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Fortune
Fortune
Orianna Rosa Royle

Billionaire Joshua Kushner just bought the Lakers for $12.5 billion—OpenAI's Sam Altman once said he 'doesn't care' what others think

(Credit: Jamie McCarthy/Getty Images)

Joshua Kushner has just announced he is teaming up with former Disney CEO Bob Iger to buy the Los Angeles Lakers for a record-breaking $12.5 billion.

The new sale still needs approval from the NBA’s Board of Governors, but it would mark the largest sale price for a professional sports team in U.S. history—and just the latest in Kushner’s string of very lucrative investments.

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