Reports Uncover Jared Kushner’s Business Ties With One of Israel’s Richest Families

‘Two leading U.S. news outlets reported on Wednesday on business ties totaling tens of millions of dollars between the family of Jared Kushner, President Trump’s son-in-law and senior adviser, and the Steinmetz family, one of the richest families in Israel which made most of its fortune in the diamond industry in recent decades.
According to reports published in Bloomberg and in the New York Times, the ties between the two families include high-stake real estate deals in Manhattan worth more than $150 million. Bloomberg says at least 15 different buildings in downtown Manhattan are co-owned by Raz Steinmetz, nephew of diamond dealer Beny Steinmetz, and by Kushner family’s Kushner Companies. The two also invested together in a project bearing President Trump’s name in New Jersey, according to the report.
Steinmetz and Kushner worked on some of these joint ventures through a company called Gaia, which according to Bloomberg was listed on the Kushner Companies’ website as an investor in the past. A spokesperson for the Kushners said that indeed, the two sides have been longstanding business partners.’
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