A recent analysis showed that only 1% of investments in Jared Kushner’s private equity firm came from sources in the United States, reportedly stunning an economic analyst viewing the data.
Trump’s son-in-law purportedly took in $2 billion from the Saudis, prompting Steven Rattner to say he’s never seen anything like it, according to Salon’s report.
“Economic analyst Steven Rattner on Monday shared a pie chart showing that all but 1% of the $3 billion in investments in former President Donald Trump’s son-in-law Jared Kushner’s private equity firm Affinity Partners came from foreign sources after he ‘spent much of his White House tenure cozying up’ to Saudi Arabia and Crown Prince Mohamed bin Salman,” the outlet reported. “The Saudis invested $2 billion in Kushner’s fund while the United Arab Emirates and Qatar each added another $200 million. About $625 million came from other non-U.S. sources while only $31 million came from sources inside the U.S. Rattner told MSNBC that he’s ‘never seen this’ in 40 years in the business.”
Jared Kushner spent much of his White House tenure cozying up to MBS & Saudi Arabia.
— Steven Rattner (@SteveRattner) August 14, 2023
Six months after leaving Washington, his private equity firm landed $2 billion in investments from the Saudi sovereign wealth fund. @Morning_Joe pic.twitter.com/NSeCFBuyXV
Rattner reportedly added:
“I’ve never seen somebody get two-thirds of their money from a single investor. Usually a single investor might be a few percent of the fund, might be 5 percent, occasionally 10 percent.”
The report noted that Rattner said that Kushner has hired some people for his fund, but, “I’ve seen nothing else about what he’s actually done with the money.”
He reportedly continued:
“It is normal to invest this money over a period of several years, so I don’t think we can draw a firm conclusion yet. But, again, we’re going back to a guy who’s a real estate guy, and frankly, not a particularly good one at that, who’s suddenly got $3 billion trying to do private equity deals competing against people who’ve been in this business for a long time. And I wouldn’t, if I were the Saudis, count on making a lot of money from this any time soon.”
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Kushner received 2 Billion from the Saudis after being on the White House staff. If that is questionable then an investigation should be done. Just like the Republicans are asking for or are doing an investigation into the Bidens over 20-30 million dollars.
But J. Kushner seems to be like his Father-law.
He will do something like this and think no one will notice. And if they do it will be another way of the government coming after me.
Thats what Trump keeps saying and it scares me.
At rallies He says ‘They are coming after You but I am in the way’. He may be going to trial or jail. Who is going to stop the government from coming after me? I mean it. His followers are going to go ballistic. ( sorry for going off topic but I am concerned)
What is wrong with opening up a private equity firm with 99% Foreign Investors?
Maybe J. Kushner created an investment firm geared at a certain area because of the large amount from the Saudis. It’s the Middle East. Is it wrong to open up an investment firm that wants to show their investors that they are committed to give them the attention that they deserve and not worry about share holders considering the large amount from the Saudis?
Does J. Kushner have any other ‘Private’ investment firms?
As stated above if questionable, which I believe it is, then an investigation should be done but not by the Democrats. At first anyway.
What ever agency is supposed to look into White House Staff receiving money from a Foreign nation should be doing it.
I don’t know if J. Kushner got the Saudis money before or after he left the White House.
Certainly if during then an investigation should be done.
I would have liked to have seen the pie chart.
This topic is just an effort to divert attention from the truth- that the Bidens have committed extortion and should be tried as traitors to the US!!
The trump family has made billions from being in government service. J Kushner was making money off Saudis while working for the government, he is the one who should be arrested.