Jared Kushner’s company has large stake in firm with Israeli military links
A CNN investigation reveals that Jared Kushner's private equity firm, Affinity Partners, is the largest shareholder in Phoenix Financial, a company with extensive investments in Israeli defense firms. While Kushner acted as a key negotiator for a Gaza ceasefire, his firm held a 7.4% stake in Phoenix Financial, which has $456 million tied to military suppliers including Elbit Systems. Kushner has denied the reports, calling the CNN story deeply misleading. The findings have sparked accusations of conflicts of interest regarding the overlap of his diplomatic roles and private financial gains.
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- ✓ Jared Kushner's firm Affinity Partners is the largest shareholder in Phoenix Financial.
- ✓ Phoenix Financial has invested millions of dollars in Israeli defense companies, including Elbit Systems.
- ✓ Affinity Partners owns 7.4% of Phoenix Financial.
- ✓ Phoenix Financial's portfolio includes $456 million in military-linked firms.
What changed
A CNN investigation detailed a 7.4% ownership stake in Phoenix Financial and identified $456 million in military-linked assets.
Live updates
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Kushner's Affinity Partners holds major stake in Israeli military-linked firm
A CNN investigation reveals that Jared Kushner's private equity firm, Affinity Partners, is the largest shareholder in Phoenix Financial, a company with extensive investments in Israeli defense firms. While Kushner acted as a key negotiator for a Gaza ceasefire, his firm held a 7.4% stake in Phoenix Financial, which has $456 million tied to military suppliers including Elbit Systems. Kushner has denied the reports, calling the CNN story deeply misleading. The findings have sparked accusations of conflicts of interest regarding the overlap of his diplomatic roles and private financial gains.
Why it matters
Kushner served as a primary Middle East peace negotiator during the Gaza conflict. This role gave him significant influence over diplomatic outcomes that could impact the defense industry. The controversy centers on whether his private investments benefited from the military campaigns he was negotiating to end.
What is confirmed
- Jared Kushner's firm Affinity Partners is the largest shareholder in Phoenix Financial.
- Phoenix Financial has invested millions of dollars in Israeli defense companies, including Elbit Systems.
- Affinity Partners owns 7.4% of Phoenix Financial.
- Phoenix Financial's portfolio includes $456 million in military-linked firms.
- Jared Kushner has described CNN's reporting on these ties as deeply misleading.
Still unconfirmed
- Kushner's firm profited from Israeli defense investments specifically while he negotiated the end of the Gaza war.
- Kushner will soon become a federal prison inmate for his activities.
What to watch next
- Official responses from Phoenix Financial regarding the scale of its defense investments
- Further evidence linking specific diplomatic decisions to financial gains for Affinity Partners
confidence 90%Sources used for this update (22)
- CNN — Jared Kushner’s company has large stake in firm with Israeli military links
- The New Republic — Jared Kushner’s Massive Ties to Company Backing IDF Exposed
- Middle East Eye — Read more: Kushner's financial stakes in Israeli defence firms raises conflict of interest concerns: Report
- aa.com.tr — Trump son-in-law’s firm top shareholder in Israeli group invested in military suppliers: Report
- vickywardinvestigates.com — Jared Kushner Wears Two Hats When Conducting Diplomacy. It’s A Problem.
- Israel National News — CNN report: Kushner’s firm holds stake in Israeli investor in IDF suppliers
- The Jerusalem Post — Jared Kushner faces questions over investments linked to Israeli defense firms
- Ynetnews — Kushner’s firm profited from Israeli defense investments while he negotiated Gaza war end, probe finds
- Middle East Eye — Kushner's financial stake in Israeli defence firms raises conflict of interest concerns: Report
- The Daily Beast — Kushner Busted as Secret Dealings Come to Light
- TheWrap — Jared Kushner Accuses CNN of 'Deeply Misleading' Story Tying Middle East Diplomacy to Israeli Defense Companies
- www.cnn.com — Jared Kushner’s company has large stake in firm with Israeli military links
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