How Josh Kushner Became a Savvy Entrepreneur and Investor
Josh Kushner comes from a Jewish family with significant interest in real-estate and politics. What is his net worth and has he been successful in his own right?
Dec. 30 2020, Published 9:04 a.m. ET
Entrepreneur and investor Joshua Kushner, also known as Josh Kushner, is the founder of investment firm Thrive Capital. He’s also among the founders of insurance technology startup Oscar Health. Google parent Alphabet made a $375 million investment in Oscar Health in 2018. What is Kushner’s net worth? How did Kushner meet his wife Karlie Kloss?
Kushner grew up in New Jersey in a Jewish family. He started his career at Goldman Sachs in the bank’s private equity arm after graduating from Harvard Business School. Previously, Kushner tried his hands in several ventures including founding students lending startup Unithrive and social network Vostu.
Kushner’s Thrive Capital focuses on media and Internet investments. It invested in Instagram, the photo-sharing app that Facebook bought in 2012 for $1 billion in cash and stock. Facebook buying out Instagram resulted in Thrive doubling its money in the business, which helped bolster Kushner’s net worth.
Thrive Capital’s other investments include payments company Stripe and fitness class provider ClassPass. The venture firm has also invested in Robinhood, Lemonade, and Instacart, and Slack Technologies. Spotify CEO Daniel Ek described Kushner as “a hybrid of an investor and an entrepreneur,” adding that he’s “really good at building a business."
Is Josh Kushner related to Jared Kushner and what are their political views?
Kushner is one of Jared Kushner's brothers. Jared Kushner is President Trump’s senior adviser and son-in-law. Jared is married to Trump’s daughter Ivanka. However, the Kushner brothers have different political views.
While Jared tends to be conservative, Josh is liberal. Kushner and his wife Karlie Kloss said that they didn’t vote for President Trump. Kloss actually revealed in a social media post that she voted for Hillary Clinton in 2016.
While Jared is a Republican, his family has traditionally donated to Democratic politicians. Kushner doesn’t publicly comment on President Trump to avoid embarrassing his older brother. Their father is real estate magnate Charles Kushner. The Kushner brothers founded real-estate investment company Cadre.
How much is Josh Kushner worth?
Kushner’s net worth is estimated at $800 million. The venture capitalist’s wealth is linked to his personal business ventures and his family’s real estate portfolio, which was estimated at $7 billion in 2018. Kushner has a share in the family’s real estate business.
How did Karlie Kloss and Josh Kushner meet?
Karlie Kloss and Kushner met in 2012. They were first spotted together at a Victoria's Secret Fashion Show after-party in November 2012. Before Kushner, Kloss reportedly dated St. Louis Rams quarterback Sam Bradford.
Kloss and Kushner got married in 2018 after dating for six years. They tied the knot at a largely private Jewish ceremony in New York. Ivanka Trump attended the exclusive wedding.
The couple hosted a more open wedding party in 2019 in Wyoming. Kloss converted to Kushner’s Judaism faith before they got married. Ivanka also converted to Judaism before marrying Jared Kushner.
Kloss’s net worth is $40 million. She has made good money from her modeling career, which she started in her teens. Kloss also has real estate and media investments. She led the group of investors that acquired fashion publication W Magazine.