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Kushner's Billion-Dollar Net Worth Spurs Saudi Fund Probe

6/13/2026

Summary

Story summary

Jared Kushner’s net worth topped $1 billion after Affinity Partners began charging a 1.25 percent fee that yields $60 million annually.
As an envoy, Kushner is raising billions from Gulf sovereign wealth funds for Affinity, sparking a congressional probe.
Saudi Arabia’s Public Investment Fund put $2 billion into Affinity and obtained the right to join fundraises.
Watchdog Jeff Hauser said Kushner’s diplomatic role and profit-seeking from same regimes create a conflict of interest.

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Story summary

Jared Kushner’s net worth topped $1 billion after Affinity Partners began charging a 1.25 percent fee that yields $60 million annually.
As an envoy, Kushner is raising billions from Gulf sovereign wealth funds for Affinity, sparking a congressional probe.
Saudi Arabia’s Public Investment Fund put $2 billion into Affinity and obtained the right to join fundraises.
Watchdog Jeff Hauser said Kushner’s diplomatic role and profit-seeking from same regimes create a conflict of interest.