Jared Kushner's massive Saudi earnings for few investments raise questions

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Kushner has collected yearly management fees from Saudi Arabia, despite not yet using any of the country's money to make investments.

Jared Kushner's considerable payments from Saudi Arabia, despite seeming to do little for them, have raised eyebrows, with one critic decrying the situation as"money for nothing."and husband of his oldest daughter Ivanka, currently works at Affinity Partners, the investment firm he founded after leaving the White House in 2021. Kushner previously served as a senior White House adviser during the Trump administration, working closely on the administration's Middle East policy.

Kushner defended this arrangement, telling the outlet that this was due to the fact that Affinity Partners opened amid a turbulent time for investment, further crediting his firm for its patience. Jared Kushner, the son-in-law of former President Donald Trump, is seen. Kushner has been criticized for collecting considerable investment management fees from Saudi Arabia despite not making any investments for the country."Deployment has been slower than expected because we maintained high standards," Kushner said."In retrospect, I'm glad we didn't follow the herd."

Others, like Norm Eisen, a senior fellow in Governance Studies at the Brookings Institution, suggested that the payments were, in fact, meant to curry favor with Kushner as part of a plan to seed connections with Trump's family, should the former president retake the White House in the 2024 election.."In the absence of material transactions, this goes beyond a raised eyebrow to profound concerns about possible impropriety and quid pro quo.

 

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