Kushner's financial stakes in Israeli defence firms raises conflict of interest concerns: Report
Kushner's financial stakes in Israeli defence firms raises conflict of interest concerns: Report Submitted by MEE staff on Thu, 10/01/2026 - 17:52 Kushner's Gulf-backed investment firm has a stake in an Israeli company with extensive holdings in Israeli arms makers Trump's son-in-law and envoy Jared Kushner speaks at a 'Board of Peace' briefing on 23 September 2026 in New York City (Ryan…
Jared Kushner, son-in-law to former US President Donald Trump and envoy to the Israeli-Palestinian conflict, faces concerns over potential conflicts of interest due to his financial stake in Israeli defense firms. Kushner's investment firm, Affinity Partners, holds a significant portion of Phoenix Financial, a large Israeli company with interests in insurance, pensions, and asset management.
Phoenix Financial has invested a total of $456 million in nine defense-related companies. Elbit Systems, Israel's largest arms manufacturer, has received at least $265.1 million from Phoenix, with its weapons systems allegedly linked to the killing of Palestinians in Gaza. Other companies with Phoenix stakes include Bet Shemesh, which has produced warplane engines for Israel, and Reshef Technologies, which has received $165 million in orders from the Israeli military for artillery shells.
Kushner's involvement in these defense firms started in 2024 with a $128.5 million investment in Phoenix. He doubled his stake in January 2025, shortly before Trump's inauguration. Despite not holding an official government position, Kushner's connections to Israeli defense firms raise concerns over his ability to negotiate peace talks as Trump's envoy.
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