Jared Kushner’s Shady Firm Exposed for the Saudi Scam It Is
Jared Kushner’s private equity firm, Affinity Partners, has come under fire in a new Senate Finance Committee investigation, which reveals the firm has yet to return any profits to its foreign investors. Despite receiving billions from countries such as Saudi Arabia, Qatar, and the United Arab Emirates, Kushner’s firm has produced zero returns while pocketing $112 million in fees since 2021.
The investigation, prompted by a New York Times report, found that 99 percent of the firm’s nearly $3 billion funding came from overseas. This has raised concerns about whether the firm’s investors are more interested in gaining political influence through Kushner, Donald Trump’s son-in-law, than in any commercial returns.
Senator Ron Wyden, chair of the Finance Committee, expressed concern that Affinity Partners may be a vehicle for funneling foreign government money to Kushner and his wife, Ivanka Trump. Wyden warned of potential conflicts of interest should Trump win another term in office. Foreign governments could potentially wield financial leverage over the Trump family due to ongoing investments and real estate deals, affecting U.S. foreign policy decisions.
So far, Affinity has made small investments in companies like the Israeli car-leasing firm Shlomo Group and UAE-backed firms Zamp and Dubizzle Group. However, Wyden cautioned that these financial entanglements could deepen if Trump were to return to power, with Kushner and Ivanka continuing to benefit from foreign fees.
Is Kushner simply failing, or is this a deliberate political strategy?