Joshua Kushner facts for kids

Joshua Kushner (born June 12, 1985) is an American businessman and investor. He is known for starting and leading Thrive Capital, a company that invests in new businesses. He also helped create Oscar Health, a health insurance company. Joshua is the youngest son of real estate developer Charles Kushner and the younger brother of Jared Kushner. He also owns a small part of the Memphis Grizzlies basketball team.

Early Life and School

Joshua Kushner was born on June 12, 1985, in Livingston, New Jersey. He grew up there in a Jewish family with his parents, Charles and Seryl Kushner. He went to Harvard College and finished in 2008. Later, he earned another degree from Harvard Business School in 2011.

Joshua Kushner's Career

Starting Out in Business

When Joshua was in college, he helped start a student magazine called Scene. He also worked with two other students to create a social network called Vostu. This website was made for people in Latin America, where internet use was growing fast. Vostu later had some problems and became much smaller.

After college, he helped start a company called Unithrive. This company aimed to help students pay for college. It connected students who needed money with alumni (former students) who could lend them up to $2,000 without interest. Joshua also worked for a year at a big investment bank called Goldman Sachs.

Thrive Capital Investments

In 2010, Joshua Kushner started his own company, Thrive Capital. This company is a venture capital firm. This means it invests money in new and growing companies, especially those focused on media and the internet.

Thrive Capital has raised a lot of money from big investors, including Princeton University. For example, they raised $40 million in 2011 and $5 billion in 2024.

Thrive Capital was one of the first big investors in Instagram. When Instagram was sold to Facebook, Thrive Capital made a lot of money from their early investment.

Because of his work with Thrive, Joshua Kushner has been recognized by several magazines. He was named to Forbes' Forbes 30 Under 30 list, which highlights successful people under 30.

In 2021, big companies like Goldman Sachs and Disney's Bob Iger invested in Thrive Capital. This showed that Thrive Capital was valued at billions of dollars.

As of 2024, Forbes magazine estimates Joshua Kushner's wealth to be about $3.8 billion. This money mostly comes from his ownership in Thrive Capital. Fortune magazine also listed him as one of the 100 Most Powerful People in Business in 2024. They noted Thrive's early investment in OpenAI, the company behind ChatGPT.

Oscar Health Insurance

Joshua Kushner is also a co-founder of Oscar Health. He is the vice-chairman of this company. Oscar Health is a health insurance company that started in 2012. It uses technology to make health insurance easier to understand and use.

In 2021, Oscar Health became a public company, meaning its shares could be bought and sold on the stock market. Thrive Capital owns a large part of Oscar Health.

Cadre Real Estate Platform

In 2015, Joshua Kushner started another company called Cadre. He founded it with his brother Jared Kushner and a friend, Ryan Williams. Cadre is a technology platform that helps certain clients, like wealthy families, invest in real estate.

JK2 Management Company

Joshua Kushner and his brother, Jared Kushner, each own half of a real estate management company called JK2 (also known as Westminster Management). However, Joshua is not involved in running the daily business of this company.

In 2021, a judge found that JK2 had broken some laws in Maryland. The company was collecting money from tenants without the right licenses and charging them unfair fees. During the COVID-19 pandemic, JK2 filed many lawsuits against tenants for not paying rent, even when there were rules against evictions.

JK2 was also featured in a TV show called Dirty Money on Netflix. The show talked about how the company was accused of treating tenants unfairly.

Other Activities

In 2019, Joshua Kushner became a small owner of the Memphis Grizzlies basketball team. He bought a 2.5% share of the team.

In 2024, Joshua and his wife's media company, Bedford Media, announced they plan to bring back Life magazine. The first new print issue is expected in early 2025. He also joined the board of directors for A24 Films that same year.

Personal Life

Joshua Kushner began dating the famous model Karlie Kloss in 2012. They got engaged in July 2018. They were married on October 18, 2018.

In October 2020, it was announced that Karlie and Joshua were going to have their first child. Their son was born in March 2021. In May 2023, his wife announced she was expecting their second child. Their second son was born in July 2023.

The couple has bought several homes. In December 2020, they bought a house in Miami, Florida. They also bought a large apartment in New York City in 2021 and a home in Malibu, California, in 2024.

See also

In Spanish: Joshua Kushner para niños

• Kushner family