Jared Kushner’s Israel Ties Deepen With $30M Insurance Investment Revelation
Donald Trump, Jared Kushner and Benjamin Netanyahu. Image by Getty
By Ari Feldman January 8, 2018
Jared Kushner’s financial ties to major Israeli firms continue to deepen with the revelation of a $30 million investment made by a major Israeli insurer into one of Kushner’s real estate ventures, the New York Times reported.
The investment, from Menora Mivtachim, one of Israel’s largest financial institutions, was made shortly before President Donald Trump’s first trip to Israel, in May. The deal infused cash into real estate ventures in Maryland run by Kushner Companies, Jared Kushner’s eponymous business.
It has not been made public until now. It is one of several financial transactions made between major Israel financial players and Kushner Cos.
There is no evidence Kushner was personally involved in negotiating the investment, or that it violates federal ethics guidelines.
A spokesperson for Kushner Cos. said it “does no business with foreign sovereigns or governments, and is not precluded from doing business with any foreign company simply because Jared is working in the government.”
Contact Ari Feldman at [email protected] or on Twitter @aefeldman
Did you know that only 2% of Forward readers donate to support our nonprofit newsroom? That 2% make it possible for millions to read the Forward without a paywall or subscription — removing any barriers to the full and fair Jewish story.
But while the Forward is free to read, it isn’t free to produce. Big stories — like deep dives into the antisemitism data, political scoops or reporting trips to college campuses — take months of research and fact-checking. All while we keep you informed of what you need to know each day.
— Rachel Fishman Feddersen, Forward Publisher & CEO
Support our mission to tell the Jewish story fully and fairly.
