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Joshua Kushner is a well-known person in the business and venture capital worlds. His business ventures and strategic investments have caused a lot of buzz.
Joshua Kushner is the younger brother of former White House advisor Jared Kushner. He has gone his own way and become a strong force in the banking and technology industries.
Joshua co-founded the investment company Thrive Capital, which has made successful bets on many high-profile startups like Instagram, Slack, and Oscar Health. Joshua Kushner has a large net worth because he has a good sense for good business ideas and can spot new trends.
This post will look into Joshua Kushner net worth, where his money comes from and what effect his business ventures have had.
What is Joshua Kushner’s Net Worth and Salary in 2023?
In 2023, Joshua Kushner’s net worth is estimated at $3.5 billion. His $5.3 billion investment firm, Thrive Capital, grew from his successful entrepreneurial investments.
His salary is unknown, but his fortune has come from investments and company performance.
Joshua Kushner Overview: Why is Joshua Kushner Famous?
Early Life and Education
Joshua Kushner was born to a Jewish family on June 12, 1985, in Livingston, New Jersey. Charles and Seryl Kushner were famous real estate developers, and his grandparents came to the United States in 1949 after escaping the Holocaust.
Growing up, Joshua and his siblings worked with their father, visited properties, and learned about the family business. In 2004, Joshua followed in his older brother Jared’s footsteps by attending Harvard College, where he graduated in 2008.
Joshua met powerful people like Goldman Sachs CEO Lloyd Blankfein’s son Alexander Blankfein and Heineken beer heir Alexander de Carvalho at Harvard.
During his sophomore year, he co-founded Scene, a pop culture student publication that received mixed reviews. After finishing college, Joshua went on to Harvard Business School and graduated in 2011.
Career
Thrive Capital, a venture capital business he founded at 24, is managed by him. As some of the world’s most famous billionaires have invested in his investing firm, Kushner has amassed a multibillion-dollar fortune.
With a keen eye for successful ventures, Kushner has backed numerous prominent startups, such as:
- Twitch
- Warby Parker
- GitHub
- Spotify
- Stripe
- Slack
His entrepreneurial spirit was evident even at Harvard College, where he co-founded several startups like the student-loan platform Unithrive and Brazilian social gaming company Vostu.
Kushner put off going to Harvard Business School so he could work at Goldman Sachs’ distressed-debt desk. In 2009, he finally went to HBS and became interested in venture capital. Instead of doing a typical summer job, he invested in companies like Kickstarter and GroupMe as a angel.
Apart from his success with Thrive Capital, Kushner has also co-founded or incubated five more companies, Kushner companies:
- Oscar Health
- Maple (prepared foods)
- Capsule (digital pharmacy)
- Cedar (patient billing)
Joshua Kushner is Jared Kushner’s brother, Ivanka Trump’s son-in-law, and a former top advisor to former U.S. President Donald Trump. Despite this, Joshua Kushner has made his way in the business world and become a self-made man.
Personal Life
Josh Kushner and beauty and supermodel Karlie Kloss have been in a loving relationship since 2012. After dating for almost six years, the couple engaged in July 2018 after Kloss converted to Judaism, Kushner’s religion.
In October 2018, they got married in a small, private ceremony in upstate New York. In July 2019, they had a second wedding to celebrate.
In October 2020, multiple sources confirmed that the couple was expecting their first child together. They welcomed their son into the world in 2021, and during the 2023 Met Gala, Kloss revealed that she was pregnant with their second child.
FAQs about Joshua Kushner
How did Joshua Kushner make his money?
Joshua Kushner built his fortune through successful venture investments since founding Thrive Capital in 2009. His firm has invested in companies like Spotify, Instagram, and Twitch.
How does Joshua Kushner’s net worth compare to his brother Jared’s and previous President Trump’s?
Joshua Kushner’s $3.5 billion net wealth exceeds Jared and Ivanka Trump’s combined assets of $206 million to $803 million and Donald Trump’s estimated $2.6 billion.
How much is Karlie Kloss worth?
Karlie Kloss’ net worth is reported to be $40 million.
Conclusion
In conclusion, Joshua Kushner’s wealth shows how smart he is as an entrepreneur and how wisely he spends his money. Thrive Capital and his astute investments in promising businesses have made him wealthy and famous. He has been successful because he has been able to spot new trends and use them to his advantage.
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