cnn.com·4 min read·medium

Jared Kushner’s company has large stake in firm with Israeli military links

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Allegra Goodwin, Katie Polglase, Majlie de Puy Kamp
Jared Kushner’s company has large stake in firm with Israeli military links
✦AI Summary

A CNN investigation reveals that Jared Kushner’s private equity firm holds a significant stake in an Israeli company that invests in military contractors. This raises questions about potential conflicts of interest given Kushner's role as a Middle East envoy.

Why it matters

It highlights the ethical complexities of individuals holding dual roles in private business and high-stakes government diplomacy.

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At the same time Jared Kushner has acted as a key negotiator in the war in Gaza, his private equity company, Affinity Partners, has held the largest stake in an Israeli firm backing businesses involved in Israel’s military campaigns, a CNN investigation has found. Kushner has skirted deeper scrutiny of this potential conflict of interest by acting as a volunteer envoy, rather than accepting a government job that would require him to disclose his finances. In the process, Kushner has carved out an unprecedented dual role under the Trump administration – one that blends lucrative business and high-stakes politics amid a devastating war. CNN used Israeli financial transparency laws to trace some of the military-linked investments of Phoenix Financial, a Tel Aviv-based firm that Kushner’s investment group doubled its stake in last year, shortly before Donald Trump returned to the Oval Office.

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