How Josh Kushner's Net Worth Backs US$12.5bn Lakers Deal
Discover how venture capitalist Josh Kushner built his billion-dollar net worth and joined Bob Iger in a record US$12.5 billion LA Lakers takeover.
American businessman Josh Kushner, ranked sixth among the world's wealthiest individuals with a net worth of US$5.2 billion, has backed the US$12.5 billion Lakers deal. Kushner, a Harvard graduate and venture capitalist, amassed his fortune through Thrive Capital, a firm he founded in 2010. Thrive Capital currently manages roughly US$25 billion in assets, following a recent US$5 billion fundraise. Before his Lakers purchase, Kushner held stakes in the Memphis Grizzlies and Miami Heat.
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