The Kushners’ Golden Ticket: A $7.1 Billion Real Estate Empire
As Donald Trump prepares to return to the White House, his daughter Ivanka and her husband, Jared Kushner, have made it clear they won’t be joining him. The power couple has traded in their political ambitions for a life of luxury in Miami, where they’re enjoying the fruits of their labor – a $24 million megamansion on Indian Creek Island.
A Family Affair: The Kushners’ Rise to Wealth
Ivanka recently opened up about her decision to leave politics behind, citing the toll it takes on her family. “I know the cost, and it’s a price that I’m not willing to make my kids bear,” she said on “The Skinny Confidential” podcast. Instead, she’s focusing on being a full-time mom, a decision undoubtedly influenced by her lavish lifestyle in Miami.
From Debt to Diversification
The Kushners’ real estate empire has been thriving, growing their wealth from $1.8 billion in 2016 to $7.1 billion in 2024. So, how did they do it? The family made some savvy business moves, starting with the sale of their debt-ridden property, 666 Fifth Avenue, in 2018. They then diversified their portfolio by investing in apartment complexes in New Jersey, Miami, and other parts of the South, swelling their portfolio to over 27,000 units in 15 states.
The Affordable Housing Boom
The Kushners hitched their business wagon to a sorely needed commodity: affordable housing. By focusing on areas with booming populations, such as the Sunbelt, they’ve created a portfolio of solidly performing apartment buildings that produce substantial cash flow.
Jared’s Saudi-Backed Venture
Jared’s net worth has soared thanks to his private equity firm, Affinity Partners, which he set up in 2021. The firm has raised $2 billion from Saudi Arabia’s sovereign wealth fund, as well as investments from wealth funds in Qatar and Abu Dhabi. This influx of capital has propelled Jared’s net worth to new heights.
A Family of High Achievers
Despite Jared’s success, his brother Josh is reportedly the wealthiest, thanks to his successful investments in tech startups like Instagram and OpenAI. The Kushner family’s real estate empire is a testament to their business acumen and ability to adapt to changing market conditions.
Investing in Commercial Real Estate
Commercial real estate has historically outperformed the stock market, offering a lucrative opportunity for investors. With platforms allowing individuals to invest in commercial real estate with as little as $5,000, it’s easier than ever to tap into this market. Whether you’re a seasoned investor or just starting out, now is the perfect time to explore the world of commercial real estate.
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