Jared Kushner’s powerful clients apparently aren’t happy about the returns on their multimillion-dollar investments.
Gulf states injected hundreds of millions of dollars into a private equity firm owned by President Donald Trump’s son-in-law in the hopes of gaining influence over the White House and getting investment returns. But they’ve been feeling shortchanged since the U.S. waged war on Iran, according to Bloomberg.
Affinity Partners, the Florida-based investment firm owned by Ivanka Trump’s husband, has received massive investments from Qatar, Saudi Arabia, and the United Arab Emirates since its founding in 2021. Although Trump was not in office when the firm was launched, sources told Bloomberg that the three states agreed to pay large sums of money to curry favor with the Trump administration and see returns on their portfolio.
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