Josh Kushner bother of Donald Trump's along with Disney's former CEO Bob Iger are set to buy Los Angeles Lakers in a reported $12.5 billion deal. The transaction has put the businessman’s wealth, family background and personal life in the spotlight as he prepares to take on a larger role in the NBA.
Kushner is the younger brother of Jared Kushner, Donald Trump’s son-in-law, and is married to model Karlie Kloss. He built his business career largely through venture capital and technology investments.
Josh Kushner net worth
Kushner founded Thrive Capital in 2010, establishing himself as a prominent investor in the technology sector. The venture capital firm has invested in companies including Instagram, Spotify and OpenAI.
Forbes has previously estimated Kushner’s wealth at $5.2 billion, with a significant portion attributed to his stake in Thrive Capital. The firm raised more than $10 billion in its latest funding round, further strengthening Kushner’s position in the investment industry.
He also co-founded Oscar Health, adding the health insurance company to his business portfolio.
Kushner graduated from Harvard University in 2008 and later earned an MBA from Harvard Business School in 2011.
Josh Kushner's family relation to Donald Trump
Kushner is the son of real estate developer Charles Kushner and the younger brother of Jared Kushner.
Jared became prominent through his marriage to Ivanka Trump and his role as a senior adviser to Donald Trump during his first presidency. Josh, meanwhile, has largely concentrated on business and investments rather than politics.
The contrasting careers of the two brothers have frequently drawn attention to Josh's connection to the Trump family when his business activities make headlines.
Who is Josh Kushner's wife?
Josh Kushner married model Karlie Kloss in 2018. The couple has three children.
Their first son was born in March 2021, followed by a second son in July 2023. They welcomed a daughter in September 2025.
The couple generally keeps their family life private, while Kloss has continued her modeling career and business activities.
Kushner’s sports investments
Kushner's involvement in professional sports predates the Lakers deal. He previously held a minority stake in the NBA's Memphis Grizzlies, according to reports, while Thrive Capital has also expanded into sports investments.
The reported Lakers transaction would represent a significant increase in his involvement in the NBA, moving him from a minority investor in a franchise to a member of the ownership group of one of the league's most prominent teams.
Lakers deal worth reported $12.5 billion
The Associated Press reported that Kushner and Iger are purchasing the Lakers from Mark Walter for $12.5 billion. Walter acquired a controlling stake in the franchise from the Buss family for $10 billion in 2025.
The reported transaction still requires approval from the NBA's board of governors.
If completed at the reported value, the deal would become the most expensive transaction involving a sports franchise, further elevating Kushner's profile in the world of professional sports.
