Jared Kushner’s Massive Ties to Company Backing IDF Exposed
Kushner, who has been tasked with negotiating peace in Gaza, has a huge financial stake in one of the biggest backers of the Israeli military.

President Donald Trump’s son-in-law Jared Kushner has made serious bank off of Israel’s genocide in Gaza, while simultaneously leading the U.S.-backed peace negotiations, CNN reported Thursday.
Shortly before Trump’s return to office last year, Jared Kushner’s Affinity Partners doubled its investment in Phoenix Financial, a Tel Aviv-based firm that has poured hundreds of millions of dollars into Elbit Systems, Israel’s largest arms manufacturer, as well as at least eight other companies that have seen massive gains as a result of Israel’s ongoing military campaign in Gaza.
Affinity Partners doesn’t benefit from any of these companies directly but has reaped massive rewards from its investment in Phoenix Financial. In July, Affinity cashed out a quarter of its stake for more than $340 million, which is more than five times the worth of its initial stock purchase.
Kushner himself has described Phoenix as Affinity’s “best investment,” and his firm remains the financial group’s largest shareholder, with a 7.4 percent stake worth more than $1 billion, CNN reported. Last September, Kushner told Forbes that he maintained a “very active dialogue” with Phoenix leadership, and met with them every few weeks.
Kushner has served as a top Middle East adviser during Trump’s second term and has floated his own wretched idea for what Israel ought to do with Gaza’s “waterfront property.”
Kushner’s financial entanglements are a clear cause for concern when it comes to his role as a volunteer envoy leading peace negotiations in Israel, Iran, and Ukraine, Cynthia Brown, chief ethics counsel for Citizens for Responsibility and Ethics in Washington, told CNN.
“There are always people who profit from war or government policies. The difference is that the people profiting should not be the people making the decisions to make that policy. And that is what is happening here,” Brown said.
Kushner’s attorney told CNN that he had “never participated in or directed Phoenix’s decisions” and had “no involvement in the decision to purchase, hold or sell any of the nine companies.” They insisted that “any suggestion that Jared’s diplomatic work influenced Phoenix’s investments in the companies you identify, or vice versa, is incorrect.”
His attorney confirmed that Kushner “regularly spoke with Phoenix management about the company, broader market trends and potential strategic opportunities” this time last year, but had wound down the frequency of their meetings as he has become “substantially more engaged in volunteer public-service and diplomatic efforts.”
But that doesn’t mean that Kushner’s involvement through Affinity Partners isn’t a damning conflict of interest. The president’s son-in-law has previously used his gig as special envoy as an opportunity to try to raise funds from foreign governments and individuals in the Middle East.



