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Jared Kushner Joins Billionaire Ranks, Forbes Estimates

Forbes ties the valuation to Affinity Partners’ expansion funded by Middle Eastern investors.

Overview

  • His March filing shows he owns 100% of Affinity Partners, which manages nearly $5 billion across multiple countries and sectors.
  • Forbes reports Affinity has raised about $4.6 billion, including large commitments from Qatar’s sovereign wealth fund and UAE-linked Lunate.
  • The firm spent roughly $250 million for a 10% stake in Israel’s Phoenix, a bet Kushner told Forbes has returned more than nine times its cost.
  • His Indian Creek Island home bought for $32 million in 2020 is now valued at least at $105 million, according to Forbes.
  • Forbes also counts a roughly $560 million stake in Kushner Companies and values Affinity itself at about $215 million.