What's Jared Kushner's net worth? Trump's son-in-law slammed for saying Black Americans should stop 'complaining'
Kushner's assertion that Blacks lack a zeal to succeed and to address their problems drew heavy criticism and he was flogged for being blind to his privilege
White House advisor and President Donald Trump's son-in-law Jared Kushner was blasted for his comments on the Black community after he said on October 26 that Black Americans have to want to help themselves in order for the POTUS’ policies to help them. Kushner made the comments on ‘Fox & Friends’ that the president can help people in the Black community "break out of the problems that they're complaining about but he can’t want them to be successful more than they want to be successful."
He also stated that many people in the anti-police brutality and racial injustice protests after the death of George Floyd in Minneapolis were "just virtue signaling" – a term for hollow gestures of outrage or anguish on social media. He said, "They go on Instagram and cry, or they would, you know, put a slogan on their jersey or write something on a basketball court.” He continued, "Quite frankly, that was doing more to polarize the country than it was to bring people forward. You solve problems with solutions." He continued, “What I'd love to see from the players in the NBA – again they have the luxury of taking a night off from work, most Americans don't. I'd like to see them start moving into concrete solutions that are productive.”
Kushner said in the Fox interview that he admired rapper Ice Cube as the singing personality was also seeking concrete solutions. Ice Cube, whose real name is O'Shea Jackson, met with Kushner and Trump to discuss ideas that can reportedly help the Black community. Kushner said Ice Cube's proposals influenced the POTUS’ Platinum Plan to help Black Americans. "It was a really in-depth and respectful policy discussion. There were some things we didn't agree on, but there were a lot of things we did agree on. I think he helped make our plan better, and we appreciated it," Kushner mentioned praising Ice Cube. He added, “And one of the things I respect about Ice Cube is he actually went and said, ‘OK, what are the policies that are needed to solve the problems that everyone is complaining about?’” Kushner continued. As per Daily Mail, Trump has introduced a 'Platinum Plan' for Black America. this comes with an aim to generate 3 million new jobs over four years and increase access to capital by $500 billion.
However, Kushner's assertion that Black Americans lack a zeal to succeed and to address the problems facing their community drew heavy criticism. People on social media flogged him saying he is blind to his privilege and that his success is attributable more to his family's wealth than his personal efforts. Attorney Ben Crump said, “Jared Kushner speaks as if Black people are lazy complainers who don't want to be successful. This blatant DISRESPECT shows he has NO understanding of the Black community and its challenges that have spanned centuries. You can't "fix" these problems from this level of ego.” Actor Jon Favreau tweeted, “Jared Kushner’s family connections have provided him his only opportunities in life and he’s still failed miserably at every single thing he’s done, so perhaps it’s Jared who doesn’t want to be successful.”
Jared Kushner speaks as if Black people are lazy complainers who don't want to be successful. This blatant DISRESPECT shows he has NO understanding of the Black community and its challenges that have spanned centuries. You can't "fix" these problems from this level of ego. pic.twitter.com/fmILMVbrzY— Ben Crump (@AttorneyCrump) October 26, 2020
Jared Kushner’s family connections have provided him his only opportunities in life and he’s still failed miserably at every single thing he’s done, so perhaps it’s Jared who doesn’t want to be successful.— Jon Favreau (@jonfavs) October 26, 2020
Now that people are raising questions on Kushner’s success and privilege, here we shed some light on his net worth.
Jared Kushner’s Net Worth
Jared Kushner who is married to Donald Trump’s eldest daughter Ivanka Trump is worth an estimated $1.1 billion combined as per Business Insider. The senior advisor to POTUS hails from a family involved in real estate. Jared's family business, the Kushner Companies, owns and operates nearly $7 billion worth of real estate assets around the country as per Celebrity Net Worth. The same publication reported that in 2019, Kushner Cos. purchased an apartment portfolio for $1.15 billion. The rental properties are reportedly seen as Kushner Companies' biggest purchase in over a decade.
Besides that Kushner’s 2018 financial disclosure revealed that he and Ivanka Trump had a real estate and investment trust worth $710 million, Celebrity Net Worth reported. Kushner also earns income through Westminster Management, which operates apartments. In 2018, Kushner got nearly $1.5 million in income from Westminster Management, Celebrity Net Worth reported.
A 2018 New York Times report showed that Kushner paid little or no income tax from 2009 to 2016 due to losses from depreciation in real estate.
Currently, Kushner’s net worth is estimated to be around $800 million as per Business Insider.