Who is Josh Kushner, the billionaire who just bought the Lakers? | CNN Business

Josh Kushner doesn’t give many interviews or make public appearances often, but he’s keen on making headlines. Kushner, the brother of President Donald Trump’s son-in-law Jared, announced that he was teaming up with former Disney CEO Bob Iger to buy the Los Angeles Lakers for a record-breaking $12.5 billion. It’s just one of many flashy deals and investments involving the 41-year-old as of late. His successful career as founder of Thrive Capital, a venture capital firm that raised more than $10 billion in its latest round, has served as a springboard to build his status as a powerful mogul. “I think Thrive is a very small percentage of its potential. I feel like we’re just getting started,” Kushner said in a February podcast, frequently mentioning loyalty and humility as his core leadership values. “I believe that my word, the word of the firm, is more important than anything else,” he continued. Thrive has amassed a massive portfolio, ranging from early investments in high-profile technology companies like OpenAI and SpaceX, to trendy brands such as Spotify, Kim Kardashian’s SKIMS and movie studio A24. It’s also involved in sports, owning minority portions of