Joshua Kushner

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Joshua Kushner
Born (1985-06-12) June 12, 1985 (age 35)
Alma materHarvard University (AB, MBA)
OccupationOwner of Thrive Capital
Co-founder of Oscar Health
Principal director of Kushner Properties
Minority Owner of Memphis Grizzlies
(m. 2018)
Parent(s)Charles Kushner
Seryl Stadtmauer
RelativesJoseph Berkowitz (grandfather)
Jared Kushner (brother)
Murray Kushner (uncle)

Joshua Kushner (born June 12, 1985) is an American businessman, heir[1] and investor. He is the founder and managing partner of the venture capital firm Thrive Capital, co-founder of Oscar Health, and the son of billionaire real estate magnate Charles Kushner. His brother is Jared Kushner, the son-in-law and former senior advisor to former U.S. President Donald Trump. He is a minority owner of the Memphis Grizzlies.[2][3]

Early life[edit]

Kushner grew up in a Jewish family in Livingston, New Jersey.[4] Several years after his father donated $2.5 million to Harvard[5] he was accepted and graduated in 2008, and graduated from Harvard Business School in 2011.[6][7]


Early career[edit]

During his sophomore year, Kushner was founding executive editor of Scene, a new Brooks Brothers-sponsored student-publication that aimed to be "Harvard's version of Vogue and Vanity Fair".[8] According to The Harvard Crimson, Scene "faced blistering criticism upon its release", with students going so far as creating a "Scene Magazine is Bullshit" Facebook group criticizing it for its "completely ludicrous ... skewed portrayal of the Harvard community" and "lack of models who were minorities".[9]

In the spring of his junior year, with two graduate students he pooled $10,000 to found social network Vostu,[10] which aimed to "fill a void left by online communities in which English is the lingua franca", like Facebook. According to Kushner, Latin America was a promising market for a Facebook-alternative and new social networking site because "[it was] a place where Internet use is increasing every year, and technology is booming at a rapid pace".[11] Vostu laid off the majority of its employees in 2013 and significantly scaled back its operations.[12][13]

The year after graduation, he also co-founded a start-up called Unithrive, with the cousin of the president of Kiva who was also a Harvard student. Unithrive was inspired by the peer-to-peer loan model of Kiva, but aimed to "ease the crisis in paying for college" by matching "alumni lenders to cash-strapped students ... who [could] post photographs and biographical information and request up to $2,000", interest-free for repayment within five years of graduation.[14] After graduating from Harvard, he started his career in the Private Equity Group at Goldman Sachs, in the Merchant Banking Division,[15] but left after a short stint.

Thrive Capital[edit]

He founded Thrive Capital in 2009, his private equity and venture capital firm that focuses on media and internet investments.[16][17] Since its founding, Thrive has raised $750 million from institutional investors, including Princeton University.[18] Thrive has raised several capital funds, including Thrive II, which raised $40 million in 2011, Thrive III, which raised $150 million in 2012, and Thrive IV, which raised $400 million in September 2014.[18][19]

As an investor in Instagram, Kushner was the second largest investor in Instagram's Series B fundraising round. Valued at $500 million, Thrive soon doubled its money after Instagram was sold to Facebook.[10]

For his work with Thrive, Kushner was named to Forbes' 30 Under 30,[20] Inc. Magazine's 35 Under 35,[21] Crain's 40 Under 40,[22] and Vanity Fair's Next Establishment.[23]


Kushner is a co-founder of Oscar Health, a health insurance start-up. Founded in 2012, Oscar was valued at $2.7 billion in 2016.[24] During calendar year 2020 Oscar's net income was -$400 million. Oscar went public in 2021 with Kushner's Thrive Capital owning a stake worth $1.14 billion.[25][26]

In 2020 it was revealed by The Atlantic that Jared Kushner had contracted Oscar Health to develop a coronavirus testing website that was later scraped even though Jared had said publicly that Google was developing the website.[27]


In 2015, Kushner founded a new company called Cadre with his brother Jared and their friend Ryan Williams, with Williams as Cadre's CEO. Cadre is a technology platform designed to help certain types of client, such as family offices and endowments, invest in real estate.[28][29]


Kushner owns 50% of JK2 (also known as Westminster Management), a real estate management company, his brother Jared owns the other 50%. In April 2021, A Judge ruled that JK2 was found to be have committed "widespread and numerous" violations Maryland’s consumer protection laws at Baltimore-area properties by collecting debts without the required licenses, charging tenants improper fees, and misrepresenting the condition of rental units.[30][31][32]

Personal life[edit]

Kushner started dating model Karlie Kloss in 2012.[33] The couple got engaged in July 2018,[34] and were married on October 18, 2018.[35] The couple had their first child in 2021.[36]

He is the brother of Donald Trump's senior advisor and son-in-law, Jared Kushner.


  1. ^ Storey, Kate (March 15, 2021). "Josh Kushner and Karlie Kloss Welcome Their First Child". Town & Country. Retrieved May 1, 2021.
  2. ^ Ozanian, Mike. "Memphis Grizzlies Minority Sale To Joshua Kushner Values Team At $1.32 Billion". Forbes. Retrieved May 1, 2021.
  3. ^ Draper, Kevin; Stein, Marc (March 22, 2019). "A Kushner Is an N.B.A. Owner". The New York Times. ISSN 0362-4331. Retrieved May 1, 2021.
  4. ^ "Forbes Features Members of the Tribe In 30 Under 30". December 29, 2011. Archived from the original on January 30, 2012. Retrieved November 7, 2013.
  5. ^ Golden, Daniel. "The Story Behind Jared Kushner's Curious Acceptance Into Harvard". ProPublica. Retrieved March 15, 2021.
  6. ^ Alyson Shontell (October 28, 2010). "Here Is Why VC And Entrepreneur Joshua Kushner Is Bothering To Get His MBA". Business Insider. Retrieved November 7, 2013.
  7. ^ "Q+A Joshua Kushner". Details. Archived from the original on October 7, 2011. Retrieved November 7, 2013.
  8. ^ Neyfakh, Leon (December 7, 2005). "DOORDROPPED: Which Scene?". The Harvard Crimson. Retrieved January 2, 2016.
  9. ^ "Glossies Gear Up For Second Run | News | The Harvard Crimson". Retrieved January 2, 2016.
  10. ^ a b "The 26-Year-Old VC Who Cashed In On Instagram". Forbes. Retrieved January 2, 2016.
  11. ^ Benitez, Andrew M. (March 7, 2007). "Students Start Spanish Social Site". The Harvard Crimson. Retrieved January 2, 2016.
  12. ^ "More Layoffs And Downsizing At Vostu, South America's One-Time Frontrunner in Gaming". TechCrunch. Retrieved April 29, 2021.
  13. ^ "After Zynga Settlement, Layoffs Hit Brazilian Social Gaming Company Vostu". TechCrunch. Retrieved April 29, 2021.
  14. ^ Salkin, Allen (June 12, 2009). "I'm Going to Harvard. Will You Sponsor Me?". The New York Times. ISSN 0362-4331. Retrieved January 2, 2016.
  15. ^ "The 26-Year-Old VC Who Cashed In On Instagram". Forbes. Retrieved November 7, 2013.
  16. ^ Rusli, Evelyn M. (August 22, 2011). "Joshua Kushner's Thrive Capital Raises $40 Million". The New York Times. Retrieved November 7, 2013.
  17. ^ "Joshua Kushner worked for Goldman Sachs before he started Thrive Capital, which invested in Instagram and Kickstarter". Business Insider. Retrieved January 2, 2016.
  18. ^ a b Rusli, Evelyn M. (September 6, 2012). "Thrive Capital Raises $150 Million Fund, Bolstering Profile". The New York Times. Retrieved November 7, 2013.
  19. ^ "Venture Firm Thrive Capital Raises Another Fund". The New York Times. October 6, 2014. Retrieved June 3, 2015.
  20. ^ Vardi, Nathan. "Joshua Kushner, Managing Partner, Thrive Capital, 26 - In Photos: 30 Under 30: Finance". Forbes. Retrieved November 7, 2013.
  21. ^ "Insurance in the U.S. is Broken. Oscar Wants to Fix It". Inc. Magazine. June 24, 2014. Retrieved June 3, 2015.
  22. ^ "Crain's 40 Under Forty Joshua Kushner, 28". Crain's New York Business. Retrieved June 3, 2015.
  23. ^ Deligter, Jack (March 21, 2012). "The Next Establishment". Vanity Fair. Archived from the original on September 23, 2011. Retrieved November 7, 2013.
  24. ^ Bertoni, Steven. "Oscar Health Gets $400 Million And A $2.7 Billion Valuation from Fidelity". Forbes. Retrieved May 12, 2016.
  25. ^ Livingston, Shelby. "Oscar Health, the original buzzy health insurance startup, has filed to go public. We pored over its 208-page filing to find 4 key takeaways". Business Insider. Retrieved February 8, 2021.
  26. ^ Goodman, Michael. "Josh Kushner stands to make a mint on Oscar Health's much-awaited IPO, and has almost total control. Here are the venture investors who will also do well". Business Insider. Retrieved May 1, 2021.
  27. ^ Meyer, Robinson (March 31, 2020). "Exclusive: Kushner Firm Built the Coronavirus Website Trump Promised". The Atlantic. Retrieved May 1, 2021.
  28. ^ "Kushner Had a Plan to Shed His Cadre Stake. Then the Pandemic Upended It". August 13, 2020. Retrieved May 1, 2021.
  29. ^ "Jared Kushner to Retain Stake in Cadre | The Real Deal". The Real Deal New York. July 17, 2020. Retrieved May 1, 2021.
  30. ^ "Jared Kushner's apartment company violated consumer laws in Maryland, judge rules". April 29, 2021.
  31. ^ "Judge: Kushner's apartment company violated consumer laws". AP NEWS. Retrieved May 1, 2021.
  32. ^ "Judge: Kushner's apartment company violated consumer laws". April 30, 2021. Retrieved May 1, 2021.
  33. ^ Friedman, Gabe (January 25, 2017). "Who is Jared Kushner's brother, and could his $2.7b company fail under Trump?". The Times of Israel. Retrieved January 25, 2017.
  34. ^ "Karlie Kloss Is Engaged to Joshua Kushner: 'Their Hearts Are Full'". Retrieved July 24, 2018.
  35. ^ Kimble, Lindsay (October 18, 2018). "Karlie Kloss Is Married! Supermodel Weds Joshua Kushner in Custom Dior Gown". People. Retrieved October 19, 2018.
  36. ^ Hanau, Shira. "Josh Kushner's former Israeli yeshiva leaks his baby's name". Retrieved May 1, 2021.

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