| Net Worth: | $3.5 Billion |
|---|---|
| Date of Birth: | June 12, 1985 (39 years old) |
| Gender: | Male |
| Height: | 6ft 2 inches (1.88 m) |
| Profession: | Businessman, Entrepreneur, and Investor |
| Nationality: | United States of America |
What is Joshua Kushner’s net worth?
Joshua Kushner is an American Investor, Businessperson, and Entrepreneur who has a net worth of $3.5 billion. He is the co-founder of Oscar Insurance and the owner of the venture capital firm Thrive Capital.
It should also be emphasized that he hails from a very prosperous real estate family. Jared Kushner, Ivanka Trump’s sister-in-law, is Joshua’s brother.
According to Jared’s 2018 wealth declaration filing, the siblings’ respective shares of the family trust, which manages a $7 billion real estate portfolio, are each worth $800 million.
Josh wed Karlie Kloss, Victoria’s Secret model, in 2018. They started dating in 2012.
Early life and Education
Livingston, New Jersey is the home of Joshua Kushner, who was born there in June 1985. His parents are Charles and Sheryl Kushner.
His paternal grandparents were Holocaust survivors from Poland who immigrated to the US after the war. Joseph, his grandpa, established the foundation for the family’s real estate enterprise.
Nowadays, the Kushner Companies is a very successful real estate development corporation with a portfolio that includes over 4,000 units in New Jersey and over 60 significant structures in New York City, including the GM Building, 229 West 43rd Street, and 666 Fifth Avenue.
Charles was given a two-year prison term in 2005 after being found guilty on 18 criminal counts. He has already served 14 months of that time. Also, he was disbarred in New Jersey and given a $500,000 fine.
Harvard and Harvard Business School both conferred degrees on Josh in 2008 and 2011, respectively.
Thrive Capital
Joshua Kushner began his career at Goldman Sachs, but a year after graduating from Harvard University, he had already established Thrive Capital, a venture capital business. With two rounds of investments, Thrive was Instagram’s second-largest investor.
The second Instagram investment made by Thrive was valued privately at $500 million. It was completed in April 2012. A few days after the sale was finalized, Facebook paid $1 billion to acquire Instagram.
In addition, Thrive invested in Oscar Health Inc. early on and eventually acquired a 20% stock position in the business. However, after becoming public in March 2021, Oscar’s stock price fell by more than 90%.
Thrive Capital raised $175 million in January 2023 from a group of billionaires including Mukesh Ambani, Henry Kravis, and Jorge Paulo Lemann.
Thrive was valued at $5.3 billion in the investment round. Josh was then the owner of almost 50% of Thrive’s shares. Josh’s net worth rose to $3.5 billion after factoring in the riches of his family.
It’s interesting to note that Josh is now $1.5 billion richer than Donald Trump, the father-in-law of this sibling.
Personal Life
In 2012, Josh started dating the model Karlie Kloss. July 2018 saw their engagement, and October 2019 saw their nuptials. Karlie converted to Judaism before getting engaged. 2021 saw the birth of their first child.
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