Jared Kushner bio
Jared, age 41, was born on January 10, 1981, in Livingston, New Jersey, US.His father, Charles Kushner, was a real estate developer. His father was a friend of Bill Clinton and Hillary Clinton and also endorsed Clinton’s campaign. He was brought up in an orthodox Jewish family. He completed his higher secondary schooling in 1999 at the Frisch School, a Modern Orthodox yeshiva high school. In the same year, he registered at Harvard University. One of the journalists reported that Jared’s father donated $2.5 million to Harvard before his son was admitted. At Harvard, he was chosen for the Fly Club; he endorsed the campus Chabad house. He bought and sold real estate in Somerville, Massachusetts, as the Vice President of Somerville Building Associates. He graduated from Harvard with a Bachelor of Arts degree in government in 2003.
Later, he was admitted to the joint-J.D /M.B.A program in New York university school of law and New York university’s stem school of business. Jared graduated in 2007 with both degrees. Kushner received his internship at Manhattan District Attorney Robert Morgenthau’s office. He married Ivanka Trump in 2009.
Then after, Ivanka converted to Judaism. Jared and Ivanka have three children together.
Jared Kushner’s Career
Kushner was a real estate investor and expanded Kushner company’s dignity in the New York real estate market. He acquired a three-building apartment portfolio in Middle River, Maryland, for $38 million with Aion partners on August 18, 2014. He and his companies in the same year were estimated to acquired more than 11000 units in New York, New Jersey, and the Baltimore area. In May 2015, he bought 50.1% of the Times Square Building from Africa Isreal Investments Limited for $295 million. In 2014, he co-founded cadre, an online real estate investment platform. In 2020, his cadre ownership stake was $25-50 million.
In 2006, Kushner owned The New York Observer (a weekly New York City newspaper) for $10 million. After his purchase, he published it in tabloid format. He was attributed to enhancing the Observers Media Group by expanding the observer’s online presence. Unfortunately, Kushner failed to maintain good relations with the newspaper’s veteran editor-in-chief, Peter W.Kaplan.”This guy doesn’t know what he doesn’t know, “Kaplan made a note about Kushner to colleagues. Kaplan resigned because of his disagreement with Kushner. Kushner, in January 2013, hired a new editor, chief Ken Kurson. Kurson was a consultant to Republican political candidates in New Jersey.
According to Vanity Fair, the observer has lost virtually all of its cultural currency among the New York elite. Still, the paper is prosperous and has reported traffic growth, capturing 6 million unique visitors per month. In April 2016, the New York Observer was one of the few magazines officially supporting U.S presidential candidate Donald Trump in the Republican primary. He favored Trump to run his digital media strategy. However, it stopped supporting any presidential candidate at the campaign’s end.
Kushner quit as CEO of Kushner companies and as the publisher of the Observer in January 2017 to follow President Donald Trump in his administration. He became a senior White House advisor and raised questions about nepotism. As senior advisor, Kushner strongly urged for criminal justice reform bill (called as First Step Act ), which Trump gave his permission in 2018. In January 2020, he empowered the Trump Peace Plan in the Isreal – Palestinian conflict, which was regarded as highly beneficial for Israel. Kushner played a crucial role in the Trump administration in negotiating the Middle East Peace Process, which led to the signing of the Abraham Accords and other normalization treaties between Isreal and the several Arab States in 2020. He shaped administrative actions and advised Trump that the media was exaggerating the covid threat in response to the Covid-19 crisis. In late April 2020, Kushner described the administration’s coronavirus as “a great success story. He was also a great broker in the U.S. -Mexico – Canada agreement, for which he received honors from the Mexican government.
Jared Kushner’s net worth
Jared earned $1.5 million from Westminster Management between April 2017 and June 2018. It is a company that owns 20000 apartment units in New York, Maryland, New Jersey, Pennsylvania, and Ohio. His April 2017 financial estimation revealed that he and Ivanka are the beneficiaries of a $740 million real estate and investment business trust.
Per the reports, both own art of collections worth about $25 million. Ivanka Trump holds $55 million worth of assets. As per the 2018 financial disclosure, she has an annual income of $135 million. In 2018, New York Times reported that Jared personally -handled real estate assets valued at $372 million. In 2019, another report marked that Ivanka Trump and Jared Kushner rented a 7000-square foot apartment in Washington, D.C. for $ 15000 per month. Jared’s net worth estimation is $ 800 million.
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