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What is Jared Kushner's net worth? Ivanka Trump and husband threaten lawsuit over Times Square billboards

The couple's lawyer, Marc Kasowitz, called the ads 'false, malicious and defamatory' in a cease-and-desist letter the Lincoln Project posted on Twitter
UPDATED OCT 25, 2020
Ivanka Trump and Jared Kushner (Getty Images)
Ivanka Trump and Jared Kushner (Getty Images)

President Donald Trump’s daughter, Ivanka Trump, and son-in-law, Jared Kushner, threatened legal action against the Lincoln Project over New York City billboards that depict the pair as showing "indifference" toward the toll of the coronavirus pandemic, according to a letter shared by the anti-Trump Republican group. The couple's lawyer, Marc Kasowitz, called the ads "false, malicious and defamatory" in a cease-and-desist letter the Lincoln Project posted on Twitter on Friday, October 23.

“If these billboard ads are not immediately removed, we will sue you for what will doubtless be enormous compensatory and punitive damages,” Marc Kasowitz said in his letter, which the Lincoln Project posted on Twitter.



 

An hour after sharing the letter, the Lincoln Project responded that the "billboards will stay up" and called the White House advisers "entitled, out-of-touch bullies".



 

Trump’s son-in-law is an American real estate developer and a multi-millionaire having a net worth of $800 million. He is featured on one of the episodes of 'Dirty Money' Season 2 on Netflix. The episode is called 'Slumdog Millionaire' and is directed by Daniel DiMauro. As reported by Celebrity Net Worth, Kushner’s 2018 financial disclosure showed that he and wife, Ivanka, had a real estate and investment trust worth $710 million. Kushner also has his income through Westminster Management which operates apartments. In 2018, Kushner had about $1.5 million in income from Westminster Management, reports said.

Kushner’s family business, Kushner Companies, oversees about $7 billion in real estate, while Ivanka Trump has about $55 million in assets. Kushner’s personal assets in 2018 were closer to $181 million, Money.com reported, including $5 million in passive income from real estate.

Jared Corey Kushner was born on January 10, 1981, in Livingston, New Jersey. Jared's father is Charles Kushner, a well-known real estate developer. Raised in a Jewish family, Jared attended Harvard University in 1999. One journalist stated that Jared's father made a donation of $2.5 million before his son was accepted. He subsequently obtained dual JD/MBA degrees from New York University in 2007. While attending college, Jared reportedly made millions by closing real estate deals in his spare time.

Jared Kushner's political career began when Donald Trump started to seriously consider running for office. When Trump's campaign began in full swing, Jared was one of its most involved managers. He was especially involved in Trump's digital presence. When Trump won the election, Kushner was granted a high-level security clearance, and he continued to play a major role in the administration. Eventually, he was given the title of Senior Advisor to the President. Kushner also owns a tech startup, Cadre. He and his brother, Joshua Kushner, co-founded the company in 2014 and it was worth $25 million at a minimum in 2018, compared to a minimum of $5 million in 2017, AP reported. Kushner is now selling his stake in Cadre, The New York Times reported on March 5, 2020.

In 2009, Jared married Ivanka. They married in a Jewish ceremony, and Ivanka subsequently converted to Judaism. Over the course of their relationship, they have had three children together.

RELATED TOPICS DONALD TRUMP IVANKA TRUMP
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