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AMERICANALMANAC (Alex Tanzer) - From a 600-foot tunnel to a $12 billion Lakers deal: how the Kushner family built two separate fortunes Sat Aug 15 16:46:19 2026

Josh Kushner and former Disney chief Bob Iger emerged this week as co-leaders of a group buying the Los Angeles Lakers for more than $12 billion, the latest milestone in a three-generation family rise that began with Holocaust survivors building modest homes in New Jersey. The deal caps a remarkable stretch for the younger Kushner […] The post From a 600-foot tunnel to a $12 billion Lakers deal: how the Kushner family built two separate fortunes appeared first on American Almanac .

Josh Kushner and former Disney chief Bob Iger emerged this week as co-leaders of a group buying the Los Angeles Lakers for more than $12 billion, the latest milestone in a three-generation family rise that began with Holocaust survivors building modest homes in New Jersey. The deal caps a remarkable stretch for the younger Kushner brother, whose venture-capital firm Thrive Capital now manages roughly $25 billion and whose personal fortune Forbes pegs at $5.2 billion. His older brother Jared, meanwhile, runs a separate investment firm out of Miami that was managing more than $5.4 billion by September 2025. Both men are billionaires. Neither inherited his wealth from the other's enterprise. And the family story that produced them starts not…Open

AI:Josh Kushner and former Disney executive Bob Iger have emerged as leaders of an investment group acquiring the Los Angeles Lakers for over $12 billion, a landmark deal that marks a massive expansion of the Kushner family's multi-generational wealth. The dynasty has evolved from its origins with Holocaust survivors Rae and Joseph Kushner in New Jersey to two distinct billionaire empires: Jared Kushner’s ventures involve real estate and significant capital from Gulf sovereign wealth funds, including a recent $55 billion takeover of Electronic Arts, while Josh Kushner’s venture capital firm, Thrive Capital, manages approximately $25 billion following high-profile bets on companies like Instagram and OpenAI. This massive acquisition occurs…Open

AMERICANALMANAC (Sadie Smith) - Bob Iger and Josh Kushner buy the Lakers for a record $12.5 billion — but questions follow the deal Fri Aug 14 16:45:32 2026

Former Disney CEO Bob Iger and venture capitalist Josh Kushner have purchased the Los Angeles Lakers at a record-shattering $12.5 billion valuation, a deal that closed faster than most people buy a car. The pair unveiled the acquisition Wednesday morning after what Iger described as a 72-hour negotiation sprint. They bought the majority stake from […] The post Bob Iger and Josh Kushner buy the Lakers for a record $12.5 billion — but questions follow the deal appeared first on American Almanac .

Former Disney CEO Bob Iger and venture capitalist Josh Kushner have purchased the Los Angeles Lakers at a record-shattering $12.5 billion valuation, a deal that closed faster than most people buy a car. The pair unveiled the acquisition Wednesday morning after what Iger described as a 72-hour negotiation sprint. They bought the majority stake from Mark Walter, a billionaire whose corporate empire is currently the subject of a federal investigation, and who held the team for barely more than a year before flipping it at a $2.5 billion markup. The deal still requires approval from the NBA's Board of Governors, a process Breitbart noted could take several weeks. That timeline alone should raise eyebrows. Walter took control of the Lakers…Open