His entire career was in investments, Vermin.
Business career
Following his father's conviction and subsequent incarceration between March 4, 2005, and August 25, 2006, Kushner took a much bigger role in the family real estate business.
[30] He set about expanding the business and acquired almost $7 billion in property over the next ten years, much of it in New York City.
[31] As of 2019, Kushner's net worth is estimated at $800 million.
[32]
Real estate
Kushner was an active real estate investor during his college years, and increased the Kushner Companies' presence throughout the New York City real estate market.
[33]

Kushner Companies purchased
666 Fifth Avenue in 2007 for $1.8 billion, the most expensive single property purchase in US history at the time.
[34]
Kushner Companies purchased the office building at
666 Fifth Avenue in 2007, for a then-record price of $1.8 billion, most of it borrowed.
[34] He assumed the role of CEO in 2008.
[35] Following the property crash that year, the cash flow generated by the property was insufficient to cover its debt service, and the Kushners were forced to sell a controlling stake in the retail footage to
The Carlyle Group and
Stanley Chera[36] and bring in
Vornado Realty Trust as a 50%
equity partner in the ownership of the building.
[37] By that time, Kushner Companies had lost more than $90 million on its investment.
[38] He was the face of the deal but his father Charles Kushner pushed him to do the deal.
[39]
In 2011, Kushner purchased a 130,000 square foot office tower at 200 Lafayette Street in Manhattan for $50 million, selling it two years later for $150 million.
[40][41] On August 18, 2014, Kushner acquired a three-building apartment portfolio in
Middle River, Maryland, for $38 million with Aion Partners, later selling the complex for $68 million.
[42] In 2013, his company led a transaction to purchase the Jehovah's Witnesses headquarters in Brooklyn Heights for $375 million and invested $100 million into the site, transforming it into a sprawling office park, and signing online retailer Etsy to a 10-year lease.
[43][44]
In 2013, Kushner co-founded WiredScore, a global organization that provides a digital connectivity certification rating the quality and resilience of digital infrastructure in buildings.
[45]
Throughout 2013 to 2014, Kushner and his company acquired more than 11,000 units throughout New York, New Jersey, and the
Baltimore area.
[46] In May 2015, he acquired a 50.1% stake of the
Times Square Building from
Africa Israel Investments Ltd. for $295 million.
[47]

In May 2015, Kushner purchased a majority stake of
One Times Square for $295 million.
[47]
In 2014, Kushner, with his brother
Joshua and
Ryan Williams, co-founded
Cadre (now RealCadre LLC), an online real-estate investment platform. His business partners included
Goldman Sachs and billionaire
George Soros, a top Democratic Party donor.
[48][49][50] In early 2015,
Soros Fund Managementfinanced the startup with a $250 million credit line.
[48][51] Kushner did not identify these business relationships in his January 2017 government financial-disclosure form.
[48][52] He did, however, disclose his ownership of BFPS Ventures, the company that housed his stake in Cadre.
[48][53] In 2020, his ownership stake in Cadre was estimated at $25–50 million.
[54]
Newspaper publishing

Kushner (right) with
The New York Observer's then editor-in-chief
Peter W. Kaplan, September 2008.
In 2006, Kushner purchased
The New York Observer, a weekly New York City newspaper, for $10 million,
[55] outcompeting a bid by Trifecta Enterprises, a group headed by Robert De Niro. To make the bid, Kushner used money he says he earned during his college years by closing deals on residential buildings he purchased in Somerville, Massachusetts,
[56]with family members providing the backing for his investments.
[57]The buildings, which he purchased for $8.3 million in 2000, sold four years later for $13 million.
[58]
After purchasing the
Observer, Kushner published it in
tabloid format.
[59] Since then, he has been credited with increasing the
Observer's online presence and expanding the Observer Media Group.
[60][61]With no substantial experience in journalism, Kushner could not establish a good relationship with the newspaper's veteran editor-in-chief,
Peter W. Kaplan.
[62] "This guy doesn't know what he doesn't know", Kaplan remarked about Kushner, to colleagues, at the time.
[62] As a result of his differences with Kushner, Kaplan quit his position. Kaplan was followed by a series of short-lived successors until Kushner hired Elizabeth Spiers in 2011.
[63] It has been alleged that Kushner used the Observer as propaganda against rivals in real estate.
[63][64] Spiers left the newspaper in 2012. In January 2013, Kushner hired a new editor-in-chief,
Ken Kurson. Kurson had been a consultant to Republican political candidates in New Jersey.
[63]
According to
Vanity Fair, under Kushner, the "
Observer has lost virtually all of its cultural currency among New York's elite, but the paper is now profitable and reporting traffic growth ... [it] boasts 6 million unique visitors per month, up from 1.3 million in January 2013".
[65] In April 2016, the
New York Observer became one of only a
handful of newspapers to officially endorse United States presidential candidate Donald Trump in the Republican primary, but the paper ended the campaign period by choosing not to back any presidential candidate at all.
[66][67]
Kushner stepped down from his newspaper role in January 2017 to pursue a role in President Donald Trump's administration. He was replaced by his brother-in-law, Joseph Meyer