That was the biggest percentage jump among America’s 400 richest people.
A major reason is Kushner’s investment firm, Thrive Capital, which made early and aggressive bets on companies like OpenAI and SpaceX before their valuations surged.
As those companies became more valuable, so did Kushner’s stake in Thrive, sending his personal fortune up by more than three times in a single year.
Kushner, the younger brother of Jared Kushner, has quietly built one of the most powerful investment firms in tech, with more than $65 billion under management.
At just 41, the Jewish investor is now one of the fastest-rising billionaires in America.