Soros Rips ‘Would-Be Dictator’ Trump, Lends Money to His In-Laws, the Kushners
George Soros has been a fierce critic of President Donald Trump, denouncing him at a recent conference in Switzerland as a “would-be dictator.” But that doesn’t mean he’s above doing business with the president’s in-laws — the billionaire investor is said to have given $250 million in credit to Jared Kushner and Joshua Kushner’s real estate startup Cadre.
“Soros has had a long and productive relationship with the Kushner family,” an unnamed source told the Real Deal, which broke the story on Friday.
The brothers started the venture two years ago, as an online platform that allows institutions to invest in real estate deals located in high-priced markets like New York City. It’s unclear whether Jared Kushner, now a senior adviser in the White House, will be selling off his stake in the business in a bid to avoid conflicts of interest.
Trump, Jared Kushner’s father-in-law, demonized Soros throughout the campaign, painting him as a wealthy influence peddler in tones that struck many as anti-Semitic dog whistles. He vowed to “drain the swamp” of the Washington, D.C. elite by reducing or removing the global power of Soros and his ilk.
Contact Daniel J. Solomon at solomon@forward.com or on Twitter @DanielJSolomon
A message from our CEO & publisher Rachel Fishman Feddersen
I hope you appreciated this article. Before you go, I’d like to ask you to please support the Forward’s award-winning, nonprofit journalism during this critical time.
We’ve set a goal to raise $260,000 by December 31. That’s an ambitious goal, but one that will give us the resources we need to invest in the high quality news, opinion, analysis and cultural coverage that isn’t available anywhere else.
If you feel inspired to make an impact, now is the time to give something back. Join us as a member at your most generous level.
— Rachel Fishman Feddersen, Publisher and CEO