Josh Kushner Net Worth: How Rich Is the New Lakers Owner? (2026)

August 20, 2026 4 Min Read

Josh Kushner net worth searches spiked this week after he agreed to buy the Los Angeles Lakers alongside former Disney CEO Bob Iger. The figure sits at an estimated $5.2 billion, according to Forbes. Here’s how he built that fortune, and what his part in the $12.5 billion Lakers deal actually means for his wallet.

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Quick Answer: Josh Kushner Net Worth

Josh Kushner net worth: an estimated $5.2 billion, built mainly through his venture capital firm Thrive Capital, not inherited real estate money. On August 12, 2026, he and Bob Iger agreed to buy the Los Angeles Lakers. That deal values the franchise at $12.5 billion — but that figure is the team’s price tag, not Kushner’s personal net worth or what he personally paid. His actual capital commitment to the deal hasn’t been made public.

1. How Josh Kushner Made His Money

Thrive Capital, founded 2009: Kushner started the venture capital firm at 24. He still owns roughly 66% of it. The firm backed Instagram, Stripe, Spotify, GitHub, and OpenAI early, long before those names were household ones.
Oscar Health: He also co-founded the health insurance company in 2012 with Mario Schlosser and Kevin Nazemi. Oscar went public in March 2021, and Kushner still sits on its board as vice chairman.
Why it’s mostly self-made: Kushner comes from the wealthy Kushner real estate family. His father is Charles Kushner, and his brother is Jared Kushner. But most of his fortune traces back to Thrive’s investment returns, not the family business.
Sports investments before the Lakers: He picked up a 2.5% stake in the Memphis Grizzlies in 2019, sold it in 2024, then moved into a minority stake in the Miami Heat.

2. What the Lakers Deal Actually Means for His Net Worth

The $12.5 billion figure is the franchise’s price, not Kushner’s. Multiple outlets report the deal values the Lakers at $12 billion to $12.5 billion. That’s what the team is worth on paper, split among a group of investors. It isn’t a single check Kushner is writing.
His personal contribution isn’t public. None of the reporting on the deal, including CBS News’s coverage, discloses exactly how much of the purchase price Kushner himself is putting up.
Bob Iger is his co-buyer, not a rival bidder. The former Disney CEO and Kushner are leading the same investment group. They’re buying the team together, not against each other.
The seller is Mark Walter, not the Buss family directly. Walter, the Guggenheim Partners CEO, bought majority control of the Lakers about 14 months earlier for roughly $10 billion. This sale to Iger and Kushner is the second record-breaking Lakers sale in about a year.

3. Josh Kushner’s Background

Age and education: Kushner is 41, born June 12, 1985, in Livingston, New Jersey. So he studied government at Harvard, then went back for an MBA at Harvard Business School.
Family life: He married supermodel Karlie Kloss in 2018, and the couple has three children together.
Public profile: So despite running one of the largest venture firms in the country, Kushner keeps a lower public profile than his brother Jared, who served as a senior White House advisor.

Before You Repeat the “$12.5 Billion” Number

Don’t confuse the franchise valuation with Kushner’s net worth. They’re two different numbers that happen to be close in size right now — one is what the Lakers are worth, the other is what he personally owns.
His net worth was already $5.2 billion before this deal. The Lakers purchase adds to his portfolio; it didn’t create his fortune.
Watch for updated figures. Net worth trackers often lag real news by weeks, so a stale page may not yet reflect this deal at all.

FAQ: Josh Kushner Net Worth

What is Josh Kushner’s net worth?
An estimated $5.2 billion, according to Forbes, built primarily through his venture capital firm Thrive Capital.

How much did Josh Kushner pay for the Los Angeles Lakers?
That figure hasn’t been made public. The $12.5 billion reported figure is the franchise’s overall valuation, not Kushner’s personal payment.

Is Josh Kushner related to Jared Kushner?
Yes. Josh is Jared Kushner’s younger brother; both are sons of real estate developer and U.S. Ambassador Charles Kushner.

What company made Josh Kushner rich?
Thrive Capital, the venture capital firm he founded in 2009 at age 24, which backed early investors in Instagram, Stripe, Spotify, and OpenAI.

Did Josh Kushner own a sports team before the Lakers?
Yes. He held a 2.5% stake in the Memphis Grizzlies from 2019 to 2024, then took a minority stake in the Miami Heat.