Jared Kushner's net worth grew 1,440% since 2009 — 9 times more than the average US household. Here's what drove the gap

Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below.

A chart that was recently posted to X put a striking number on a familiar story: since 2009, Jared Kushner's estimated net worth has grown about 1,440% — from around $65 million to more than $1 billion (1).

Over the same period, the post notes, the average American household's net worth grew by about 160%.

Top Picks

• Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake — here's what it is and 3 simple steps to fix it ASAP

• JP Morgan sees gold hitting $6,000/oz before 2027 — and a Gold IRA lets you hold the physical metal while deferring the tax bill. Get your free guide from Priority Gold

• Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one

The comparison, shared by prominent financial commentator Steve Rattner, is about the specific mechanisms that allowed one person's fortune to compound at nine times the rate of the broader population. Understanding those mechanisms is, in many ways, a lesson in how the wealthiest Americans operate on a much different scale.

Where Kushner started and how he grew

By 2009, Kushner had already been running Kushner Companies for several years, having taken over after his father, Charles Kushner, was convicted on criminal charges (2), including tax evasion and witness tampering. Under Jared's leadership, the firm has acquired nearly $7 billion in property (3).

While Kushner's net worth at the time is difficult to pin down from public records, the approximate $65 million starting figure comes from the analysis that prompted this comparison (1).

Over the following decade, that foundation compounded steadily.

According to The Tradable, Kushner's White House financial disclosures showed he and wife Ivanka Trump held combined assets of between $240 million and $740 million during that period, with Westminster Management alone generating $1.5 million in annual personal income (4) from its portfolio of 20,000 apartment units. Then, when Kushner sold his share of real estate startup Cadre, his payout was between $25 million and $50 million.

But the more dramatic acceleration came after he left Washington.

In 2021, Kushner founded Affinity Partners in Miami. According to NoonPost English, Saudi Arabia's Public Investment Fund committed $2 billion to the firm (5) — a cornerstone investment, along with another $1.5 billion from Qatari and Emirati funds.