The net worth of Joshua Kushner is $3.6 billion. He is a founder of thrive capital, a renowned investment firm Thrive Capital and co-founder of oscar insurance. He accumulated such an amount of assets mostly from his stake in Thrive capital, Oscar Health, and his health startup, the Liberal. He has other stakes in various other real states.
|Birth date||June 12, 1985|
|Net Worth||3.6 Billion USD|
Early Life And Education
Joshua Kushner was born on June 12, 1985, in Livingston, New Jersey. He is the younger brother of Jared Kushner, who is married to former US President Donald Trump’s daughter, Ivanka Trump.
Joshua Kushner attended the Frisch School, a Jewish day school in Paramus, New Jersey, before enrolling at Harvard University, where he studied government and graduated in 2008.
During his time at Harvard, Joshua Kushner founded his first company, UniThrive, a crowdfunding platform for students to finance their education. He later sold the company and went on to work as an analyst for Goldman Sachs.
In 2009, he co-founded Thrive Capital, a venture capital firm that has since become one of the most successful in the industry, with investments in companies such as Instagram and Slack. Joshua Kushner’s entrepreneurial spirit continued to thrive, and in 2012, he co-founded Oscar Health, a health insurance company that uses technology to improve the healthcare experience for its customers.
Overall, Joshua Kushner’s early life was marked by academic excellence and a passion for entrepreneurship. His experience at Harvard and his early ventures set the foundation for his successful career in the tech and healthcare industries.
Joshua Kushner’s Net Worth And Sources of Income
Josh Kushner’s net worth comes from real state investments made by himself and Jared Kushner throughout their lifetimes. The pair has been responsible for several smart business moves, and they sold their company in 2007 to a man named Spencer Bugden.
The pair received a variable sum of $440 million from their sale. At present-day, Josh Kushner’s net worth is around $2 billion valued at the time of writing.
Kushner’s father-in-law is a real estate developer and former reality tv personality who became the 45th president of the United States. He owns numerous properties around New York city as well as resorts and golf courses across the globe worth over $200 million.
He has been called ‘the king of debt’ for how little equity he puts down when purchasing properties and then making them into extremely lucrative assets through extensive renovations, often with debts that surpass the original purchase price by 200 percent or more.’
The Kushners have established a real estate empire of their own, with properties across the New York city area.
The president’s son-in-law is also interested in media startups like Vox media and now owns the New York observer’s Weekly newspaper. He is currently worth about $200 million after selling his roughly $1 billion stakes in the family business to his brother and a trust controlled by his mother.
In a nutshell, Josh’s main sources of income are-
- Real estate investment
- Magazine revenue
- Media publications
Josh Kushner’s Career
Josh Kushner currently co-leads Thrive Capital, which has invested in companies such as west elm, and Airbnb. He also helped his brother Josh founding Oscar’s health insurance company, which was recently valued at $2 billion after receiving an additional $400 million in funding for growth.
He currently serves on the board of Cadre, Connect Group, slighter capital, Oscar Health Insurance, and Warby Parker.
Joshua Kushner’s Wife: Family and Personal Life
The wife of Joshua Kushner is Karlie Kloss an American supermodel and entrepreneur. Karlie Kloss is wealthy as well.
Josh Kushner Thrive Capital
Josh Kushner owns thrive capital. He founded thrive capital in 2009 with only a capital of 10 million USD. Thrive Capital is one of the leading venture capital firms; as of now, he is still the company owner.