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Looks like Trump’s son-in-law Jared Kushner has done a lot better that #HunterBiden!

#Kushner’s Fund Has Reaped Millions in Fees, but So Far Returned No Profits

The private equity firm run by #JaredKushner, the son-in-law of former President Donald J. #Trump, has been paid at least $112 million in fees since 2021 by #SaudiArabia and other foreign investors, even though as of July it had not yet returned any profits to the governments largely bankrolling the firm

nytimes.com/2024/09/25/us/poli…

Text Shot: Mr. Wyden asked why Affinity Partners had not “distributed a penny of earnings back to clients,” and suggested that perhaps it was set up primarily as a way for foreign entities to pay the Kushners rather than a typical fund in which partners reap the returns of deployed capital. “Affinity’s investors may not be motivated by commercial considerations but rather the opportunity to funnel foreign government money to members of President Trump’s family, namely Jared Kushner and Ivanka Trump,” Mr. Wyden wrote in a letter to Affinity this week, asking two dozen questions. Mr. Kushner, in interviews with The Times, acknowledged that his firm had moved slowly at first to invest the $3 billion it had collected from its investors since it formed in 2021.
#trump #saudiarabia #HunterBiden #Kushner #jaredkushner
in reply to DrBob 🙈🙉🙊

Nicole Parsons
Nicole Parsons
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Republican billionaires, Saudi Arabia, & Qatar are prepared to spend billions of their wealth on white elephants like Twitter & Elon Musk.

Ending democracy comes first.
washingtonpost.com/technology/…

Ditto for Truth Social's Russian investors. Anton Postolnikov
theguardian.com/us-news/2024/a…
cnn.com/2024/09/09/business/tr…
deadline.com/2024/08/trump-x-t…

And cryptocurrency investors. Winklevoss
forbes.com/sites/johnhyatt/202…

nytimes.com/2022/06/29/technol…

theguardian.com/us-news/articl…

And AI investors soon
nytimes.com/2024/04/25/technol…

Musk’s Twitter investors have lost billions in value

Musk bought X with a combination of his own money, bank loans and capital raised from friends and associates. Here’s how far underwater his investors are today.
Faiz Siddiqui (The Washington Post)
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