
Jared Kushner’s net worth in 2024 is estimated to be 800 million U.S. dollars.
Is Jared Kushner a billionaire?
No, Jared Kushner is not a billionaire yet.
How much is Ivanka Trump’s net worth?
Ivanka Trump’s net worth in 2024 is estimated to be 300 million U.S. dollars.
Is Ivanka Trump Married?
Jared Kushner met Ivanka Trump in 2005 and married on October 25, 2009.
Jared Kushner net worth is a result of his quick successes. In business or politics, he applies his top skills to achieve a lavish financial status.